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LurkerJ said:
I have to point out that this "debacle" has been largely positive as it allowed American companies to diversify their supply chains out of China. These tariffs are the reason countries like India are stepping up their manufacturing game, allowing China to monopolize industrial production has been terrible for all countries, not just the USA. Why would you want to allow one country to withhold all the manufacturing power of our most used devices? That's a recipe for disaster, the whole world was willingly allowing Beijing to become their sole provider of their most used goods because of greed, something had to be done about it. It's good for the tariffs to continue and for other countries with cheap labor to step up so that the competition for manufacturing is resuscitated, and you can't just simply say "it would've happened anyway" because as far as most politicians are concerned, it was a non-issue to continue to concede to China because they wanted that sweet cheap access to their sweatshops. Make no mistake, China was hit by the trade war and it's not over, if they want tariffs to be lifted they have to make more concessions in Phase two, and time isn't on their side as other countries will slowly replicate their successful formula, which would be the best case scenario because competition is good. Not to mention, so far the consumers haven't been negatively affected by these tariffs despite the extreme and the continuous warnings issued by mainstream media outlets. So the longer phase two takes, the more diversified supply chains will become which is better for everyone. |
What I am trying to figure out is what exactly did this actually solve. Will this decrease the trade deficit which Trump touted as one of his main points. Does this solve China backing their companies and low balling products into the marketplace. This trade deal actually solves none of the things we went into the war for and it smells exactly like the deal made with North Korea where Trump was touting that one but end up being garbage. The only thing we really get out of this is that China will go back to buying soybeans another other commodities they already was buying from us. The fact that this deal was put on the table a long time ago by China and Trump turned it down multiple times only means he accepted it now because it election time. He needed a win which is basically nothing but he will sell it to you as if he climbed a mountain while he was just giving scraps from the table. This deal changes nothing between China and the US and it definitely doesn't change anything in how Chian operate.


I leave this thread for a while and come back and Eric is trying to make some of the most babbling garbage statements from Trump seem normal and ok. I have to give it to you Eric, there isn't to many people on this planet who are willing to tackle that job.
| LurkerJ said: I have to point out that this "debacle" has been largely positive as it allowed American companies to diversify their supply chains out of China. These tariffs are the reason countries like India are stepping up their manufacturing game, allowing China to monopolize industrial production has been terrible for all countries, not just the USA. Why would you want to allow one country to withhold all the manufacturing power of our most used devices? That's a recipe for disaster, the whole world was willingly allowing Beijing to become their sole provider of their most used goods because of greed, something had to be done about it. It's good for the tariffs to continue and for other countries with cheap labor to step up so that the competition for manufacturing is resuscitated, and you can't just simply say "it would've happened anyway" because as far as most politicians are concerned, it was a non-issue to continue to concede to China because they wanted that sweet cheap access to their sweatshops. Make no mistake, China was hit by the trade war and it's not over, if they want tariffs to be lifted they have to make more concessions in Phase two, and time isn't on their side as other countries will slowly replicate their successful formula, which would be the best case scenario because competition is good. Not to mention, so far the consumers haven't been negatively affected by these tariffs despite the extreme and the continuous warnings issued by mainstream media outlets. So the longer phase two takes, the more diversified supply chains will become which is better for everyone. |
Evidence that China was hurt by the trade war is not evidence that the US benefited. While global diversification would be a fairly small positive, it would not in any way make up for the real damage done to the American economy over the last several years (relative to how the economy could have been in the absence of the trade wars). That said, I struggle to find much evidence that there was actually much in the way of a global diversification.
This piece by the Hindustan Times examines in particular why India hasn't really benefited from the trade war, which largely goes against your assertion. It points out several key facts, including that the US/China trade volume wasn't greatly affected by the trade war. Beyond that, it points out that many countries simply don't have the infrastructure to handle this volume. The trade war is very uncertain. These changes would take years to make and many businesses don't really see the benefit in making a huge long term investment that may not even pay off until after the trade war has ended. A much better option would be to directly diversify by building bridges with diverse manufacturing sectors, not by burning the bridges that are in place.
Further, China wasn't the only country that Trump picked a fight with. Many other areas which may have picked up some of the slack were also targeted by the Trump administration (or threatened, which creates uncertainty and hampers investment). These areas include Canada, Mexico, the EU and...India. Yes, one of the reason that the Trump trade war didn't heavily benefit India is because Trump was also picking a fight with India.
And again, even if this diversification occurred, it would not negate the negative impacts of the trade war. Billions of dollars were spent on a bailout for farmers, with many losing significant portions of their crop due to the inability to sell, prices increased for consumers, American companies had to eat a lot of the costs, business investment has been severely hampered and US manufacturing was in a recession in 2019, with large manufactures blaming the trade war and these issues will continue to be a problem as long as these tariffs remain in place.
