![]() ![]() ![]() ![]() |
|
SaltyNZ:"For whatever you did for the least of these [criminals], you did for me." -- Donald Jesus Trump
After all, Donald actually is the son of Christ 😜
'Those who can make you believe absurdities can make you commit atrocities.' Voltaire
'A patriot must always be ready to defend his country against his government.' Edward Abbey
Kingdragonfly
I see you are an optomist.
The world desperately needs optomists especailly now. :-)
On Trump and the law.
GOP utter loyalty has made Trump the law, and his Judges have given him absolute immunity.
South Korea 'eventually' did what USA cannot.
Their GOP equivalent tried very hard to give it a pass despite not having a majority.
South Korean security forces ignoring orders to use guns/any means necessary the circuit breaker.
It could have been a bloodbath, then the extrajudicial arrests, torture, imprisonment.
USA I'm not so sure, bring in a loyal unit from the south with Presidential orders to shoot first.
Can't see China backing down.
If dear leader demands austerity CCP can enforce and not brook any protest.
However National Pride will also provide real support and unify population.
Other guy can play the Nationalism card too.
😉
- NET: FTTH, OPNsense, 10G backbone, GWN APs, ipPBX
- SRV: 12 RU HA server cluster, 0.1 PB storage on premise
- IoT: thread, zigbee, tasmota, BidCoS, LoRa, WX suite, IR
- 3D: two 3D printers, 3D scanner, CNC router, laser cutter
kingdragonfly: The Smoot-Hawley Tariff was signed into law by President Hoover in June 1930.
It raised tariffs on over 20,000 imported goods. It was the highest tariff in U.S. history at the time.
Well to play Devil's advocate, most historians and economists agree:
The Smoot-Hawley didn’t cause the 1930's Depression, but it made it worse, especially by deepening the global trade collapse.
There was also the McKinley Tariff of 1890 which contributed significantly to the 1890s US depression. And before that there were the 1830s tariffs leading to the 1830s depression.
So this tactic has already failed spectacularly every time it was tried in the past. But President Musk's child geniuses and VP Trump will never have heard of any of those.
kingdragonfly: Maybe the Supreme Court will stop tariffs before all this happen
The EU is prepared for the US kamikaze plane. No inferior US steaks and Idaho chlorine chicken!
- NET: FTTH, OPNsense, 10G backbone, GWN APs, ipPBX
- SRV: 12 RU HA server cluster, 0.1 PB storage on premise
- IoT: thread, zigbee, tasmota, BidCoS, LoRa, WX suite, IR
- 3D: two 3D printers, 3D scanner, CNC router, laser cutter
ezbee:
Can't see China backing down.
There were posts on Sina Weibo during the first Trump presidency with statements like "we will eat grass before we let Trump win a trade war". And they will, while the MAGA-hatters cry when their espressos get a bit more expensive.
You also need to understand the importance of not wanting to lose face for China (and other Asian countries), which Trump obviously has no idea about it. Publicly thumbing your nose at them is not just a trade issue but a national insult, and they're going to respond hard to that no matter what.
Washington Post: Inside President Trump’s whirlwind decision to upend global trade
“He’s at the peak of just not giving a f--- anymore,” said a White House official with knowledge of Trump’s thinking. “Bad news stories? Doesn’t give a f---. He’s going to do what he’s going to do”
Trump won in November because many voters saw him as an antidote to their economic malaise; as a candidate, he frequently promised to lower Americans’ everyday prices. But as president, he has chosen instead to plunge the country into fresh financial chaos, while insisting the market losses as a result of his tariffs are “medicine” Americans need to take.
“Trump was elected in part to lower inflation and juice the economy,” said GOP pollster Whit Ayres. “Higher prices and slower growth are exactly the opposite of what Americans voted for.”
Far, far, far too late for buyer's remorse now - in fact I seem to recall the orange buffoon gave a pretty clear steer before the election that implementing tariffs was exactly what he was going to do if he won, and he did. As I said before, America, you made your bed, you can lie in it!
104% tariff now on China. Good luck shopping at Walmart, Best Buy, Home Depot etc
|
![]() ![]() ![]() ![]() |