President Trump

TonyM said:
I guess the hope is that the US economy is pretty much self sufficient with most raw materials being produced within the country or within the places it uses it's military power to seize.

But with other countries having to purchase US goods because they would not be able to survive with out doing so.

Like say Canada having lots of oil and trees. If they were to sell those to Europe instead of the US then it'd be bad for the US so best to take them over.

But what about all the surplus goods made in the US? They can sell those to the world but at a premium because they have shiny stars and banners. Plus the rest of the world will be weak from dealing with wars that the US helps create.
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I’m not convinced, mainly because of the gap in labour costs between USA and elsewhere. Can USA really become self sufficient?
Even if it’s possible, I think ‘long term’ means years and years and years. In that time trade patterns outside USA may have changed drastically. Aren’t Canada doing a deal with India on oil? It would make sense for India to reduce its reliance on a wobbly Russia and it would have a detrimental effect on USA.
 
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KS55 said:
I’m not convinced, mainly because of the gap in labour costs between USA and elsewhere. Can USA really become self sufficient?
Even if it’s possible, I think ‘long term’ means years and years and years. In that time trade patterns outside USA may have changed drastically. Aren’t Canada doing a deal with India on oil? It would make sense for India to reduce its reliance on a wobbly Russia.
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It's a stupid policy. Take Nike as an example.

The stock value got destroyed yesterday.

Nike makes money for America by being the global head office of a mega brand. All the high paid jobs are in the US. The manufacturing is 100% outsourced to where its at least 10x cheaper than a US factory would be.

Do Americans want jobs sewing t shirts or making trainers? Those jobs pay poverty wages in the US. The answer is no.

What will happen, companies like Nike will just suffer. Their business model doesn't work with these tariffs. And so it's more likely that there are cuts to the high paying jobs than there will be an explosion of low paid jobs. The low paid jobs are just way too low. Trump does not understand low paid jobs. He thinks a job is a job.
 
KS55 said:
I’m not convinced, mainly because of the gap in labour costs between USA and elsewhere. Can USA really become self sufficient?
Even if it’s possible, I think ‘long term’ means years and years and years. In that time trade patterns outside USA may have changed drastically. Aren’t Canada doing a deal with India on oil? It would make sense for India to reduce its reliance on a wobbly Russia.
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A modern capitalist country could never go full self sufficient,purely because people want the latest shiny thing. If Americans want a PlayStation, Lamborghini, Scotch whisky or French perfume no amount of 'well we've got our own version from the good old US of A' will suffice.
If you go down the isolation route you end up like the communist bloc with trabants.
 
FogBlueInSanFran said:
When I see a guy I know who has an engineering degree and way more money than I do acting like and saying that he’s put upon by “libtards” and posts three times a day on FB not about his wonderful kids or the heliski trips he can afford but about how “Cameltoe and Sleepy Joe” are still destroying America . . . I know the biggest problem isn’t how globalism has screwed the poor. There are millions like him.
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All the nutters and oddballs are on Facebook…
 
Some may remember the jokes during the Brexit negotiations about the 2086 visit where the UK Prime Minister travels to Brussels to ask for an extension, because it was tradition and no-one really knew why any more.

I'm imagining now that in 2028, Trump signs another 75 day waiver while the nearly-complete TikTok deal is pushed over the line.
 
noseve said:
You don't think that he and his cronies offloaded before the sh*t hit the fan, only to buy again later, at rock-bottom?
It's not a new idea.
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I KNEW that was happening and didn't have the cojones to do it myself
 
BlueAnorak said:
The other alternative is that Trump is a clueless cretin - but that amounts to being a Russian Asset so not much difference.
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Another suggestion of method behind the madness:

www.theguardian.com

The Guardian view on Donald Trump’s tariff ultimatum: tribute for access to America’s empire | Editorial

Editorial: As the White House retools US imperialism with import duties, others must resist dependency – deepening regional ties and reducing exposure to chokepoints
www.theguardian.com www.theguardian.com
 
Most Donald Trump voters won't be the MAGA lunatics you see online, they'll probably be cursing his name already or soon will be. If he carries on he won't see out the 4 years but I suspect it'll be job done by then anyway. All his mates have made a fucking fortune the last few days
 
inbetween said:
But from a voting perspective it clearly is worthy of importance. An anti-establishment, anti-globalist message is a hallmark of the populist right. That same message is spreading throughout Europe.

Why is Trump president for the 2nd time? Why did Brexit happen? Why is Reform currently leading the UK polls?

I don’t subscribe to the narrative that all of the above can be answered by stupidity alone. It would mean that 15-20m people are seemingly outright stupid in the UK.

That would be 70m+ in the US, over 1 in 5!
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50% of the population have below average intelligence. 20% must therefore be thick as mince. If someone can find a way of mobilising the moronic to vote for them that’s a substantial base of support. That’s what populist bullshit and lies spread by social media does.
 
KS55 said:
Don’t leave it there. Look at some of the data sets and learn. There are plenty of articles around about the current account.
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I’m good thanks. My interest waned at notional figures and used to inform policy - which is not a criticism as it is no doubt useful to to see where Brexit for example impacted on the European supply chains that the UK is embedded into and its simultaneous import/export figures.

Notional wasn’t a criticism either given the simplicity of the imports minus exports calculation in our interconnected world and the value of UK imports that are subsequently used in UK exports.
 
Alan Harper's Tash said:
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Always have seen Bush as a typical big mouthed chauvinist Yankee.

But the difference to Trump is evident:

Bush is talking about values. Based on logical thinking.

Trump only talks about money, never values. NEVER.
Being a person with a severe personality disorder - narcissism - it makes total sense that Trump only cares about his money and never about the benefit of any other being.
President my arse.
 
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