President Trump

ChicagoBlue said:
The funny thing about Trump is that he knows so little about economics, he advocates for both sides of the same coin, because he has no idea you can’t have both sides at once!

High dollar, onshoring business! Yea!

But, if you’re a multinational manufacturing in America for export, you’ve just raised the price of your goods in overseas local currency…and it won’t matter what the tariff is, it’ll probably be cheaper to buy foreign and pay the tariff than buy American with an inflated dollar!

And, America CANNOT EVER allow the dollar to NOT be the default global currency. If that ever happened, the need for dollars would immediately diminish, dollars would be sold rapidly, the value would drop precipitously, interest rates would rise dramatically to attract any buyers still in the market and the Economy would circle the toilet drain before bedtime!

But it would make whatever American goods were in stock much cheaper to buy!!
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Welcome to the Great Depression (version 2.0 Trump)
 
roman totale said:
He doesn’t want to invade Canada personally. In fact, all his wants to do is sit on his fat arse on his gold-plated bog and play golf. He wants everyone else to do any actual work.
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I don't play golf but I'd like to see the governing body ruling on playing whilst sat on a toilet be it gold plated or not lol? Would he have to have kecks up or down?
 
Elbow beards said:
I think the argument is, people have budgets. Some people can afford 1 grand phones, a lot if people can only afford 200 dollar phones, if them 200 dollar phone suddenly become 250 dollar phones, alot of people just can't buy them.
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So, just like every other consumer product in the world, then?
 
BTH said:
Congratulations on what is almost certainly the most sanctimonious post I've ever read on BM. Phone bragging really isn't a good look.
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If you think that’s what it is, then I can’t help you!

Who brags about having a consumer product that millions of other people also have???

It was an argument over something else, and then became an assertion of pricing and facts…not ownership of a pocket computer!
 
Trevor Morley's Tache said:
Never really got the expensive phone thing, and certainly not Apple. Having said that my 3-year-old $200 Galaxy A22 crapped out this morning and is now randomly turning itself off. Either a factory reset or a new phone.

Oh well.
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I agree. I never said what I upgraded FROM, but when it’s a free upgrade, and the only thing you have to do is keep the same mobile service provider (which was a no brainer), to get 4 of them (one for each family member…

And, I even said I got a company discount!

People got wrapped up on price, when the issue was not about what the price was, but what you pay for it and whether it’s going to be affected by tariffs and so on and so forth.

So many “alternative facts,” I had to give a specific example with which I was intimately familiar to illustrate the nonsense being said…but now that’s me being sanctimonious for owning something millions of people have, even though I didn’t pay for it!!???

YCMIU!
 
TinFoilHat said:
That needs topping up with piss.
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It'll be touch and go whether I press the Post Reply button ... it seems a bit irreverent (and irrelevant) when the whole future of mankind will be resting on the price of smartphones, but ...

I wouldn't piss on his head if it was on fire.
 
Blue Maverick said:
That’s the bloody point, if the tariffs rise it’s only going to get worse, that leads to inflation, loss of jobs, recession etc.
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And MY POINT was twofold:

1) Apple has moved much of its production to India to avoid China tariffs

2) Their iPhones are a hardware product that has to be tethered to a software product (phone service). That phone service plays a big part in the consumer cost of the hardware, such that “retail prices” are rarely paid in the USA, and any tariff attached to it is thus negated elsewhere than at the consumer level…and thus DOES NOT show up as an inflationary event.

There are many, many things that would, especially industrial raw materials or pre-finished components of a U.S. assembled product. These are the areas that will feel pain from tariffs, esp considering these industries, unlike chips, have not been targeted for aggressively subsidized U.S. manufacturing in new plants.
 
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