The Economic Collapse of 2025 - Are you tired of winning yet?

Thoughts on this analysis of the tariff plan?
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I'm personally excited for the crying from people who use Temu/ Aliexpress/ Shien and other Chinesium fast fashion haul crap.

Suffer influencers and massively trash producing fashioned industry, suffer.
That's nothing. Temu/Aliexpress/Shien/Amazon/eBay/Etsy all use a loophole that allows them to ship infinite amounts of shit from China to the US and avoid customs tax and the like. That loophole is being closed, which is a completely separate issue and will 100% destroy those drop shipper's business model. Unless they're just expecting to ignore the change or something.
 
Tariffs have generally backfired against the US throughout history. I believe they should be kept at least somewhat low except in developing industries and against some competitors to a degree. The Smoot-Hawley Tariff Act of 1930 is a great example of why this is the case, as it was an attempt to end the Great Depression but it only worsened it and fucked the whole world over. This is a no-brainer.
Jackson ran a profitable government.
 

This genius realizes that a deflationary spiral is exactly what happened to Japan during the "Lost Decade" which they never recovered from, right? A deflationary spiral is what perpetuated the Great Depression for so long. Deflation is a very, very dangerous tool. If it's mismanaged just a little, it can destroy your economy.
 
I was supposed to build a pc last year. Decided to go on a long vacation instead. Now I can’t even buy a computer because the price has nearly doubled. Very cool.
Hold up everybody, we need to dial back those tariffs - I know some of you were worried about the obvious decline of your country and the farther off economic future for yourself and your kids, but if the tariffs stick you're going to have to choose between a long vacation or having a gaming PC this year, instead of having both. Obviously this is a bridge too far!
 
no. we negotiate trade with Mainland, Hong Kong, Macau, and Taiwan separately.
yea but a tarriff is diffrent, its leveled on a country to country level so saying that we have intentionally different numbers for each entitny says somthing even though we have traded with them as "individual entity's" before, its a unique key identifier as opposed to being general.

think of it like this, imagine if the UK tarrifed the USA and the confederacy at different rates with less to the confederacy they would have rightly seen that as a absurdly legitimizing move by the British not to mention helping a rebelling province, see it from that perspective?

Im not saying I agree or disagree with it just saying how its likely being seen in Beijing and Taipei
 
I agree with these but generally feel he should have rolled them out sloooowwwlllyyyy to allow American businesses to have time to adapt.
The problem with that is that they end up "adapting" via third country imports. This will still be happening to a degree of course but not before these third countries drop their tariffs to 0 and make other concessions.
 
by making the Taiwan and Chinese tariffs different are we not inadvertently saying 2 china policy?
Why tariff Taiwan, Korea, and Japan at all? Those countries are necessary to containing China and are rich enough to play both sides. They're not like Canada when they have to accept US vassalage.
 
Thoughts on this analysis of the tariff plan?
He's not wrong that a lot of stuff is more expensive because it's being exported out. Short of things that have so little market value and high supply they're affordable anywhere (chicken feet) a lot of stuff that is expensive locally. I live in pecan-growing country and those things are almost $20 a pound with the shells still on them.
 
Hurr let's print infinite money, run deficits for a century straight, borrow trillions of dollars from other countries, and somehow pretend it is US bankrolling the rest of the world and not the other way around.
If the rest of the world’s economy tanks the second the US stops footing the bill then their money was play money to begin with.
 
Inflation’s gonna rawdog the middle class
This has literally already been happening, it's risky sure but because previous admins DID NOT implement smart tariffs to protect our industries during the advent of the world trade organization middle america has been repeatedly fucked and has had their jobs taken for decades, they've gotten poorer while the elite get richer due to offshoring. It is risky I can admit that, but i dont fucking care id rather a huge gamble backfire than continue for everything to slowly get worse while no one does anything to even try to fix it. Like ffs it's only been 2 generations since the WTO was introduced and america has lost 80% of it's manufacturing industry. Look no further than the rust belt to see that globalization has not been the middle classes friend.
 
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