Favorite team:Alabama 
Location:North Carolina
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Registered on:11/21/2008
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NOLA

High crime
Bad schools
Constant destructive weather events
Hot as hell most months
Primary industry is tourism

It's shocking the population isn't declining faster. Just wait now that FEMA isn't here to step in anymore
quote:

love for someone to explain to me how American's buying less trinkets from China is gonna make my life and the life of the average American Joe's life worse


Please explain what you call trinkets.

Also give us a list of everyday items you use

re: UPS to cut 20K jobs

Posted by UltimaParadox on 4/29/25 at 7:47 am
UPS reliant on shipping cheap shite from Amazon and temu. Hard to tell them apart these days since they basically sell the same stuff.
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Then it is time to reduce prices. Economics 101


Lowering price in the near term will bankrupt the farmers and price will go up pretty quickly as most of this stuff has high turnover rates. And farmers will stop growing unprofitable crops which will hit us down the road.

The time for a new group to establish is not insignificant.

Sounds like if you put in 6% they will put in 7%.

You do not have to put in the full 7% to get the full match.

IE

If you put in 3% = They put in 4%
If you put in 4% = They put in 5%
..
If you put in 6% = They put in 7%
If you put in 7% = They put in 7%
Dont think it will help Nike's stock much as they have been getting killed on margins for a long while now.

Competition has been eating them alive, margins have shrunk from 40% to barely over 10% over the last few years, this just compounds it further.

Dont see much upside here
With HHS cutting its budget by over 1/3rd a lot of that targets tax credits and subsidies which rural hospitals and health care centers rely on as they basically operate in the red without the fed gov.
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The stronger dollar


The dollar just hit a 3 year low a week or so ago
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If we are not exporting our corn, wheat, rice, and other agricultural goods, wouldn’t that make them cheaper domestically?


Unlikely as they will likely dump the product on under developed countries to avoid saturating key markets and destroying what little profit they have.

Then they will configure to gross less, in the next cycle.

quote:

Also, how much in subsidies do agricultural businesses depend on?


This is the type of situation where the govt generally bails them out as they grow less
Rural areas getting hit hard with the trade war, and the cut back of health services
Between this and the unwinding of FEMA, relying on states to foot the bill. Louisiana is going to have an interesting future
I don't think it's limited to Hispanic kids.. Everyone is fat in the south
Asian men are not encouraged to play golf. They are encouraged to become doctors and engineers.
No tariffs increase, great deal.
With both countries now walking tariffs back, seems like things will settle for a bit
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Lutnick said Sunday, that those are moving to a new tariff to be announced in May


They said that last week. Yet they rolled them back.

Just like China is doing here. Stuff critical to our country
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The only one dropping tariffs so far is China


Last week Trump exempted things like semiconductors and smart phones from the 125% tariffs