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immamac

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Everything posted by immamac

  1. We do import so much shit from China. It's not because it's cheaper there, it's because they have legitimately built their entire manufacturing capability off of EXTREMELY low wage and completely unregulated factories. We actually SHIP THE MATERIALS and SHIP THEM BACK and that's cheaper than just keeping it here, manufacturing it and distributing it here. I think a lot of people don't realize the damage that globalization has caused to the planet + to the facade of China doing anything other than being a horrific labor provider. China doesn't make margin on the finished good cost, they make money on the services they provide to put the good together. The reason a lot of things are just cheaper there is because they don't have the high cost of making sure factory workers don't die, they don't have to pay them shit, they can do whatever they want as long as they've aligned with the government etc. There isn't some magic technology that exists in china that makes them able to deliver labor or manufacturing cheaper. China exports some high value stuff and they've embargoed that (rare earth metals, etc) China isn't betting on Americans voting for trump again, they don't give a shit. This is like fumbling on the 1 yard line on 1st down, but not just any fumble, a fumble where the ball was snapped, the Quarterback ran backwards and is headed for the wrong endzone to fumble it on purpose and start doing a TD celebration while the offensive line and everyone else make sure the other team recovers the fumble in the endzone for a touchdown by screaming and yelling "it's over here it's over here" Europe, BRICS or Asia minus China. Europe has the best chance because they've already done the EU thing. None of that will happen though, what happens is we go back to a zero sum world where everyone's prosperity is determined solely by their own capability and resources, global trade as we know it will transform back to domestically centric trade. Listen to the PM of Singapore, that is what's going to happen, he's dead on what it means. holy fuck.
  2. Africa is wild how underutilized they are, same as South America.
  3. That's not at all what I was saying, I didn't say remove posts or restrict posts at all, also free speech very clearly does not apply to private companies and platforms. X and Facebook and Instagram and Tik Tok and Youtube are not in fact the public square, they are internet properties run by companies who have a responsibility to their users and their shareholders.
  4. It wouldn't be jail, it would be El Salvador Gulag
  5. I may just be really Mexican, but it's actually crazy how broken the "American" family is especially with the elderly. Some of it is entitlement, but some of it is just cultural nonsense. I don't really think it's feasible or even economically advantageous to have elderly people living on their own, not in a shared family situation. The whole sell your house to go into a nursing home vs live in your house with one of your kids and then they take it over has always been so fucking bizarre to me. I guess that's all to say that SSA enables this whole "independent elderly parent" thing and maybe that going away is going to put a burden on the family, but one that could possibly be shouldered by divesting or consolidating assets that already exist for the purpose of independence.
  6. While I understand the sentiment, I don't think this is the case as American IP is pretty strong and still mainly resides with US Based companies/entities. It was part of the design of manufacturing globally. Do we want to make stuff in the US? I think that may just be idiot talk - Do we want to decouple nearly entirely from China, because they have shown that they are actually what the Koreans, Japanese and rest of Asia have known for Millenia? Well, yeah. I want to reiterate that I think that it's impossible to understate how stupid American Economic Policy (yes, we know what it's driven by right now) is, but there are actually mechanisms in place that make it extremely difficult for the rest of the world to do what they need to do without the US and it's inventions. It's kinda like the Military industrial complex, No one is gonna buy from fucking china - now they may not buy from the US either because it's gotten squirrely, but their only other option is to develop in house and that takes WAR or decades to get back to par with what the US has to offer, and so the process of weaning off will take a while and be fairly painful.
  7. The entire premise of my posts was "what's China's play here" and everyone is responding like I'm saying the US play is incredible and so awesome lololol I'm asking wtf is China gonna do, how do we think this plays out and what moves do they have besides "nuh uh" Brisket is being productive to the conversation, in trying to frame it to have a productive conversation, not to dig in on a position. Lmao.
  8. Not the actual slaves... Please stop being pedantic, you know I'm referring to the terrible labor conditions, pay and oppression that the rest of the world gladly turns a blind eye to because "cheap t shirts, toys and iphones!"
