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04-04-2025, 04:48 AM
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Jigsawed
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Join Date: May 2009
Posts: 11,192
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Quote:
Originally Posted by Rajoo
Can the US go a day without products from China?
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That is the crux. The model has to crash.
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04-04-2025, 07:45 AM
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Senior Member
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Join Date: Mar 2020
Posts: 7,540
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Quote:
Originally Posted by Dondilion
That is the crux. The model has to crash.
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and the ensuing damage from said "crash"?
__________________
The first casualty of war is the truth.
[ Greek dramatist Aeschylus ]
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04-04-2025, 11:39 AM
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Ready
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Join Date: Oct 2013
Posts: 19,931
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Quote:
Originally Posted by Dondilion
That is the crux. The model has to crash.
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You are driven by ideology, by a highly abstracted model of what is good and bad, and what should be done. You are utterly out-of-touch with the reality of what a crash would mean to millions and billions of people around the world. I'll tell you what it means, it means death. Unless you are a soulless tech bro eager to reduce the number of parasites, you know not what you do.
__________________
By Any Means Necessary
Last edited by donquixote99; 04-06-2025 at 10:33 AM.
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04-06-2025, 09:14 AM
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Junior Member
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Join Date: Mar 2025
Posts: 1
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Whoops.
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04-06-2025, 10:19 AM
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Senior Member
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Join Date: Mar 2020
Posts: 7,540
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Quote:
Originally Posted by RickeyM
and the ensuing damage from said "crash"?
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__________________
The first casualty of war is the truth.
[ Greek dramatist Aeschylus ]
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04-06-2025, 12:34 PM
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Senior Member
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Join Date: Mar 2017
Posts: 14,448
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Quote:
Originally Posted by Dondilion
That is the crux. The model has to crash.
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__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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04-07-2025, 07:15 PM
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Senior Member
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Join Date: Mar 2017
Posts: 14,448
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__________________
"In a time of deceit telling the truth is a revolutionary act." -
George Orwell
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04-08-2025, 06:58 AM
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Senior Member
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Join Date: Mar 2013
Location: Sierras
Posts: 15,280
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Limited options push China into trade 'war of attrition' with Trump
Quote:
With Washington and Beijing trying to inflict increasing pain on each other and the rest of the world seen as collateral damage in their trade war, it is hard to imagine how a grand deal to de-escalate would look like.
Economists say Trump's goal of balancing trade with China is unfeasible in the short-to-medium term, given that one side is the world's leading producer while the other is the biggest consumer.
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Quote:
"Ultimately, it becomes a game of which country can actually manage its own population more effectively to manage the subsequent economic consequences from this trade war," said Zhiwu Chen, professor of finance at HKU Business School.
"Trump has to face, or at least Republican politicians have to face a lot of electoral pressure, and the American media are still pretty much free," he said. "So I think Trump's ability to fight politically with China is not that great."
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As if we did not have enough problems with our economy.
https://www.reuters.com/markets/limi...mp-2025-04-08/
__________________
The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite. Thomas Jefferson
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04-08-2025, 07:17 AM
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Senior Member
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Join Date: Mar 2013
Location: Sierras
Posts: 15,280
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Call it the billionaire boomerang: The ultrawealthy are turning on Trump over tariffs
Those with the most are feeling the most financially in numbers.
Quote:
The tariffs announced by President Donald Trump last week have tanked global stock markets, hitting the world's richest the hardest.
Billionaires, including big supporters of Trump, have seen their net worths and investment portfolios plummet during the market sell-off.
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Is Trump listening? Probably not.
https://www.businessinsider.com/bill...nmiller-2025-4
__________________
The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite. Thomas Jefferson
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