Economists, is this trade balance analysis correct?
Economists, is this trade balance analysis correct?
41 comments
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"Biden did it"
-Conservatives, probably
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Meanwhile, in the Kremlin...
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Not probably. It's their point. Like, for real.
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Holy shit what a load of crap, published on your official government website no less. Anyone with half a brain can clearly see this is utter bullshit, but I'm sure the magats drink this up..
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Yayyyyy cheaper stoves, exactly what American people needed
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literal state propaganda
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First: consolidate the military so they won't rise against you and so you can use them as your internal police force.
Second: tumble the economy causing fear and uncertainty in the population. It won't affect the leaders - only the lower classes. The military will be used to keep order.
(the first two entries in "how to topple governments" by vlad putin)
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You also need to do some inside jobs to unit against the outside enemy. And be sure to be very incompetent and say that those other bombs were just tests.
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I mean the logical explanation is that companies are filling up their warehouses as much as possible before the tarrifs hit. It's not like the US has suddenly tripled the amount of foreign goods it buys.
*Edit: weird typo.
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I listened to that explanation and it made a lot of sense, yeah.
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"Trade wars are easy to win!" - some jackass
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๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ
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Part of it was a massive influx of gold and copper imported in Q1.
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"it's just an adaptation period!"
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just beautifull
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I will rejoice the day I read his obituary. Fuck this stupid fat arrogant ignorant lying grifter who makes the human race look stupider by merely being allowed a moment to speak his lies. My country will be ashamed for the rest of its short life if we make it long enough for the maga morons to die off.
The apprentice fucking sucked as a show. People literally only liked it because he was a stupid asshole on it. I'm barely okay with a show like that existing, let alone its essence dominating billions of lives in a terrible way.
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The Apprentice is the only thing he did that ever actually made money. All his other "businesses," he grifted into bankruptcy.
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Because it wasn't his business. He was a paid 'actor'. It was as real as other reality TV. Unfortunately, he believed it to be true and his confidence inspired confidence. Hence the term.
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Seriously. I'd be ashamed of being a Trump supporter and show my face in public. So embarrassing.
And even more so now that it's pretty clear that he's barely sentient and Musk is the actual poorly hidden shadow president.
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Yep. The only excuse they had was "economy" which he is fucking royally.
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And people thought Trump would be good for the economy ๐คฆโโ๏ธ
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It's so weird how too many still think he has some kind of plan that will benefit the country.
At this point it looks to me as if trump is actually a saboteur and as soon as he has done as much damage as possible to USA and nato and all others he can he will flee to Russia
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No one with a firing neuron did. Anyone who said that couldn't have come close to winning an argument with a person whose brain works and knows the first fucking thing about economics. And the bar was low. You just needed to understand that costs get passed on to the end consumer.
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winning is a perspective. they think they won arguments all the time.
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Why we throwing shade on fat legs?
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My first thought was โhey now, this seems a little unfair to bimbos.โ
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thick thighs save lives
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I think just given the crowd that tends to visit a trump casino, it could be seen as a poor business decision? I mean... underage kids don't tend to have fat legs.... so....
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So they don't get sunburned?! - obviously...
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Why must it be balanced?
Americans import more than we export. They use the word "deficit" to make it scary.
These other countries would prefer having our money and financial instruments rather than the actual goods and services they are providing to us.
They are giving us actual things for the money the fed creates ex nihilo.
This is not the same thing as pointing out we should have local manufacturing and reduce reliance on global supply chains.
I'm not defending the Orange Doofus, just tired of seeing these debates being fought through the wrong lens.
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A trade deficit is not, itself, a problem. That is the mainstream thinking in economics.
But Trump himself has railed against the US trade deficit, so it is meaningful to point out that he is making it larger.
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We sell you items for euros. You give us USD for our euros. You spend the euros on what we produce.
We use your USDs to buy your companies.
Your population continues to buy our production..
Cycle continues
That's how China is buying stakes everywhere
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A trade deficit puts downward pressure on the value of the currency relative to the currencies of the trading partners.
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Bound to happen when you voted in a man whoโs a convicted rapist, twice.
41 comments