Bros, I think that Trump thinks paying for goods/services is fundamentally a rip-off for the one paying for it.
And he's now applying that to the entire economy.
Bros, I think that Trump thinks paying for goods/services is fundamentally a rip-off for the one paying for it.
And he's now applying that to the entire economy.
Let me understand this... you Americans told a president to fuck off because he was senile, and then elected THIS?
I can't blame him, 98% of transactions are scammer scamming other scammers
I dunno I think people are accustomed to non-verbal agreements and those have been phasing out for a long time now.
People are trying to put tip buttons where the green ok sign was on our standard credit card scanners and I am not one for tipping culture
I've been telling people for a whole month that America is dead but nobody listenes. People simply can't accept the horrible truth.
everyone is as bad as me!!!
Scammer logic to justify being human trash
Why doesn't Trump simply commission privateers to plunder precious metals in the high seas???
reverting to third world business practices where it's a firm handshake and your word vs his is good
the absolute state of trumptards
Yes.
But only partially. He wants to use the tarrifs to force governments to settle on things other than trade as well. The problem being, no one likes to be forced to do things at gunpoint, right? So do the other governments. Whatever they agree to do now, they will reverse at the first chance. Meaning, turning the world against you will only cause them to make concessions, but at the same time, join with others in order to create a safer network.
yeah but here's the gotcha for you buddy
im talking about self scanning self serve checkouts
scammer poisoning the well
Remember rankesh, it's a numbers game, call enough people and eventually you find a sucker
Yes. Weak countries must pay tribute. Fact that they ask for money is just ridiculous.
high trust society is third world
They're just throwing whatever they can at the wall to see what sticks
NO U
Did you buy Trump's meme coin?
Your cult leader is openly a scammer.
Contract law and the rule of law is the only reason the west is successful over shithole honor societies like the middle east.
You MAGA niggers wanna go so far as to undo the magna carta.
We don't have a high trust society and never will
Not after importing hordes of low trust immigrants, no
Yes, that is my point.
In sense having a "business man" dictate economic policy is like having a pro golfer run the league. Like it could make sense but its not actually similar skills at all.
But the other thing is that Trump has never actually run a real business. He is the typical millionaire heir that was just given a title at his dad's companies before he inherited it. Maybe he has experience deal making but not really any related to building or running businesses. And the ones he is most involved in tended to go bankrupt. The exception being his TV shows, his skill is entertainment and not business.
Trump's weirdly naive view of macroecnomics makes sense, but you should really expect any business man or even a politician to understand economics. Understanding showmanship or business doesn't mean you understand economics. And understanding economics doesn't mean you know how to make money in business. Its two different skillsets. That's why politicians typically hire and defer to economic experts, and why economic experts work jobs instead of becoming self made millionaires. The key problem with Trump is that he is anti-intellectual and doesn't listen to experts. He is overconfident and not aware of what he doesn't know.
Yes. I voted for this.
Not American, but 2 party system.
Vote for Lunatic A or Lunatic B.
The key problem with Trump is that he is anti-intellectual and doesn't listen to experts.
The great thing about Trump is that he is manipulable....by the American public and not big money globalists.
If Trump had actually paid attention in class while getting his econ degree, he would be Milei who's doing the opposite of his policies.
Vote for Lunatic A or Lunatic B.
But there are other candidates. You don't vote for them for some reason... The two party system is in the mind of people, not in the law.
Isn't the manipulation is the other way around? Trump is good at creating narratives that his base eats up and quickly align with policies that are against their own interest. How many "conservatives" would support this massive government intervention and central planning if it was done by any other politician?
If Trump had actually paid attention in class while getting his econ degree, he would be Milei who's doing the opposite of his policies.
It's not an attention issue, I think it's more an IQ issue.
funny how the leftwing became the chuds
Trade imbalances exist for FUNDAMENTAL reasons, not just because countries are "screwing us" with protectionist policies.
Look at basic economic reality:
1) Some countries have comparative advantages in manufacturing (lower wages, established supply chains)
2) The US has the world's most sophisticated financial system and strongest currency
This is literally how trade SHOULD work. Countries specialize in what they're good at. Eample: (1)Vietnamese wages are lower than US wages, so Vietnamese people make sneakers and t-shirts that they sell to the US cheaply for dollars and then (2)US financial system is big, so Vietnamese people invest those dollars in US financial assets. We are good at making financial assets, they are good at making low-cost clothing, so we trade.
But this applies everywhere - from German machinery to Japanese electronics.
