This is where I reinforce my belief that NATO wouldn’t collapse without the US. Weakened, yes, less militarily ready, yes. Give them some credit!
I know you’d like the US to continue to lead, JVL, as would I, but we’re just not there anymore. The EU is admirably garnering their resources to fortify their union in fighting Putin and to support Ukraine. Out of resolve. They know right vs wrong, good vs evil. We no longer do.
Somebody needs to compile a list of all the reasons being given for Trump's tariff policy. 1893 - tariffs instead of taxes; he wants to bring the CEO class to heal; he and the broligarchy want to destroy the US economy to set up technofeudalist states; it's just a core belief based on economic ignorance; it's a childish, 'laugh at my tariffs, I'll show you'; he wants to be the dealmaker; it's just a grift. Any I missed? For me, not sure why matters, it's just a stupid economic own goal.
I believe NATO is dead. If the United States attacked Greenland, what would Hungary and Turkey do if Denmark petitioned for Article 5? What would they do if the United States attacked Canada? Article 5 requires unanimity. I'm skeptical. It will be individual countries coming to Trump's victims' aid.
I truly hope that you are not equating the two. Putting tariffs on basically every country (including some uninhabited islands) in the world based on a made-up equation is insane.
One example of a congresswoman suggesting tariffs against China. Somehow equivalent to the guy now actually enacting multiple tariffs worldwide for no rational reasons.
Pelosi was talking about tariffs on China. We helped rebuild Japan, and Europe after WW2. We have had 80 years of prosperity since then. We are the richest nation in the world. I don't understand how tariffing the entire world benefits us. You cannot blame the rest of the world for our own fiscal deficits, when for years we profit but do not tax equally across our population to handle our fiscal responsibilities.
Japan was not a "bad foreign actor" when Ronald Reagan, concerned about our auto industry, put not just a tariff on Japanese cars, he put an actual quota on them -- this many and no more. The result: Toyota set up factories right here in the US. In fact, the Toyota Camry became the best-selling car in America. Still the Toyota brand and Toyota still gets the profits, but every car is made by American workers.
Pelosi has always been anti China since Tiananmen Square. Also the strong repression of democracy in China and China's aggression against Taiwan. Her call for tarrifs were punitive not economic advantage.
I don't care, I went 100% to cash equivalents and AAA on inauguration, at the beginning of March I went 75% to tripledown S&P funds, I think its gonna be a while until the cat bounces. I have invested tens of dollars in this fiasco. I expect many people of money have done the same.
I had some ruminations his Tariff policy is part of his over-all program of wealth transfer and his dictatorship. A way to break the spirit of the American people.
Will is wrong; they didn't flip the evil and stupid parties; the El Salvador concentration camp proves that the Republicans decided to be both.
This is where I reinforce my belief that NATO wouldn’t collapse without the US. Weakened, yes, less militarily ready, yes. Give them some credit!
I know you’d like the US to continue to lead, JVL, as would I, but we’re just not there anymore. The EU is admirably garnering their resources to fortify their union in fighting Putin and to support Ukraine. Out of resolve. They know right vs wrong, good vs evil. We no longer do.
I wish them Godspeed.
Egger has an exceptional command of English
Somebody needs to compile a list of all the reasons being given for Trump's tariff policy. 1893 - tariffs instead of taxes; he wants to bring the CEO class to heal; he and the broligarchy want to destroy the US economy to set up technofeudalist states; it's just a core belief based on economic ignorance; it's a childish, 'laugh at my tariffs, I'll show you'; he wants to be the dealmaker; it's just a grift. Any I missed? For me, not sure why matters, it's just a stupid economic own goal.
JVL is wrong; Trump wants to be a President who has enlarged American territory.
Does anyone put stock into the theory that Trump thinks tariffs can replace all taxes because he personally hates paying his taxes?
Project 2025 "The Case for Fair Trade" by Peter Navarro.
Andrew, Hillsdale? We need to talk.
The stupidest hit peak stupid when they attempt cleverness.
I believe NATO is dead. If the United States attacked Greenland, what would Hungary and Turkey do if Denmark petitioned for Article 5? What would they do if the United States attacked Canada? Article 5 requires unanimity. I'm skeptical. It will be individual countries coming to Trump's victims' aid.
Trump will turn around and give Greenland to Putin.
He'd give the United States to Putin.
I think he is. Currently.
Gosh, here's Nancy Pelosi in 1996, calling for....hmmmm...TARIFFS on China. Give a listen, she's quite articulate:
https://x.com/ThePatriotOasis/status/1907842690294702581
I guess she was part of the stupid party, then.
I truly hope that you are not equating the two. Putting tariffs on basically every country (including some uninhabited islands) in the world based on a made-up equation is insane.
One example of a congresswoman suggesting tariffs against China. Somehow equivalent to the guy now actually enacting multiple tariffs worldwide for no rational reasons.
If you can’t see the difference, you can’t see.
Narrowing Tariffs to bad foreign actors is appropriate. Tariff everybody bad policy.
Pelosi was talking about tariffs on China. We helped rebuild Japan, and Europe after WW2. We have had 80 years of prosperity since then. We are the richest nation in the world. I don't understand how tariffing the entire world benefits us. You cannot blame the rest of the world for our own fiscal deficits, when for years we profit but do not tax equally across our population to handle our fiscal responsibilities.
Japan was not a "bad foreign actor" when Ronald Reagan, concerned about our auto industry, put not just a tariff on Japanese cars, he put an actual quota on them -- this many and no more. The result: Toyota set up factories right here in the US. In fact, the Toyota Camry became the best-selling car in America. Still the Toyota brand and Toyota still gets the profits, but every car is made by American workers.
Pelosi has always been anti China since Tiananmen Square. Also the strong repression of democracy in China and China's aggression against Taiwan. Her call for tarrifs were punitive not economic advantage.
"Punitive" and "economic advantage" are intertwined, no?? Unless you prefer war.
I don't care, I went 100% to cash equivalents and AAA on inauguration, at the beginning of March I went 75% to tripledown S&P funds, I think its gonna be a while until the cat bounces. I have invested tens of dollars in this fiasco. I expect many people of money have done the same.
I had some ruminations his Tariff policy is part of his over-all program of wealth transfer and his dictatorship. A way to break the spirit of the American people.
https://youtube.com/shorts/RUAuLSYLxus?si=fR7iAIbg56vlnSU-
Perfect. Trump probably never took US history. His father just bought his HS diploma.
Wait, it's (exports - imports)/(epsilon*phi*imports)
So it's more complicated!! Ha ha own the libs!!!
Wait... what are epsilon and phi? 4 and 0.25? ummmm... 4*0.25 = 1. Oh crap, the equation does reduce to (exports - imports)/imports.