For waltky: http://quakes.globalincidentmap.com/
"The Nation that makes a great distinction between its scholars and its warriors will have its thinking done by cowards and its fighting done by fools."
- Thucydides
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote" B. Franklin
Igitur qui desiderat pacem, praeparet bellum
[QUOTE=RadioGod;2423772][QUOTE=Ransom;2423726]I would advise you to give up your tech until it changes to suit you..........easy peasyApple does sell phones, ipads, and funny attempts at computers. All of it overpriced and with 3 to 5 year old technology. But they have a following and a consumer base. They have their own app store and make alot of money. But they also sell all of their users information to the government agencies, like the CIA, NSA, DIA, FBI, etc.
For waltky: http://quakes.globalincidentmap.com/
"The Nation that makes a great distinction between its scholars and its warriors will have its thinking done by cowards and its fighting done by fools."
- Thucydides
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote" B. Franklin
Igitur qui desiderat pacem, praeparet bellum
I will tackle one tonight it’s late. That one will be Tariffs. I remind myself every time I walk into a potential sale by saying “don’t play the game scared.” Someone’s has to take some steps to even this out. We set these tariffs up during reconstruction. But they were never managed properly and then with an influx of lobby money they have gotten worse. No politician will deal with it they are afraid of special interest and have likely been paid to leave it alone.
That said we may have some short term pain to benefit long term. My understanding it is all about economic power. Right now our economy is churning and theirs is not. They cannot afford the war. They will be harmed first and faster. Therefore timing is good. Trumps econimists know this is true so they are going for it now. I say let’s do it. I have no fear we consume the products way more than China.
I work in the Manufacturing industry. We are seeing the mills doing very well right now. Yes costs of material is up. But so is production and jobs in the sector. There will be trade offs. But we will prevail sooner than later. Let’s get it over with.
These measures will will pay back our debt way sooner than anything else. Make NATzo pay, make people be fair on tariffs., make the NAFTA type deals work for us or they lose access to our economy. Oh yes we will win this one.
I am tired of everyone fighting with each other. This is all by design.
stjames1_53 (09-19-2018)
It's good to hear from someone with practical insider knowledge about an industry. Numbers never do reality justice.
I know that China needs consumers, or their manufacturing will be in vain. And I know the US and Europeans are the big consumers. Tariffs will for sure have an impact on consumer choices, and some companies are even going to raise prices on things and put the reason for the higher prices as Trump's tariffs. This will create a political snafu in certain markets, like with electronics and phones.
To be fair to Trump, even if he ditched the tariffs today, companies would still try to use it as an excuse to raise prices. Just like when gas prices went up in 2008(?), and food prices went up accordingly, but never went back down when gas prices did.
If we have more manufacturing jobs now, that is good. But I'm not so sure how long that trend will last. American manufacturers can produce anything other countries manufacturing does, but at what cost? I like the idea of people making a living wage for their families, but I also don't want to pay $400 for a pair of shoes I know with more automation coming in, that would bring costs down to a super-competitive level.
I would also like to see us making more technical things that require high skill and manufacturing. Things that the rest of the world will come to us for voluntarily, not because it's cheap, but because it's the best, and nothing else in that market will do. Thin-film solar, high-density batteries, memory chips, things like that.
Right now China is out-classing us in those markets, and they are the products that will set trends for the next decade.
I will reserve my judgement on the tariffs until I see how the Chinese and Russian economies react. But I have a sneaking suspicion if we don't get our act together, they might just write us off and make a new global economy without our input. Of course, that would require them to be ok with far less gdp and growth, but if it means not having to put up with us throwing wrenches in their economics, they might just do it.
I agree that the Chinese would be devestated in a trade war, and I totally get that we might as well get it over and done with. But I would prefer to be much more cautious about doing things there are no taking back. A trade war might not be necessary if companies stop playing the daily share price game, let investors know that they are in it for the long haul and to expect short-term turmoil, and start making things the whole world can't do without.
Right now, we make alot of things that require our governments help with to force on other nations. That is not a good marketing strategy, and can lead to world war 3.
I live with a profound happiness that can only be achieved by being hated by Mr.Veritis
For waltky: http://quakes.globalincidentmap.com/
"The Nation that makes a great distinction between its scholars and its warriors will have its thinking done by cowards and its fighting done by fools."
- Thucydides
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote" B. Franklin
Igitur qui desiderat pacem, praeparet bellum