Tech companies’ worst nightmare ahead of Donald Trump’s election has already come true, as the US and China are now fully engaged in a tit-for-tat trade war, where China claims it expects to be better positioned to withstand US blows long-term.
So basically everything the US imports from China is going to suddenly cost 84% more. I’m really struggling to see Trump’s end game here, because when domestic inflation inevitably gets out of control, the populace is going to get angry and he’s going to become deeply unpopular.
The only two possibilities are 1.) He’s purposefully wrecking the US economy, either to end US global hegemony and appease the Russians or to appease the tech billionaires and Heritage Foundation-types who want to destroy the federal government, or 2.) He’s a moron who doesn’t understand even basic economics
why not both!?
2 because that leads to 1. Because he thinks he’s a very clever businessman. In his mind he is never wrong, everyone else is.
What bots are upvoting this??? Lol
If the US hadnt just pissed off all of its allies, it might stand a chance against China, which has been preparing for this for at least 20 years
China controls 90% of global production and refining capacity of rare earth minerals. They started investing in the 1980s.
This was going to be tough for the US even with allies by their side.
The nightmare scenario is China cuts the US off completely and the US responds with some form of military action.
They started buying up the rare earth mines in South America in the late 2000s.
Stop retaliating to what we do or we will retaliate!
It’s time for the world economy to treat the US the way the internet treats damage and route around it.
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This is what we voted for, no one who voted for trump and understands what he is doing is worried or in denial.
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Sabotaging and tearing apart the country, not to mention how they’re dissolving western alliances and threatening war with Canada.
Whats fair is fair not everyone is going to like it specially if you are not in the US.
Oh you’re right we don’t like you.
I sincerely hope your economy suffers a collosal depression that lasts for the rest of your healthy life. That the west commits to a trade alliance that leaves the USA nostly alone.
You know it will never happen and you also know canada will fall at a much faster rate than the US if canada wants to play this dangerous game. You know we can print money out of thin air right? Lol
I hope you suffer the coming years, and I hope you feel deeply, deeply betrayed.
Appropriate username, may you and all the other fascist bootlickers be fucked worst of all.
You’re also fine if the threats of war against Canada start getting violent? Or did you just vote for empty threats from a career liar?
Stop making up scenarios in your head!
Are you saying Trump has not threatened to take Canada?
It will never happen!