  9. Powell does not give a fuck what trump thinks.
  10. This is a completely ridiculous take. Technology has far outstripped legislation and in its progress and speed of development. The fact that the US doesn't have strict data protections and mandatory disclaimers for sites that don't verify or certify information is actually insane. Social media isn't to blame, everyone has been lying since the beginning of time, the issue is that the promotion of these lies has become systemic and has no consequence or mechanism to debunk in a way that people are accustomed. These are all solvable problems with a functioning government, it's why the EU while not perfect has a significantly better handle on this. You can't just go online and say whatever the fuck you want with no consequences. You can print whatever the hell you want in print
  11. blanket retaliatory tariffs don't take a room full of PhD's to figure out. Xi is just as much a punk bitch as Trump, they are two megalomaniacs doing incredibly stupid shit - do not equate Xi to some fucking genius or put him on a pedestal. He's a complete political demon who doesn't really know jack shit about being a superpower and built China up on slave labor and IP theft.
  12. except that China has been erratic and insane for the entire time, people just dealt with it because it was literally "slaves over there". I'm not defending Trump or the US here, I'm saying I don't understand the play here, China isn't necessarily in a position of strength here and puffery for your own people only goes so far. While the air is coming out of the sails of the US because there's a massive amount of uncertainty and a loss of confidence in the stability, it's still a completely different level of fuckery in China.
  13. no they haven't, none of the tariffs against China have mattered at all except for shit like BYD/EV. It's all talking points to score points with the rubes. China has been doing what Trump is doing now for the better part of 20 years, blatantly stupid shit, they have a different position on "oligarchy" and do things like wipe out their billionaires so they don't turn into Elon Musk.
  14. I'm saying that is likely a bad play, if embargos happen and we tell the world to pick sides, I don't think people are gonna pick china even with trump the lunatic in charge. It would be a massive gamble that China would magically convert everyone who loathes doing business with them in a snap call. I've been sour on China and cheap Walmart shit for quite some time now, it was always going to end this way.
  15. Do you study much on what's going on there? I'm not sure negotiating in earnest is "capitulating", now if they just cave and give into whatever the fuck Trump tells them that's different. The China thing has been brewing for a while, it's not like trump just cranked the stove, China has been an issue that everyone has been kicking the can down the road on because it's basically state sanctioned slavery.
  16. I'm not sure that everyone's read on China's current position is correct. They are in fairly dire straights, probably even worse than the US from the debt crisis. It's why no one is saying the Yuan will replace the Dollar as the world's reserve currency, they are completely unstable right now. It's also telling that the only 2 countries that are escalating to crazy levels are between the US and China. I'm just trying to figure out the play here, the play can't be embargo each other.
  17. I'm not sure I understand China's play here, also are Taiwan and China regarded as the same for Tariffs? I thought the US treated them differently. The Singapore PM is a smart dude.
  18. This economy has nothing to do with the next election that is 17 fucking months away. Or the one that's 41 months away.
  19. Or you know, stop taking the bait and stick to the fucking thread topic which isn't dems fuck up everything and the economy is their fault.
  20. I have a person in Austin, same thing. Friday/Saturday delivery
  21. I can't tell if ojo is trolling or just a complete fucking idiot.
  22. It's easy to sell stuff/raise money when you just fucking lie about it. Elon Musk has overpromised and underdelivered throughout his entire career and he's always been in a position to capitalize based on hype - his early money came in the form of acquisitions when he was barely involved as anything other than a hype man (in paypal's case he was just the largest shareholder during acquisition as he was fired by the board for being a moron). Tesla he bought into and latched onto the "future" of EV, stock trades at an insane multiple and he funded it using clever tactics with government funding and public stock fundraising. Tesla was (and still may be) unprofitable to the point of insolvency without government subsidies, grants and assistance. SpaceX is more of the same, everything after that is just late stage the same thing.
  23. the ONE STOP SHOPPING stands out for the wombo combo tariff bypass thing, thanks for the context.
  24. I don't use twitter or truth, you can post it in this context it's primary source of info for the discussion.
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