Bleh.
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How to dominate world economy :
- step 1 : don't buy stuff from your rival
- step 2 : don't produce anything
- step 3 : ???
- step 4 : profit
Four stories from the COVID supply crunch stood out to me:
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Factories building and garages maintaining 18-wheelers had to shut down because they couldn't source some small metal part that came from China domestically. It was just like a particular kind of ball-bearing.
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A factory that made doors had to shut down because it couldn't source its inputs domestically
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Municipal utility companies warned that they had no supplies to respond to infrastructure damage because they couldn't source them domestically
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Nurses were wearing trash bags while people paid $100 for homemade ineffective hand sanitiser on ebay because the basic supplies required to respond to the pandemic at any level couldn't be sourced domestically.
Big fuck around energy.
Yeah, a lot of industries that the USA needs is basically overseas at this point.
It'd be a shame if this trade war escalated to make consumer goods unavailable/more expensive during what will probably be the hottest summer in human history and an election year where the majority of Americans hate their unhinged genocidal president who's gaslighting them about the ersatz economy.
Even if it's not a recession, it's basically "hard economic times" masqueraded as a "booming" economy... which is a term that means nothing at this point.
...Okay, I feel called out.
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
(I actually miss TV, tbh.)
Sure would be a shame if there was a tech bubble built on over-hyped technology that could pop at any moment.
"booming" economy
MIC is making a killing selling weapons to fascist regimes
If he announced he was intentionally trying to lose I'd have to admit he has an incredible understanding of how material conditions impact voting.
The least the US can do is make it easier to leave the US. Like what is even the point?
It's not like the rich need workers anymore, and they'd be happy to see us lowly poors go.
If I could get the fuck out of here I would have done it yesterday. The truth of the matter is that I am quite literally trapped here
Is it hard to leave? I thought the big issue was getting residency in the new country
Costs like 2000 dollars to renounce citizenship or something
those are basically the same thing for anybody who can afford a plane ticket
Death to America
Nurses were wearing trash bags while people paid $100 for homemade ineffective hand sanitiser on ebay because the basic supplies required to respond to the pandemic at any level couldn't be sourced domestically.
The Chinese embassies were handing out food and PPE to medical workers in the US. American media and pundits got very angry because the workers were thanking the Chinese workers on social media. The media denounced it as “medical propaganda” or some shit.
Municipal utility companies warned that they had no supplies to respond to infrastructure damage because they couldn't source them domestically
I remember how the US banned Huawei from telecommunications in the US, but the problem is that a lot of rural areas rely on it because it provides cheap internet infrastructure for an otherwise poorer, isolated area. The US demanded they replace it with American equipment which was significantly more expensive because of contractors, and the federal government didn’t provide enough funds to even take down all the Huawei stuff let alone replace it all
the federal government didn’t provide enough funds to even take down all the Huawei stuff let alone replace it all
An entire country of half measures.
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You got a link to the original cus I'm about to abuse the shit out of this.
here's the link to the full thread: https://twitter.com/JoeBiden/status/1138506137697959939
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Trump doesn't get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you they're being paid by Americans
50% on solar panels? Holy shit that's actually fucking insane, China makes 80% of all panels. They're nuking any hope of a green transition
So much for not rolling coal past the 2.5 degrees Celsius average temperature increase that will cause a mass extinction (of humans not the mass extinction were already in the middle of)
This is what I've been saying, possibly the worst consequence of the US policy of continuing the cold war is that it's antithetical to cooperation around climate change. Any delay in a renewable energy transition costs untold lives and quality of living standards. How are you supposed to install enough solar panels in time to make a difference, if you're trying to start a war with the country that produces the solar panels? It doesn't make sense unless we admit to the reality that capital will have its agenda fulfilled no matter what's superficially going on in the elections.. unless we do the needful
might as well just leave my car running 24/7 while burning tires for fun at this point. 50% tariff on 80% of the world's solar panels? Are they trying to kill the planet faster???This dipshit admin is gonna do this, then when they start losing seats+the presidency they'll scream about how the new, conservative admin isn't doing enough for climate change. This will probably be true, but it will be after they themselves did what they could to deep six any way around it as part of ensuring like 300 already obscenely rich clowns keep making as much money as possible
And the end result is still 'we all get screwed by climate change'
Residential solar in the US is already stupidly expensive, like 4-5x what it costs in Australia
The average cost of an 11 kW solar panel installation on EnergySage is $22,022 [USD]
Meanwhile, in Australia (5900 AUD = 3900 USD)
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Jesus Christ that's basically chump change when you consider the savings on electricity
Unfortunately for solar users in this part of the country, the state and federal governments have announced $1300 in payments for electricity costs for all households (technically a credit on future power bills because it's easier to administer that way, no application forms etc)
Though fortunately for those solar users, most of the electrical infrastructure is still in government hands so it's just accounting trickery
The yanks will also impose tariffs on EV batteries
Americans won't even be able to afford EVs to go with their billion dollar charging stations
Damn, from Reuters too.
