WanderingThoughts

joined 5 days ago
[–] [email protected] 1 points 38 minutes ago

With these things, it's not a continuous collapse. It partially recovers, then falls down again a bit lower than before.

[–] [email protected] 3 points 42 minutes ago

It's why we have monuments everywhere, memorials and a few national holidays to reminds us.

[–] [email protected] 10 points 2 hours ago

Inviting his friends from Russia no doubt.

[–] [email protected] 17 points 6 hours ago

The rest of the world starts building a new world order and economic system, one that will be a lot less advantageous to the USA than the one they just trashed.

[–] [email protected] 6 points 6 hours ago

In points, but not in percentage. At least not yet. But it sure seems to want to measure up to all major crisis and leave its mark.

[–] [email protected] 4 points 8 hours ago

"He was just being hyperbolic." they told themselves.

Nope, turns out he was "saying it like it is" about what he was going to do and the "I don't care about you" was the truth.

[–] [email protected] 6 points 21 hours ago

And the way he's talking about annexing other countries and changes opinion and policy on a dime is not a good sign to step into whatever scheme he finally unveils.

[–] [email protected] 9 points 23 hours ago (1 children)

Rumour goes the idea is to force others to peg their currency to the dollar in fixed exchange rates so they can stay the reserve currency and still re-industrialize. Tariffs are used to force others into that arrangement. With how trustworthy USA has been the last few months, countries are not going to be enthousiast about this.

[–] [email protected] 32 points 1 day ago* (last edited 1 day ago) (2 children)

There is simple logic in it. Punish everyone, and then let them come to you asking for exemptions. Then he can demand things in exchange. After that it's "Pray I don't alter the deal any further."

UK already asked for an exemption and he said they should buy chlorinated chicken first. If every country responds in the same way and gives in he's making bank. If they respond with a boycott on anything American, especially digital services, things get bad.

[–] [email protected] 6 points 1 day ago* (last edited 1 day ago)

It's also the guy saying next year will be the year of the semi, roadster, colony on Mars, robotaxi and what not. Truth has a restraining order against Musk because of repeated violations.

[–] [email protected] 13 points 1 day ago

And that was the whole point of the tariffs.

[–] [email protected] 11 points 1 day ago

Then they'll still think it was a good idea, it just went wrong in the execution.

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