whowasthatmaskedman · 70-79, M
And even if the tariffs are cancelled permanently tomorrow, there is the damage done forever to American goodwill. Some business has just found another home and wont be coming back..😷
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robingoodfellow · M
One of my work accounts is a company that distributes cosmetics and costume jewelry- all Chinese products. Walked into their warehouses last week and shelving normally filled with pallets of product were empty. Between the 4 warehouses there was maybe enough product to fill 1 and they were working with a much smaller crew of people than usual.
I took a picture of the empty shelves and sent it to 2 of my managers. They each texted back one word: "tarrifs".
I took a picture of the empty shelves and sent it to 2 of my managers. They each texted back one word: "tarrifs".
DeWayfarer · 61-69, M
It's more than just good will that will be lost. Inflation never goes down over all, once it has gone up over all.
whowasthatmaskedman · 70-79, M
@DeWayfarer Maybe. But thats not how i see it. With that monsterous population China will be best places to drive down costs and continue competing on the world stage way into the forseeable future. Of course, some seismic event could clear the board and start a whole new game. No one can know for sure.. But empires so far have always been unstable in the long term. Usually becoming victims of their own weaknesses..😷
DeWayfarer · 61-69, M
@whowasthatmaskedman Think about this. The advantage is their population. If their advantage drops and the population is dropping. Then they are out of the game.
It's why the manufacturing is going to India BTW. India's population has surpassed China and is still increasing slightly.
It's why the manufacturing is going to India BTW. India's population has surpassed China and is still increasing slightly.
whowasthatmaskedman · 70-79, M
@DeWayfarer We agree that India will be the next big thing and they do have several advantages..Both are following similar paths..😷
Roundandroundwego · 61-69
Whatever! Murkans don't control their economy as voters and refuse to try - didn't you know that's SOCIALISM ? Enjoy your fascism. You have no other choice.