I guess everyone's getting antsy about looming climate change.
Well, we just can't let the poors escape being cattle for oil, can we? It's bad enough some of them want to escape being cattle for the auto industry with their fancy-schmancy "walkable cities"!
It’s 5D chess by Biden. EV’s will be too expensive, but the people will blame Trump and the Republicans. This will set up Biden to win in 2028, followed by decades of Dem dominance.
I'm getting pretty close to my measured and nuanced response to any liberal telling me I have to support Biden being to kick them as hard as I can in the dick.
And then telling them a republican would have kicked them harder
I'm sure that voters will be ecstatic to hear that Biden is tackling the bread and butter issues like "everything isn't expensive enough".
Does he really think that the people he's trying to win over care more about sticking it to China politically at the expense of renewable energy than being able to afford basic goods? All those people have already been screaming at progressives that everything's their fault for 8 months.
So much for that infantesimal amount of inflation reduction they were trying to campaign on.
Just imagine how good the economy will look when EV sales sore 300% even though people are buying the same amount and I'm still eating ramen noodles and stale bread just to survive.
Their strategy of telling people who make less mobey then basic necessities cost that the economy is doing great and working exactly as intended can't possibly backfire.
"If you're not rich it's because you're lazy or an idiot" is a great campaign slogan in a coubtry where 70% of people are paycheck to paycheck at best.
I haven't been surprised by dems failings since 2000 I just expect it at thisnpoint.
Does he really think that the people he's trying to win over care more about sticking it to China politically at the expense of renewable energy than being able to afford basic goods?
Hell I think that because the only options the democrats ever seem to have is to appeal to republicans instead of non-voter
everyone knows a surefire way to get more votes is to start fucking with the treat supply just 6 months before the election
Hey it only pisses off people who see overconsumption as a good thing because of their love of cheap consumer goods from china and people who see overconsumption as a bad thing because it kneecaps renewable energy.
Leaving the political genius with a voting base of....... ahh shit.
Does he really think that the people he's trying to win over care more about sticking it to China politically at the expense of renewable energy than being able to afford basic goods? All those people have already been screaming at progressives that everything's their fault for 8 months.
Every day, I slide closer to "there won't be any more elections Jack" as Biden's path to the Oval Office.
This fucking DUNCE is running the entire playbook to lose like a motherfucker
WHO THE FUCK HEARS HEY YOUR SOLAR PANELS ARE GONNA COST DOUBLE NOW AND SAYS OH THANKS CHIEF LET ME VOTE FOR THE CORPSE THAT SIGNED THAT SHIT
And yes I'm particularly pissed off because I was about to buy solar panels.
Remember this absolute fucking (I'm really holding back on language out of respect for people here, but my 14 year old 2002 inner child has so many choice words) clownass passed, less than 2 years ago, the "inflation reduction act" which had a pretty decently half ass ok part for homeowners (not landlords fuck them, although yes it benefited them. More actually. Don't make me think about that)?
Part of it was huge tax incentives (note: not rebates so people on social security or whatever who don't pay taxes can eat shit -signed, Joe Biden) on buying solar panels for homes, EVs, stuff like that.
Welp!
"Just kidding" says top dipshit in charge
Signing this when your polls are already at the bottom of the Mariana trench is just a "fuck you" to the last 3 "progressives" who may be supporting him and, imo, putting his hands up like "fuck it, Trump wins. I don't care. Hey oil companies, make sure my grandkids get a nice underground bunker!"
Anti green energy transition Anti "free market" competition
The perfectly moronic move to piss off everyone except, well, Exxon I guess? Maybe Elon? Everything and everyone who should be not just pissed off but...[redacted]... that's who he appeals to.