The absolute brainlet take is thinking "reciprocal and fair" means equal dollar amounts on both ledgers. That's not how this works.
Whats the endgame here? You think Americans are lining up to work in sneaker factories? Even at "good wages"? Do we have the robotic capability to replace these factories without massive workforce disruption?
The reality is we're trading ENTRIES IN COMPUTER DATABASES for ACTUAL PHYSICAL GOODS. This is fucking MAGICAL for America. We're literally creating financial instruments and getting tangible products in return.
You can disagree all you want, but at least have a coherent theory of what success looks like beyond "number go same"
If it's true it should've been more memes and less virtue signalling.
Ok, but then what does he spend money on, if not goods or services?
Realistically you'll only have two parties since the US candidates needs huge amounts of money to run, and you're only getting that sort of money if you join the two (corrupt in different ways) parties.
Retard
Those conservatives spent decades benefiting from a conservative media ecosystem that pandered to the lowest common denominator and actively encouraged the base to get progressively more brainrotted, Trump simply looked at their party and saw a base of crazy nutjobs that hated their representatives who benefitted from their vote without getting anything back and swooped in by being as schizo as they are. He started crafting that persona in Obama's second term by embracing birtherism, antivax shit etc. He has achieved a grand schizo unification by uniting all sorts of nutjobs under his banner.
Milei's Argentina is going to crash hard. He is draining the private sector at the behest of foreign creditors who Argentina never needed to take loans out from in the first place.
Milei's Argentina is going to crash hard
It was literally crashed before he got in and un-crashed it. The country was in recession thanks to Peronism and the GDP is already growing now.
foreign creditors who Argentina never needed to take loans out from
So you think the hyperinflation they had was fine and preferable to debt? Lol.
Chainlink will solve this problem in 10 years
Broadway show tickets
The only even marginally convincing argument I've heard from someone supporting this is that it's thinking longterm and future proofing against the US inevitably losing dominance. Bring the manufacturing back here, automate it with our robotics and AI strength, and there's not much that other countries can do in terms of sanctions, and our geographical position is great if we're being on the defense instead of world police.
Of course the obvious problems with the argument is that it relies on them actually bringing industry back instead of just waiting on the next admin to roll these policies back and also just gives up on most global influence.
Agree with all you said but like any economic change, whether its technical revolutions, or expansion of peace and free trade, there are winners and losers, even if its massively net beneficial and way more winners, the losers can be very vocal. USA, being rich, highly educated, highly advanced, specialized in high tech industries that tend to be less location dependent than less advanced industries. So this benefited intellectual "hubs" like cities, while locations where people lived only because there was a geographical requirement for an obsoleted industry suffered.
So its a legit reason why some areas of the country have been left behind, the hard truth is there is no real way to fix this other than reskilling and education, but some people simply do not want to work another job or move to another area, like for cultural or identity reasons. So they want to believe there is some magical way to bring back less productive industries that have just been completely obsoleted, because it existed before, while still somehow keeping all the other benefits they get from tech or free trade. Trump either from ignorance or dishonesty is the only promising them this. Of course he can never deliver though because its an impossible fantasy.
Real estate and crypto
But that would just naturally happen though in a free market. This sort of thinking about the government should have some 10 year design for the economy is just fucking stupid, commie logic.
the alternative was a DEI hire. Not metaphorically but literally someone chosen based on her skin color and gender as primary qualifications
you are only partially right
I dont think trump even knows how services factor into the economy
he goes on and on about the trade deficit with for example the EU, but doesn't seem to know or acknowledge that it's the other way around when it comes to the transfer of services
Same with investment. Trump says he wants others to invest in the US, but also hates trade deficits somehow, so he doesn't seem to realize trade deficits are definitionally an investment surplus. A trade deficit is literally others investing in the US, as US dollars are an investment in US debt. Trump doesn't seem to even had economics 101 level knowledge. He doesn't seem to understand money from a macro perspective and thinks wealth is a simple accumulation of currency.
Aren't the Greens and Libertarians also on the ballot in every state?
and how many elections have the greens and libertarians ever won while running for their own party
From my understanding when I googled it once, third party candidates are basically banned from presidental debates and other similar circus.
So they would need an extreme grassroots visibility to have any chance of doing anything.
skin color and gender as primary qualifications
you realize she was attorney general and a senator before she was elected as vice president?
mainstream media exists to peddle narratives. they actively block out independent candidates because there are no donation gibs associated with it. it's the same reason why ever talking head was 'perplexed' that anyone would shoot a health insurance CEO.