Oh thank god everything has been way too cheap recently, thanks Mr president
According to the news, Americans are only going to be paying $1,000 more per person for their basic goods this year. It’s a good thing most people aren’t working paycheck to paycheck, have been receiving cost-of-living wages, and are not already in debt, right?
: “Sorry kiddo, but we ALL need to make sacrifices!”
*to Moloch, maybe Satan, but definitely making sacrifices to The Market!
Probably closer to $300 for me, and that’s a bargain price to pay for getting to see the empire crumble.
It’s looking like I’m barely going to squeeze out paying off my final credit card balances soon. Idk what I’m gonna do once I have to start paying for health insurance and my federal student loans later this year
c’mon, collapse
This
Watching the United States President choke the economy to death in less than 100 days.
honestly the perfect way for america to go out. bumbling narcissist and former reality TV star is elected head oligarch by 80 million people who either see assholeness and cheap showmanship as endearing qualities and/or were just plain miseducated. said oligarch thinks he can bully the rest of the world into handing him free money for his pipe dream of reviving 1950s US dominance. ends up completely alienating
alliessatellite states as the dollar collapses and BRICS booms.
lib status: owned
fridge status: empty
wife status: cheating on me
oh yeah, we do get tired of winning
The end of the fourth Reich draws near
If this lasts a while, it will be interesting how the Treatlerites respond. I’ve always imagined the US falling apart in like two weeks if it was under the same kind of embargo that the US subjects Cuba to. This won’t be close to that, but I still expect some craziness.
Smoke em if ya got em! I’m out here staying stoned donating beans
Does anyone else find it weird that the fourth Reich started before the third?
reichs are counterintuitive like that
And before the second.
What was the second one supposed to be again? Nazi lore is so hard to keep up with. I tried to read mein kampf once and couldn’t even get through all the self-aggrandizing in the first chapter. How those freaks think there’s a coherent ideology there is beyond me.
The German Empire (1871-1918).
Oh Germany and its delusions of grandeur
i’m interested in seeing how people who voted for him are going to rationalize their support when the tariffs are pushed to consumers to cover. goods and services are going to increase in price and instead of it being due to a series of complicated events that the president is of course involved in it’ll be directly Trump’s fault. explain that away, please.
“because of woke”
“Well you see. Poor porky was facing competition and it scared him. Once when labor is free AND he has a full monopoly, THEN porky will probably feel safe and FINALLY let us lick his plate.
Because China
My money’s on “Woke DEI corporations (controlled by Soros/Zuckerberg/The Jews more broadly) are trying to stop Trump by raising prices for no reason”.
Biden’s fault
This is very much a When Prophecy Fails scenario.
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They’ll say it’s Auntiefa or something’s fault, idk
I have heard some chuds who admit it will raise prices in the short-term but say that in the long-term it will even out competition for local, good old American companies to come in and save the day and finally be competitive. Then we’ll have more jobs. Same when we kick out the immigrants who are also stealing all our jobs.
But it excludes a bunch of considerations, like the fact that evil foreign companies didn’t come in and steal our manufacturing jobs, it was given to them by porky. And they did it to pay people less. If it’s in the US, pay will have to go up, which will increase costs to the consumer. Or, pay won’t go up, so we’ll have jobs but they won’t be a livable wage.
But that probably won’t happen anyway, because we just don’t have the manufacturing capability here anymore. It will take decades to years to match all the things we import. Either way, the enemy is the capitalists here at home, not foreigners.
its the cost of re-establishing American Greatness. We are exceptional, and if the prices are too high maybe thats a personal failing of yours and maybe youre whats making America Woke
Mom said it was my turn to raise inflation
In the face of waning dominance of the dollar as the world currency, lacking options to sustain the dollars value in the global market, empire as a tool no longer viable, and alternatives to their Financialization schemes, and global sanctions driving a split in payment systems, the Hermit Kingdom known as the Burgerreich turns its economic policies inward, abandoning conquest of empire, imperialism, and third world Financialization, in favor of economic nationalism.
Which is very funny because we subsist almost entirely on imports.
The rulers of empire now believe the propaganda they feed to the proles.
We’re going to go from worrying about the price of food to just being worried about its availability.
Does BRICS have an alternative payment system even? Not their own currency, just something that allows them to directly trade without ever using the $$$.
There was some talk last year about one but it sounds like that’s not in the table. Still they won’t be using swift out looks like either?
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I went back to this article. It’s just pure gold every line.
They can take my Modelo from my cold dead hands
I need to go stock up on Molson’s!!!
This is the first, and hopefully last, time that I see or hear that particular sentence.
Gonna relabel molsons export to molsons import
This made me want a chelada, specifically the pineapple one. Someone cashapp me $5 for beer I just got fired.
(this is a joke I can go beg a local bartender for free drinks)
My boss is scared of good coats skyrocketing despite us being Canadian. We aren’t paying the tax. If it raises prices on American import, whatever, we don’t get our food from there for the most part. Anything that isn’t local is either from Italy cause Italian restaurant or from China cause that’s where most garlic comes from. Maybe our lemons are american but I think that’s all.
looks like they’re doing a retaliatory 25% tariff starting tuesday, so it’s gonna go both ways
That seems like a really dumb move. “OH, YOURE BLEEDING? WELL ME TOO MOTHERFUCKER!” absolute Wimp-Lo logic. Just sell shit to any of the other countries.
I don’t think they can. Like politicians can do all the trade deals they want but the infrastructure doesn’t exist to get shit to ports that dont have the capacity to handle all the shit. Don’t get me wrong Canada SHOULD be able to do trade with other countries but they got complacent.
Complacency is our game
Honestly, it may be dumb economically, but it’s also important for states to show they won’t be manipulated easily, even if it hurts your own country too. It’s a principle of international relations, that of reciprocity, and I don’t think it’s super dumb.
Yeah, Canada could seem weak compared to america on the world stage!
It’s not about looking weaker than any given country, it’s about countries understanding that bad actions towards you have bad consequences. You can’t just do anything you want in regards to policy with me, there will be consequences
It also hurts the US in the long term. Importers don’t want to pay the tariffs and they’ll be looking elsewhere, even if it’s a little more expensive. Once they switch, they might not switch back
there is probably some increase on the cost of goods from transportation element because of gasoline price, iirc most of canada’s oil is refined in america and canada buys it back from america - which means the tariff of oil will probably raise the prices of good as a secondary effect
I figured there would be something like that, there is an oil refinery really damn close by, so I know we do some. It almost blew up once. Considering the rate that food prices have been going up regardless, it will probably be pretty hard to notice.
Considering the rate that food prices have been going up regardless, it will probably be pretty hard to notice.
I was wondering if since supposedly less companies buy stuff from Canada, it will have quite an impact to the CAD, bringing in less demand for it, then the value of the currency will drop. Bringing the price of stuff in Canada up?
i am not sure, it has been many years since i read my economics book.
but it sounds about right, though hopefully somebody more well read can confirm, i am not confident to say how the currency value of CAD in respect to USD will react.
Stock up, or start making and selling, “I did that” stickers
What about Denmark? Thought he was gonna tariff the Danes too
greenland is the tariff
boutta be paying a hundred bucks for a 20 piece lego set, shit’s expensive enough as it is
I dont think he can without hitting the whole EU, and I think the strategy here is divide and conquer the satellite states, while increasing turning towards China.