• 0 Posts
  • 28 Comments
Joined 6 days ago
cake
Cake day: March 31st, 2025

help-circle




  • A man is flying in a hot air balloon and realizes he is lost. He reduces height and spots a man down below. He lowers the balloon further and shouts: “Excuse me, can you help me? I promised my friend I would meet him half an hour ago, but I don’t know where I am.”

    The man below says: “Yes. You are in a hot air balloon, hovering approximately 30 feet above this field. You are between 40 and 42 degrees N. latitude, and between 58 and 60 degrees W. longitude.”

    “You must be an engineer,” says the balloonist.

    “I am,” replies the man. “How did you know?”

    “Well,” says the balloonist, "everything you have told me is technically correct, but I have no idea what to make of your information, and the fact is I am still lost.

    "The man below says, “You must be a manager.”

    “I am,” replies the balloonist, “but how did you know?”

    “Well,” says the man, “you don’t know where you are, or where you are going. You have made a promise which you have no idea how to keep, and you expect me to solve your problem. The fact is you are in the exact same position you were in before we met, but now it is somehow my fault.”


  • Companies are going to lay off loads of people and close any department that costs too much just to increase the stock price again. For investors stock price is everything and they don’t care much about consequences.

    USA stock market crashing means the dollar is getting less worth compared to other currencies, so anything imported gets more expensive in the USA, what is most items. Things getting more expensive means less people buying stuff, less economic activity so more layoffs.

    All those layoffs means people can’t pay back there debt. Trump doesn’t care about people in debt and somehow makes it worse. Banks get in trouble. Trump cares about banks and big businesses so they get bailed out. Taxes on everybody else increases to pay for bailouts.

    To distract from all this, Trump starts challenging China and it leads to war. Marshall law is called and Trump starts funneling more money to the military making things even worse.











  • Project 2025 is split on the issue of foreign trade.[109] Mandate author Peter Navarro advocates what he calls a fair trade policy of reciprocal, higher tariffs on the European Union, China, and India, to achieve a balance of trade, though not all U.S. levies are lower than those of its major trading partners.[126] On the other hand, Mandate author Kent Lassman of the Competitive Enterprise Institute promotes a free trade policy of lowering or eliminating tariffs to cut costs for consumers, and calls for more free trade agreements.[126] He argues that Trump’s and Biden’s tariffs have undermined not just the American economy, but also the nation’s international alliances.[117]

    The first guy won apparently.


  • At the end of the day, there is an arrogance in these tariffs that says the world needs American goods and services more than America needs the world’s goods and that we will cave before America.

    That’s not even the case. USA is the biggest importer, helped along by having the world’s reserve currency. Trump’s idea is to force everybody to quickly build factories in America, and manufacturing was part of the golden age, so he brings wealth back to the States. That’s why he keeps yammering on about the trade deficit.

    I takes a few years to build a factory, from idea to first product. Many will figure it’s easier to wait for a new president instead of actually committing billions to build out production, find workers and set up a local supply chain.