- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
1
Posted on 4/8/25 at 11:50 am to NC_Tigah
quote:"We're going to have the best economy that's ever been. It's going to be 'yuge".
What has Trump said regarding the economy?
IOW: "Hope and change".
Posted on 4/8/25 at 11:51 am to NC_Tigah
If Dalio's underlying premise is correct, then we're going to experience the post-Roman existence of Western Europe.
Deflation of the USD and devolution of our economy will tank the current global order. The reason why is there is no replacement for the US. Nothing even close to consider as a replacement. You'd have to have some weird conglomeration of direct enemies with competing interests (EU, Russia, China, Japan, SK, India) to even attempt it.
This will not be some post-British empire reset.
Also, China's debt:GDP ain't great.
quote:
There is immense pressure to correct these imbalances in some form, and this correction will significantly change the monetary order.
Deflation of the USD and devolution of our economy will tank the current global order. The reason why is there is no replacement for the US. Nothing even close to consider as a replacement. You'd have to have some weird conglomeration of direct enemies with competing interests (EU, Russia, China, Japan, SK, India) to even attempt it.
This will not be some post-British empire reset.
Also, China's debt:GDP ain't great.
Posted on 4/8/25 at 11:52 am to wdhalgren
quote:
Sorry, the poster you responded to seemed to be discussing tariffs. I
Sure, but his goal was so vague he included things like China becoming the world's sole hegemon.
The point, is that he didn't give a substantive answer. I was pointing out the absurdity of the vagueness.
Posted on 4/8/25 at 11:54 am to TenWheelsForJesus
quote:
China has spent years subsidizing their industries in order to flood our country with cheap goods in order to destroy our manufacturing. There entire purpose in doing this was to hurt our industries...China is intentionally destroying our manufacturing base...
Not really.
First of all, China absolutely does want to dominate wherever they can, but their primary purpose in subsidizing their industries has been to grow and develop their own economy. They're competing, sure, but the primary goal is to win, not to make us lose.
Secondly, this persistent narrative that all we get from China is "cheap goods" needs to go away. We get cheap goods, intermediately priced goods, and really expensive goods from China. It's the latter two that really hurt us being dependent upon them for, not the first one. Medicine, heavy construction equipment, factory equipment, steel, semiconductors, electronics, computers, plastics, etc.
The stuff that affects the cost of houses, cars, rent, health care, infrastructure, and the stuff that if we start making it over here again will cause those costs to rise substantially.
quote:
To China, you and all the "free market" fools are useful idiots.
O.k.
To Trump, I guess you're the useful idiot who somehow thinks $17 an hour manufacturing jobs are going to revolutionize America while stuff gets 20%-30% more expensive. Including stuff you can't do without.
Posted on 4/8/25 at 11:55 am to NC_Tigah
quote:He's has some others as well, you should probably digest. Dalio, like me, thinks the USD is doomed and we should plan for that. We should. It's inevitable. But tariffs would be one of the last things we should be doing to make that preparation.
Ray Dalio, who is no Trump fan, had some insights about the paradigm shift this morning. Here's a snippet:
Posted on 4/8/25 at 11:56 am to Flats
quote:
Then you must realize that your answer was pointless.
If WWIII had occurred, it didn't, the paradigm would have been reset ... horribly. It wasn't.
You were saying?
Posted on 4/8/25 at 11:56 am to CollegeFBRules
quote:
we are going to be the ones caught in the middle of all it.
Please elaborate.
Posted on 4/8/25 at 11:57 am to Taxing Authority
quote:Time will tell.
"We're going to have the best economy that's ever been. It's going to be 'yuge".
Posted on 4/8/25 at 11:57 am to SlowFlowPro
quote:
The question is, is China becoming the global hegemon a potential goal of "Resetting the economic paradigm."?
And the answer is yes.
It's hard to deny that without defining what type of "reset of the economic paradigm" we're talking about. As it pertains to China, I was trying to figure out how using tariffs to help reduce our trade deficit with China would be of assistance to China in becoming the global hegemon? And what is the metric for determining which country is the global hegemon?
This post was edited on 4/8/25 at 11:59 am
Posted on 4/8/25 at 11:58 am to SlowFlowPro
quote:It's a lot easier to manage when your currency doesn't float.
Also, China's debt:GDP ain't great.
Posted on 4/8/25 at 11:58 am to LSUnation78
quote:
China has been driving towards this for decades
Exactly. It was always coming.
It's amazing how so many Supply Chain professionals (i.e. people that know what the frick they're talking about) are standing with Trump. It's because we know we'd rather face this fire with a president that actually has a spine and America's best interests at heart rather than a pussy with a wet spaghetti noodle down their back looking for their next big payday like Barry or Joe.
This post was edited on 4/8/25 at 12:00 pm
Posted on 4/8/25 at 12:00 pm to CollegeFBRules
quote:
Trump started this
quote:
CollegeFBRules
Trump did NOT start this. The Chinese have been lying. Cheating and stealing for two decades at least. We are finally fighting back.
Posted on 4/8/25 at 12:01 pm to dickkellog
quote:
it's almost like you're stupid are something!
Buddy, I’m on your side on this, but if you’re going to call him stupid get your grammar right.
Posted on 4/8/25 at 12:01 pm to NC_Tigah
Dalio is correct. What's worrisome is that plenty of other people know this too, and they've remained silent for the last 15 years.
Posted on 4/8/25 at 12:02 pm to wackatimesthree
quote:Teh US is so close to fiscal dominance it won't take much to push us over the edge. Not sure why we're helping them, tho, unless someone wants to flip the currency.
The stuff that affects the cost of houses, cars, rent, health care, infrastructure, and the stuff that if we start making it over here again will cause those costs to rise substantially.
Posted on 4/8/25 at 12:03 pm to SlowFlowPro
quote:
The question is, is China becoming the global hegemon a potential goal of "Resetting the economic paradigm."?
And the answer is yes
No. That’s an absurdity.
Posted on 4/8/25 at 12:05 pm to wdhalgren
quote:Many haven't. People just don't want to hear it. It's common to dismiss something just because its so horrible to think about. Also, many have the "It can't happen here" attitude.
Dalio is correct. What's worrisome is that plenty of other people know this too, and they've remained silent for the last 15 years.
And look what has happened to anyone speaking out about it.. Anyone suggesting that maybe, we shouldn't be running up these defictis and debt, gets threated of being primaried by both parties.
Profligate spending is popular. "We" are the problem.
This post was edited on 4/8/25 at 12:07 pm
Posted on 4/8/25 at 12:07 pm to Penrod
quote:Witness:
Also, many have the "It can't happen here" attitude.
quote:
No. That’s an absurdity.
Posted on 4/8/25 at 12:10 pm to CollegeFBRules
quote:
Trump started this, what did he expect China to do? Say sorry? This shite is going to get ugly, and we are going to be the ones caught in the middle of all it.
Put your tampon in and stop bleeding all over the board you pussy.
Page 8 of 12
Popular
Back to top
Follow TigerDroppings for LSU Football News