

he will destroy the Republican Party’s electoral prospects for decades
That’s what they said about Nixon. Look at how that’s turned out.
he will destroy the Republican Party’s electoral prospects for decades
That’s what they said about Nixon. Look at how that’s turned out.
China has a much greater tolerance for pain than the US for a multitude of reasons. China is also in a position to bolster trading relationships with other nations since it has not gone scorched earth like the US.
The US holds disproportionate purchasing power for its size but it’s still has far less than 50% global purchasing power. China and most other countries will find other partners to trade with while the US isolates itself further.
The only reason the US holds 20% of global purchasing power is because of mutually beneficial relationships with other countries. Purchasing power will slowly erode over time if Trump continues on his current path.
The US is really overestimating its leverage here and, being a fairly overmiliatarilized nation, one can only hope it doesn’t turn to violence once things go south.
Trump wants to devalue US currency. He sees US dollar supremacy as why the US is not competitive in the export market and part of the reason why manufacturing has left the country.
Most countries take the US dollars they make on exports and stockpile them in US treasuries which keeps the dollars value high relative to other currencies.
Essentially he sees the high value of the US dollar and trade deficit as bubbles that will eventually burst and collapse the US economy. Which is an issue he thinks he can fix/prevent with tariffs.
What does retention mean in this context? File retention? Is there any way to integrate with Kodi or other media server like debrid services?
The interest rate isn’t fixed, the bond yield (in dollars) is fixed.
Its presented as a percentage interest rate which can be variable.
For example let’s say you have a $1000 bond that pays a $50 dollar yield at maturity. The rate would be 5% (50/1000).
If the market is flooded with bonds, their value would decrease due to increased supply. Now that bond may only be worth $900 but still pays a fixed yield of $50. The interest you get paid in this scenario is now 900/50 = 5.5%
This is great if you are a lender. When you buy bonds you are essentially lending money the government and now your yield will be higher.
But many ordinary people are more often in the position of borrower. The interest rate for mortgages, car loans etc. are based off of bond rates. So if that rates goes up, many major purchases become more expensive over time. Small businesses are also heavily impacted by increased borrowing costs.
Generally, higher bond rates represent decreased confidence in a government entity’s fiscal responsibility. When US federal bonds are sold off collectively, the rate goes up, signalling that investors have lost faith in the US government reliably paying back its debts.
Bonds offer fixed interest.
Let’s say a $50 bond offers $5 dollar yield at maturity (10%).
If those that currently own bonds sell en masse, the bond becomes less valuable (let’s say $40) but the yield is still $5.
Now the interest rate is 5/40 = 12.5%.
The 30 year treasury bond interest rate is closely tied to mortgage rates.
A higher bond interest rate makes it more expensive for businesses to borrow money.
If other countries sell off US bonds (which are purchased in US dollars), they flood the market with US dollars which ultimately diminishes the dollars value.
Trump and his ilk like to act like the US subsidizes many of its allies when that is very clearly an oversimplification. Many of the US’s allies own US debt (in the form of bonds) because the US is an extremely reliable borrower. If those countries decided the US is not reliable enough to lend money to anymore, it would be extremely problematic for the American economy.
Tl; Dr: Canada, Japan and the EU could twist American home buyers and businesses by the balls by selling off bonds and, if they took it far enough, even devalue the US dollar. America spends a shit ton of borrowed money from its allies and even China.
USA turning itself into Cuba.
It takes a next level pants on head stupid to do this to yourself unprompted.
Americans don’t just buy Chinese products from Shein and Temu. They buy those products from Walmart, Target, Amazon and essentially every major US retailer.
The US is speedrunning ending their empire on the current trajectory. The world needs to call their bluff to put them in their place.
Was the US. That mistake is being rectified.
They produce solid content, especially long form journalism but their subscription cost is fairly high.
Develop a public healthcare system and we’ll talk.
This is the type of reporting that feeds into Trumps hierarchical world view. Anything short of blindly agreeing with what he says is an affront, a ‘smackdown’ even.
Dude politely declined to address it. Which he shouldn’t given his position. Not news worthy.
Most civilized countries would respond to this situation by denying entry. Not throwing a person into your for profit detention system to make a quick buck.
At long last the world gets to see America’s true colors.
The vast majority of people either voted for Trump or didn’t vote at all. Americans chose this madness either through action or inaction. They should feel accountable for the forthcoming consequences. Democracy in action.
Glad to hear that. Any resources you’d recommend? It sounds like a very level headed way to see things.
An American with self awareness. So glad I left corporate shithole Reddit for this place.
Hopefully it gets to that point. More than half of the guns that enter Mexico and Canada are from the US. It’s about time America got called out for its cultural shortcoming of valuing gun rights more than its children.
He also used the conflict with the US to quietly get re-elected a few weeks ago. So he’s playing his political cards well even if he’s a dumbass.
New York is Trumps home state. Fuck em.
Generally any tariff over 50% eats into profit margins sufficiently to end trade altogether.
Any escalation in tariffs above that is essentially just a symbolic dick measuring contest. China is being the adult in this situation by not engaging.