The strategy seems like it was far too scattershot. Positive effects were nullified by what seemed like a complete absence of any strategy or cooperation between countries...
the-pi-guy said:
>You've got and Englishman and a Chinaman arguing and neither speaks the other language.
I can read what Trump is saying in his answer above. That doesn't mean it follows any kind of logic structure. It doesn't mean he doesn't go off on tangents. >How much Musk history is available vs Trump history? You only need a few minutes of each to understand their intelligence or lack thereof. Musk has plenty of negative coverage. Trump has plenty of positive coverage if you go back far enough. Like usual, you're trying to argue through examples that you think are relevant, but they just show that you don't understand what issues are being brought up. Trump isn't speaking Chinese. He's speaking English. The problem is he's jumping from thought to thought mid-sentence. Here's his most famous example.
Doesn't finish his thought about having Nuclear, even though that could be made into a couple of paragraphs worth of sentences. He interjected that thought about how he has good genes because of his Uncle. And he interjects that thought with partisanship. Interjecting that thought with some very incomplete thoughts about his uncle. Interjecting again about how he has to give his credentials. Almost looks like he's returning to his thoughts about the nuclear, only to interject about the prisoners. This single sentence has like 40 different sentence fragments. |
https://www.youtube.com/watch?v=93B_LGWFD1Q
32:17
the-pi-guy said:
>You've got and Englishman and a Chinaman arguing and neither speaks the other language.
I can read what Trump is saying in his answer above. That doesn't mean it follows any kind of logic structure. It doesn't mean he doesn't go off on tangents. >How much Musk history is available vs Trump history? You only need a few minutes of each to understand their intelligence or lack thereof. Musk has plenty of negative coverage. Trump has plenty of positive coverage if you go back far enough. Like usual, you're trying to argue through examples that you think are relevant, but they just show that you don't understand what issues are being brought up. Trump isn't speaking Chinese. He's speaking English. The problem is he's jumping from thought to thought mid-sentence. Here's his most famous example.
Doesn't finish his thought about having Nuclear, even though that could be made into a couple of paragraphs worth of sentences. He interjected that thought about how he has good genes because of his Uncle. And he interjects that thought with partisanship. Interjecting that thought with some very incomplete thoughts about his uncle. Interjecting again about how he has to give his credentials. Almost looks like he's returning to his thoughts about the nuclear, only to interject about the prisoners. This single sentence has like 40 different sentence fragments. |
in·co·her·ent - 1. (of spoken or written language) expressed in an incomprehensible or confusing way; unclear.
PS1 - ! - We must build a console that can alert our enemies.
PS2 - @- We must build a console that offers online living room gaming.
PS3 - #- We must build a console that’s powerful, social, costs and does everything.
PS4 - $- We must build a console that’s affordable, charges for services, and pumps out exclusives.
PRO -%-We must build a console that's VR ready, checkerboard upscales, and sells but a fraction of the money printer.
PS5 - ^ -We must build a console that’s a generational cross product, with RT lighting, and price hiking.
PRO -&- We must build a console that Super Res upscales and continues the cost increases.
| Machiavellian said: I leave this thread for a while and come back and Eric is trying to make some of the most babbling garbage statements from Trump seem normal and ok. I have to give it to you Eric, there isn't to many people on this planet who are willing to tackle that job. |
Not to mention doing so with the lack of kind uplifting compliments like this, that are so very missed. Not everyone works for free, but someone's gotta do it.
PS1 - ! - We must build a console that can alert our enemies.
PS2 - @- We must build a console that offers online living room gaming.
PS3 - #- We must build a console that’s powerful, social, costs and does everything.
PS4 - $- We must build a console that’s affordable, charges for services, and pumps out exclusives.
PRO -%-We must build a console that's VR ready, checkerboard upscales, and sells but a fraction of the money printer.
PS5 - ^ -We must build a console that’s a generational cross product, with RT lighting, and price hiking.
PRO -&- We must build a console that Super Res upscales and continues the cost increases.
Runa216 said:
It's shocking how few people accept this fact as reality. I don't know a lot about Elon's ethics or morals, all I know is that he's clearly brilliant. And Dutch. And a billionaire. Listening to him talk, reading about what he says and does, and knowing his impact on the world, it's clear he's smart. He might not always have the most tact and he can sometimes go a little too far into theoretical possibility for the average person, but he's clearly a genius. With Trump it's like he doesn't know anything about anything but is convinced he knows everything and has somehow managed to convince people of this. He can't form a coherent sentence (Something most people learn to do before the age of 5), lies about everything, and is wrong about everything else. Yet, becuase he speaks with confidence and a lack of self-awareness, he has a devoted following. Confidence speaks louder than intelligence with his followers. At least Elon has an excuse. English is his second language and he speaks it volumes better than trump and has the brain to back it up. I genuinely do not know how anyone could possibly compare the two. |
Yeah that is sadly how people react on politics and i'm not only talking about trump's following.
Someone like Elon in the position that he is in is a rarity in this modern society,people like that are the new pioneers of humanity imo.