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Started By
Message
re: Economy "Falling of a Cliff"
Posted on 12/16/24 at 7:30 am to ReauxlTide222
Posted on 12/16/24 at 7:30 am to ReauxlTide222
quote:
the more I think your post is ridiculous, pointless, and dumb af.
Its a recurring theme with cucker
Dudes just a very low iq poster
0
Posted on 12/16/24 at 7:30 am to ReauxlTide222
quote:
The more I try to respond to your post, the more I think your post is ridiculous, pointless, and dumb af.
If you understood that tariffs were inflationary, you wouldnt be struggling.
Posted on 12/16/24 at 7:31 am to RogerTheShrubber
quote:
Tell you what Bubba. Explain to me how Joe Bidens tariffs have helped you personally.
Shocking that you surrendered
Posted on 12/16/24 at 7:33 am to SDVTiger
Do you? Been waiting for your sage observations. At least the Shrub backs up his observations. You come out with 3rd rate attempted insults. So tell us Cap, where we are wrong on tariffs?
Posted on 12/16/24 at 7:33 am to RogerTheShrubber
quote:You and I might be talking about completely different things.
If you understood that tariffs were inflationary, you wouldnt be struggling.
I haven’t mentioned tariffs.
ETA: Do you know where I can get a good explanation of them, their goal, and their affects so far?
This post was edited on 12/16/24 at 7:39 am
Posted on 12/16/24 at 7:40 am to John Barron
Almost anyone could have told you that all the government numbers were absolute garbage and constantly revised, and the second an R got in the White House they would pull the plug. Even if the economy improves (which it will), they will try to report 'pain and negativity' as much as possible. Articles will go from "Why paying $4 a gallon for gas if good for you" to "How $4 gas is wiping out middle America".
Posted on 12/16/24 at 7:47 am to ReauxlTide222
quote:
: Do you know where I can get a good explanation of them, their goal, and their affects so far?
Read up on what all the "right wing" hayekian economists think about tariffs. That is a start.
This post was edited on 12/16/24 at 7:56 am
Posted on 12/16/24 at 7:48 am to wareagle7298
quote:
Almost anyone could have told you that all the government numbers were absolute garbage and constantly revised, and the second an R got in the White House they would pull the plug.
That's not what's happening.
The DEMs aren't "pulling the plug" as much as a non-DEM won't rely on government jobs to fill these reports (which is a good thing).
This isn't some planned event by a mysterious group. This has been building for 15 years and we just plugged holes with printing/borrowing (yes Trump, too, in his first 3 years). Covid spending (by both Trump and Biden) printed so much money that we can't go back to that well due to the inflationary effects. So stagflation is a real potential outcome.
The secondary problem is that in private life/industry, there is a similar debt bomb going off. Again, this isn't some DEM master plan and is just human behavior on a large scale. People who overpaid for things like cars and houses who want to pretend that was a good price have supplemented their SOL with consumer credit since Covid. That has created a debt-fueled false economy the same as public debt expansion.
We could float this private debtload as long as unemployment remained low (why Biden' admin targeted it so much). However, it's a ticking time bomb once unemployment rises and people can't afford to pay their debts. When the equilibrium on things like housing comes (prices start finally decreasing due to selling to get equity or having to move for jobs), it's going to get nasty, quickly. The RE industry has tried to prop up fraudulent MLS listings for a couple years now with off book reductions in price (like sellers offering seller-paid points or giving allowances for closing costs), but if unemployment does increase they won't be able to stop it.
Posted on 12/16/24 at 7:48 am to John Barron
quote:no its not. go to a major airport and let me know how broke everyone is.
Economy "Falling of a Cliff"
Posted on 12/16/24 at 7:49 am to ReauxlTide222
quote:
ETA: Do you know where I can get a good explanation of them, their goal, and their affects so far?
Tracking Trumps tariffs
Trump vs Friedman
One of my favorites..
Tariffs rarely work, but this one might...
It didnt. China upped their game and they own the worlds EV market now. Their EVs are more advanced, built as well and cost 20-30% less.
This post was edited on 12/16/24 at 7:53 am
Posted on 12/16/24 at 7:51 am to evil cockroach
quote:
no its not. go to a major airport and let me know how broke everyone is.
Posted on 12/16/24 at 7:56 am to RogerTheShrubber
quote:
China upped their game and they own the worlds EV market now. Their EVs are more advanced, built as well and cost 20-30% less.
Yet not a single person outside of Chyna drives one
Posted on 12/16/24 at 7:56 am to evil cockroach
quote:
Economy "Falling of a Cliff"
no its not. go to a major airport and let me know how broke everyone is.
Credit card debt at record highs.
Posted on 12/16/24 at 8:04 am to SDVTiger
quote:
Yet not a single person outside of Chyna drives one
Replyreplies0Jump to Post...
Youre just fricking stupid. Our own protectionism put us behind the chinese.
quote:
The EV leader is already taking market share in key markets like Thailand, Brazil, and Columbia. Recent launches in Mexico, India, Australia, Indonesia, and Europe will also likely drive sales this year.
How did China come to dominate the EV market?
quote:
China, the world's largest car market, is now a major automobile producer and exporter as well.
The Asian giant's EV edge is thanks to its push for clean energy technology, including in the transportation sector.
"Having recognized the potential of electric vehicles 15 years ago, China has since invested vast resources in building a competitive electric vehicle ecosystem," said Allianz in its report.
Chinese EV makers hold a competitive edge in "nearly all aspects" of the battery electric vehicle value chain, per Allianz.
quote:
Chinese electric vehicles, or EVs, are already being exported to Europe — the continent saw total EV sales reach a record 4.4 million units in 2022, accounting for nearly half of all new vehicle registrations in 2022, German financial services firm Allianz wrote in a May 9 report.
quote:
Data from the China Passenger Car Association, posted on the Chinese social media platform WeChat, indicates that China's EV market accounted for a whopping 76% of global EV sales in October.
Posted on 12/16/24 at 8:05 am to John Barron
It is an article of faith with the Democrat white lady class that only very narrow parts of the economy are hurting. They have been fed this, they believe it, they don’t generally work in business, and they don’t really care anyway. Meanwhile working Americans get deeper and deeper in the hole and have lost their purchasing power .
Posted on 12/16/24 at 8:06 am to RogerTheShrubber
quote:Friedman alluded to the fact that Japan saved a significant amount of their revenues when compared to us.
One of my favorites..
Japan had a trade surplus, and invested in the U.S. All well and good I suppose.
Is China doing something comparable now? Are tariffs on China keeping them from investing in the U.S.?
Posted on 12/16/24 at 8:08 am to RogerTheShrubber
Of course you believe that
Cant wait to see BYDs dominating Mex city. Oh wait that wont be happening
Cant wait to see BYDs dominating Mex city. Oh wait that wont be happening
Posted on 12/16/24 at 8:08 am to SlowFlowPro
quote:
If Trump does this, he will be associated with these worse numbers The only place this will resonate as a Trump win is within the echo chamber.
Not if he’s in front of the narrative
And make no mistake, there’s plenty to “point out”
Posted on 12/16/24 at 8:09 am to ReauxlTide222
quote:
Is China doing something comparable now? Are tariffs on China keeping them from investing in the U.S.?
US mfgs are falling behind due to protectionism. China is the industry innovator.
They sell pretty much everywhere but here. BYD is building a plant in Mexico, and they'll own that market.
We are losing the global war because we try way too hard to protect American corporations.
Posted on 12/16/24 at 8:10 am to SDVTiger
quote:
Of course you believe that
Youre unbelievably stupid. A true marvel.
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