"farscythe - makin da cawfee!" (farscythe)
06/15/2018 at 05:58 • Filed to: None
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"farscythe - makin da cawfee!" (farscythe)
06/15/2018 at 05:58 • Filed to: None | 0
| 7 |
buffer safety car
looks like operation lets lose a load of jobs and possibly tank the economy again is still a go
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bbc article doesnt mention it but dutch news saying the us plans to add tarrifs to amongst others aerospace and machine industry parts and medicine.
china in return will add beef and pork to the soybeans they already added a tarrif on... further hurting the farmers
smart move would be to knock this shit off... but i guess cooler heads all went missing
(eta).. work calls... so sorry if any replies take about 8 hours (assuming there is anything i need to reply to... whole trade war thing is just so stupid i had to get it off me chest sorry bout that)
Hoccy
> farscythe - makin da cawfee!
06/15/2018 at 07:14 |
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International trading over such long distances is bad for the environment anyways. Too bad that we’re painted ourselves into a corner, with the world economy being so dependent on it. I can really understand the protectionism, but when the industries are built for a low-standard production aimed at export it will hurt for a while. Any benefits will probably only be visible with a longer perspective.
BigBlock440
> farscythe - makin da cawfee!
06/15/2018 at 07:29 |
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china in return will add beef and pork to the soybeans they already added a tarrif on... further hurting the farmers
How so? They already took that hit, their sales to China aren’t going to go much lower. But I think China backpedaled on them after the initial spat anyway.
PatBateman
> farscythe - makin da cawfee!
06/15/2018 at 09:15 |
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Just looking at numbers: the economy is going strong, unemployment is incredibly low, the Fed is increasing interest rates, and some financial analysts believe that the US’ economy will be doing better than most other countries in the near and midterm future.
I’m not worried about some limited tariffs.
Wheelerguy
> PatBateman
06/15/2018 at 10:07 |
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True, but I can see how some people might not want to take this bullet. Then again, in the grand scheme of things, sacrifices need to be made.
Or all that could be bullshit and we’re all fucked.
fintail
> farscythe - makin da cawfee!
06/15/2018 at 10:08 |
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Just because trade wars and tariffs have zero legit instances of helping people in the entire realm of economic history doesn’t mean it won’t be different this time!
45 is in cahoots with this specific country though, this is all smoke and mirrors to distract from questionable dealings (ZTE, Jared hawking pay for play residency) and Russia.
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farscythe - makin da cawfee!
> BigBlock440
06/15/2018 at 16:06 |
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beef n pork are new hits.. tho tbh if this whole thing stays relatively short term they’ll probably be fine... if it drags on for years im not so sure
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farscythe - makin da cawfee!
> PatBateman
06/15/2018 at 16:11 |
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welp.. you might be right.. im a little more pessimistic.. but i guess it all depends on how long they decide to keep tradewarring
itll be the working class that feels it first