Virtual ghost
Complex paradigm
- Joined
- Jun 6, 2008
- Messages
- 22,100
Absolutely. Especially since the markets will probably respond within days.
As expected.
I don't think we will have to wait for months to see where all of this actually going.
Absolutely. Especially since the markets will probably respond within days.
This is one of those times where I take solace in the fact Trump is a compulsory liar. His policies will change when and if he thinks he might lose power. Just have to wait a little while yet for the inflationary effects to hit the mainstream consumer (who is also a voter).
If he doesn't change, just throw the bum out (assuming democracy still functions in the USA when voters come to their senses).
>_<
Friend and foe alike will start piecing together a different global trade order that the U.S. might like a lot less than the one it trashed.
We've talked about it before, but the brainwashing is cradle to grave here. Lots of folks here seem to think Global "power" is a single blunt instrument that gets wielded like a cudgel when in reality its far more like a communal spider web. Sure it can support a lot of weight and trap things bigger than the spiders, but its delicate. Fragile. And 90% comes from fucking soft power and diplomacy not willful ignorant sabotage. Lot of the Trumpers in my family have gone radio silent and all I can think is... I'm glad you're seeing what Ive been trying to tell you for the last several years. Shame about the timing and what it took though.How Trump cost America the world
I mean the whole logic basically stands on the premise that people outside of US are just too stupid or too primitive to really do anything about all of this. So they will have to play along.
This is exactly why I claim that the US didn't really get over the wild west and 19th century economics. Since then all of this would perhaps make sense, but today it just don't if you know the details. In other words back in a day you could build top level factory in your own backyard and make yourself rich. While today you first have to educate the experts/workers for years and then they have to build and equip the whole thing. What usually lasts another year or two and it usually costs about a few billion dollars.
Also today if you want competitive product it has to be complex. What means you will probably need materials from all over the world. What in the end means that this whole logic of things fixing themselves no longer works, the process is simply too complex for that. In a way US lost it's manufacturing base exactly because it wasn't willing to follow the process. Since in modern manufacturing in general there are no quick solutions . What means that you need to have decent attention span in order to actually manufacture, what is the mindset that modern US culture doesn't really stimulate. Therefore all of this indicates that these measures and tariffs are probably a big miss.
We've talked about it before, but the brainwashing is cradle to grave here. Lots of folks here seem to think Global "power" is a single blunt instrument that gets wielded like a cudgel when in reality its far more like a communal spider web. Sure it can support a lot of weight and trap things bigger than the spiders, but its delicate. Fragile. And 90% comes from fucking soft power and diplomacy not willful ignorant sabotage. Lot of the Trumpers in my family have gone radio silent and all I can think is... I'm glad you're seeing what Ive been trying to tell you for the last several years. Shame about the timing and what it took though.
I'm curious as to where our cousins in Europe who have experience behind "the iron curtain" or close proximity to it, see the us rn with regards to how close to being a N Korea style info bubble do we seem from the outside looking in?
If I understand your question correctly you'd like to know what the info bubble looks like from the outside. I didn't live behind the iron curtain, but my country was divided by it.I'm curious as to where our cousins in Europe who have experience behind "the iron curtain" or close proximity to it, see the us rn with regards to how close to being a N Korea style info bubble do we seem from the outside looking in?
One big thing though, the current American defense budget exceeds the defense budget of the next nine biggest defense budgets combined. That wasn't true in the 19th century economic paradigm. So all of what you say is probably true if we ignore that Trump is willing to leverage US's military strength to broker favorable deals with. That makes Trump's economic war harder to analyze from a purely economic perspective.
For all the rhetoric coming out of Europe about Putin and Russia, Europe never accepted Ukraine into Nato and never put any troops into Ukraine. That was because Putin deterred Europe. All rational countries generally run a similar realpolitik foreign policy where they prioritize national security above economic prosperity, so if Trump can successfully sell himself as a maniac whose willing to use force while retaining an ability to calculate, that gives the U.S. an advantage at most negotiating tables. You might not like the amorality of it, but that's the truth. Because the U.S. has signficant military might, the US does stand a chance to improve its situation by doubling down on a competitive, power-based economic strategy but it won't be overnight and four years may not be enough time.
The question of whether it can succeed at improving the economy versus the amorality of the methods employed are different conversations -- though liberals often conflate the two conversations into one perhaps instinctively. But there are success stories. For example, China has been running a competitive and power-based economic foreign policy for decades now and did great with it. Teddy Roosevelt was successful with that approach back in the day which he used to obtain the Panama Canal. Of course, everything can go to hell, but just as communism looked good on paper but didn't work in practice, the reverse can be equally true that what doesn't look good on paper can work in practice so keep an open mind. Economics is a social science, not a hard science. Predictive ability is limited due to not just human freewill but also the personalities involved.