Tell me again liberals why I should vote for the rotten corpse who in his last moments of life jerked the wheel directly into the iceberg.
The president can't do everything, but he can do a fucking lot, and I can't think of more than a few times when Biden has even gestured at doing the right thing. Trump did a few right things too. Where's the fucking argument for this guy being better? Are they even bothering with that anymore?
Btw, I had a mental conspiracy theory that I didn't speak because I feared I'd bring it into existence... but it seems we've arrived anyway. My theory was basically after the IRA passed funding was immediately, or quickly anyway, available for states to start giving rebates where they were designated, etc. Well, many states have been draaaaaaaaging their asses for years now. Why? Well, incompetence is always number 1. The easiest answer. My theory was 2. To allow for manufacturers/retailers to jack the prices up to reap more profits.
Like I need a new oven/stove. I want one of the newer fancy ones which are incredibly overpriced. Oh hey, Corpse Joey passed a bill that will take off like 80% of the cost? Ok, I'll wait until the state gets their asses in gear. Should be available in a month! Right!? .... my current governor has pushed that timeline from late to 2022 to mid 2023 to not talking about it and now recently he said late 2024. For funding that was available in like Oct 2022. Incredible. And if you're wondering, ovens haven't gotten cheaper since 2022 I can assure you of that! I sure hope Biden sanctions Chinese ovens next without offering a single fucking solution to America NOT MAKING ANYTHING
The US breaks international rules all the time, they get to do it because they're the hegemon. Death to America.
Liberals get all bent out of shape when you say there's not any meaningful difference between them and Maga but have they ever considered not behaving exactly like them?
No no you see Trump would have put 200% tariffs! And nuked Paris! And immediately taken half the DNC prisoner upon his inauguration!
I will laugh when libs come out majorly in favor of this move by Biden, but then as soon as Trump is president and talks about or does the same thing, they're suddenly going to be like
It doesn't matter because they control the narrative. They could spin their way out of a genocide, they can spin their way out of anything.
They had literally zero issue doing the opposite of that on the concentration camps on the border, drilling for oil, and the USPS. This is gonna be an easy warm up for people that good at mental gymnastics.
I still can't get over just how quickly the MeToo movement died the moment Biden started running for president and I don't think it gets talked about enough.
Yea libs love making those list of dubious claims of bidens accomplishment it's weird that "killing the metoo movement overnight by explicitly demonstrating dems don't support women who speak out against them" is never on there
Surely this is going to be followed by the largest attempt at reindustrialization in US history right?
The adults the room(tm) used to say the free market would solve climate change because eventually green energy would become cheaper and then it would be widely adopted. Now the price has fallen and they're slapping tariffs
"well the best part about the free market is that if you don't like a company, then a better company will come along and give you a better service. you can buy what you want and vote with your wallet"
Still considering this for the future if I actually need a new car, but I imagine car shops in the US will just shrug their shoulders if you need something fixed.
The more I read, the more it sounds pretty much impossible. If the car isn't certified, it isn't street legal, meaning you can't get it insured or anything either. Maybe once the European branded versions come out it'll be easier? I don't really know much about electric vehicles in general.
Ugh, I wish I could get one...
I'm not driving a fucking Tesla, dammit!
I literally thought about this earlier today while on the bus, "What happens to the USA if they tariff all of Chinese goods, or China does it to them? Where will they get their treats from?" Well, looks like China needn't apply their own taxes and tariffs, cause dear old Joe is doing a capable job himself.
Certified :sit-back-and-enjoy: moment
If you actually cared to compete with China you would join the technology arms race by investing heavily into it instead of banning superior competitors. If state intervention does positively affect technological progress instead of just pure competition, then neoliberal ideology is wrong and should be abandoned.
They had a 2 decade head start on China to have a green industrial revolution but China managed to have their actual industrial revolution and now also a green one in the time we went from electing a president that thinks windmills cause cancer to electing that same guy president again.
Yeah, this is basically putting a weight on your opponent and calling it a win.
China's not paying more for anything and this just means they'll export more stuff to the global south and build those relationships.
This is putting a weigh around your self and calling it a win.
In a swimming race.In 50 years, China's victory will be called "the Luigi victory".
They will defeat the US without even trying.
