I would laugh too if this wasn't going to be a major influence on US policy towards Ukraine in the coming months.
ZeroGravitas
joined 2 years ago
This way to dadjokes, sir.
The best thing you can be while on the road is predictable. Applies to everyone in traffic too.
Huh, I was spot on with martial arts 😂
I speak three languages and I can count in ten.
Not a hard guess, to be honest, lots of people pick up numbers from popular culture (Spanish songs are big on counting, but weirdly, German ones as well). And if you study an Eastern martial art, chances are you'll learn to count to ten in the corresponding language from your instructor.
Or I don't know, maybe my brain is weird and I'm collecting numbers, that's a non-zero possibility.
Did he pull Jerry Springer's blazer from the sacred stone or what?
Cunk on Rome.
Technically correct. If Ukraine folded to Russian aggression, there would be no war. Just Russian tanks peacefully visiting Europe like it was 1964.
Which is why I'll close with: Slava Ukraini!
PS: looking purely at impact of military investments (albeit in a foreign military) Joe Biden might be the American leader that managed to inflict the largest Russian military losses since the second World War, at the cost of practically 0 American lives.
Nobody "made" money here . Ask yourself: who was on the other side of the bet? Pension funds? Retail investors? Insurance companies?
This was a brazen act of highway robbery. There's a reason SEC is supposed to pursue insider trading. Once the trust in the system is lost, the whole thing folds like a wet deck of cards. Supposed to, but they won't do a damn thing about this.
You can't park this at the door of a single individual. This is systemic grift. Fuck the party of law and order.
I'll continue to BuyFromJapan this particular item, unless someone can testify that one of the above companies makes something akin to Feather blades.
I don't disagree with you in principle. But in practice, at 145%, I don't see how this wouldn't turn into an extremely disruptive event for the importing company.
Let's say, for the sake of argument, that the profit margin on Chinese product A is 150%. Even if, in theory, the whole tariff can be supported by the company, that would be very unlikely to happen, as the YOY results would kill its numbers, leading to lower guidance, falling share prices etc. The more likely scenario is that at least a part of that will be passed on downstream and will eventually lead to higher prices for the consumer.
There are probably US importers out there that got used to making like bandits on cheap Chinese imports topped off with huge profit margins, but how big would those have to be for the company to be able to absorb the impact? 300%? 500%? And even if they're able, the temptation of passing some of the cost downstream is going to be there. After all, they have the perfect excuse.
As for the Chinese e-commerce giants (AliBaba, Temu etc.) , they don't even bother, the full tariff costs are applied to the purchase for every US order. So let's not include those.
Now, I can see you have an above average understanding of economy. Do you disagree with the above? I have been arguing your points in good faith, I hope you'll offer me the same courtesy.