So whether he TACO out or not doesn’t really matter for the harm he is doing in the meantime.
The disruptions and chaos are the only the worst part of this because everyone knows he will back down. Otherwise Chinese trade embargo itself would be far worse. If he actually did this the stock market would crash instead of just a hiccup, and the entire economy wouldn’t be far behind. So it absolutely matters whether he chickens out or not.
China and everyone else I think knows that this is just another round of market manipulation. He will back down since 130 percent tariffs are effectively a trade embargo and the US is still not positioned to be able to do that without economic calamity.
So the question is when he will back down and how. I think the same trick will work. He will implement it, do a whole song and dance about how he super duper means it this time, do a few other things to tank the stock market, and then he and his insiders will make big buys before backing down on everything.
Cool now go ask an Estonian lol
You’re still describing Russia bruh.
He doesn’t have the balls to ask that question of Israel.
Not a direct answer and this video is out of date with current events, but the background on the current state of El Salvador is worth knowing: https://youtu.be/WtkI-QAgM6w
When you have government officials saying they want to default on the “risk free” bonds it undermines markets in a completely unprecedented way.
Shockingly stupid.
That last statement accurately describes the constituents of those government officials and large swathes if the American electorate. The fact that it’s politically viable to muse about these things is so fucking idiotic . So many Americans owe their safe and prosperous lives to things of which they are completely ignorant.
Private equity is salivating over the idea of running his carefully built brand into the groundmaximizing value extraction from steam.
The current meta here is that things like brand loyalty and reputation are not really worth preserving, and are only as good as whatever short-term gains you can squeeze out of them.
I wonder if someone with gif skills can make one of the final scene in that movie where Bond is standing there waiting for the missiles to hit and one missile is tariffs , another is the next pandemic, and another is a breakdown of the geopolitical world order.
I wish I had the skill but I don’t.
None of the supporters of this are going to read any of that.
The stuff you mentioned only matters if people know how to vote in their own best interest, and they don’t. All the Tesla protesters and the AOC crowds likely voted Democrat anyways. Nobody’s mind has changed.
I think that can start to change in the coming months. On April 2 Trump’s full tariffs are going into effect. There will be a retaliatory response from the whole world. But make no mistake. If the election were held again today Trump would still win.
The value of the weapons used exceeds the value of the buildings destroyed by at least one order of magnitude.
Trump literally doesn’t have the ability to shut the fuck up so not sure this is a real option.
Even if this plan succeeds, it’s not like the countries you just tariffed are just going to allow American exports into their markets. It will shrink the whole economy AND cause inflation at the same time. Economics fear this state for a reason.
the US president reconfirming his commitment to a comprehensive tariff regime he argues will be “the greatest thing we’ve ever done as a country”.
I will never understand how Americans developed a taste for his constant hyperbolic bullshit.
Really? Tariffs? Rehashing pre-WW1 economics theories is the greatest thing America has ever done? Greater than abolishing slavery? Greater than the civil rights act? Greater than the moon landings? Greater than the invention of the transistor?
Trump is at a point where nobody bats an eye to this. Trying to hold him accountable for literally anything he says is futile, and half the country things that quality is a good thing and they enable it.
Lol how do you think the aftermath of Pearl Harbour would have gone if someone like Trump was in power instead of FDR? He is the commander in chief. Nothing will happen.
It could potentially stop Americans from sleepwalking into the decline of their country, perhaps. Maybe even generate the political will to get rid of Trump. But none of that is even close to happening. The easy road off this path hasn’t been available since last November. The path out of this mess now necessary leads through suffering.
The stupidity that led him down that path still remains.
I used 2.2.1 well into the last decade. Every version after that was either pointless or full of some sort of malware.
Current reports say you’re right and they’re still on for next week.
If his intent is to cause chaos, he overdid it. It’s impossible to care at this point.
I mean this thread is about tech that was perfect from it’s inception to the point where it didn’t or barely improved. Nothing could be further from the truth, transistor tech has had literally trillions of dollars and millions of smart people’s careers poured into it, and semiconductor IC manufacturing is now the most complicated single activity that our species does.