Expatriotic on Nostr: So ignorant... ...
So ignorant...
Ideologically speaking, in a vacuum, assuming tariffs are a perfect sphere and that there is no friction, I think tariffs are bad.
But... ⤵️
The US is capable of making so many things in-house.
The inability to do so is a security risk. Especially for chips for military weapons...
Also competing countries like Japan in the 80s and 90s tech and car boom and China today give their public companies a leg up. Taking advantage of the "global" free trade policy of the US... All so people can buy cheap shit from Wal-Mart...
So while you're celebrating all the cheap non-tariffed goods you got, you also ain't got one of those, what's it called,,? Jobs...
People here ain't never left America and suddenly became tariff experts in 1 month.
I moved to Indonesia 10 years ago and guess what, most cars that people buy are domestically produced. Even if the brand is foreign.
Why?
Because there's a 100% luxury tax on imported cars.
Why?
CUZ THEY ARE A MANUFACTURING POWERHOUSE THAT CAN MAKE THE DAMN FORD OR HONDA OR TOYOTA locally, and so guess what, they do!
I've been to an import grocery store and saw a $0.35 coke next to a $3 Dr pepper.
Why?
Cuz Coke done moved a damn factory to Indonesia and made soda in-house.
Come on people this ain't rocket science... People aren't gonna die if they can't buy imported shit anymore...
Market's adjust.
quoting nevent1q…v6vhAs much as I like trump tarifs are not a good thing. This is exactly the oposite of free market
Ideologically speaking, in a vacuum, assuming tariffs are a perfect sphere and that there is no friction, I think tariffs are bad.
But... ⤵️
The US is capable of making so many things in-house.
The inability to do so is a security risk. Especially for chips for military weapons...
Also competing countries like Japan in the 80s and 90s tech and car boom and China today give their public companies a leg up. Taking advantage of the "global" free trade policy of the US... All so people can buy cheap shit from Wal-Mart...
So while you're celebrating all the cheap non-tariffed goods you got, you also ain't got one of those, what's it called,,? Jobs...
People here ain't never left America and suddenly became tariff experts in 1 month.
I moved to Indonesia 10 years ago and guess what, most cars that people buy are domestically produced. Even if the brand is foreign.
Why?
Because there's a 100% luxury tax on imported cars.
Why?
CUZ THEY ARE A MANUFACTURING POWERHOUSE THAT CAN MAKE THE DAMN FORD OR HONDA OR TOYOTA locally, and so guess what, they do!
I've been to an import grocery store and saw a $0.35 coke next to a $3 Dr pepper.
Why?
Cuz Coke done moved a damn factory to Indonesia and made soda in-house.
Come on people this ain't rocket science... People aren't gonna die if they can't buy imported shit anymore...
Market's adjust.