Peter Zeihan put out a vid today claiming the current tariff regime is functionally "deindustrializing" the US.Is this accurate?
>>60923852>Peter Zoygon said
>>60923852damn, Negan sure got old
>>60923852>current tariff regime is functionally "deindustrializing" the US.Is this accurate?>Announce a fuckload of tariffs>Shitloads of companies announce hundreds of billions to build and expaand US factories to avoid tariffsGee whiz idk
>>60924053>arrest workers building the factories>have no factory
>>60924053His claim specifically is that it's now cheaper to make finished products outside the US and pay one tariff than have to pay multiple tariffs along mixed US-foreign supply chains. >Companies sayFair enough
>>60923852who cares what this jew says anymore?
>>60923852His argument seems to be that the most efficient way to produce something (which is the current way things are being made) involves these vast supply chains where the product is being shipped around made in incremental steps.With the high tariffs the US cannot be a chain in this multinational production chain, as the tariffs would have to be paid every time an unfinished product enter the US, so the US will only be a part of this supply chain in the very last step - either assembling the components or just receiving the finished product, the tariffs being paid just once.
>>60923852even a broken clock is right twice a day.
>>60923852Has there ever been a more obvious glownigger than this retard
>>60923852People still listen to this absolute retard after he claimed, at the pico bottom, that Bitcoin would go negative in value? lmao
>>60924180The problem is that in reality this isn't true. It's not cheaper to build an iphone by manufacturing ins 70 steps in 30 countries shipping parts effectively to the moon and back before final delivery to the point of sale.This situation is created by a patchwork of business taxes and handouts where companies work to minimize taxes and maximize handouts for doing certain kinds of business in certain locations.Deindustrializing the west was a conscious choice: in Europe, to prevent them from having the capacity to build up modern armies and starting WW3. In America, it was to obtain cheaper goods by exploiting cheap foreign labor, because we had enough office jobs for everyone for a few decades. Now that's not the case anymore and people literally yearn for the days of 10 hour factory work shifts with benefits and unions.You can't have a functioning society where everyone is either a VP-level executive or a gig worker juggling uber, doordash, and dogwalking apps. Zeihan is also missing the regulatory clarity such strict tariff regime creates: it's now very clear for companies whether or not it makes sense to build in America, or build abroad and import. Most companies seem to realize that it's in their best interest to have a USA supply chain for the USA market, and everrone else can do whatever they want. Which from a purely geo-economic point of view, is how it should have been all along. TWO FUCKING OCEANS on either side. Oceanic shipping is cheaper now but it still ain't free.
>>60924053Are these "shitloads of companies" in the room with us right now, anon?
>>60923852this gay nigger lets men fuck him in the ass
>>60924343In the case of iphones being made entirely in the US, you would end up with a very similar setup, multiple companies involved, transporting the unfinished iphones around.you don't make the glass the same place you make the chips, you don't make the hardcover the same place you assemble it.You will be transporting these unfinished products and components across multiple states. The only difference between multinational production chain and domestic production chain is the length/time of the transportation - which is not the same as price of transportation (!), the international flow of trade is very streamlined and the bulk of it reduces the cost, it could be cheaper for someone in California to send a package to China which in turn get send to Ohio, than sending it directly from California to Ohio.
>>60924053>companies make big announcements of big numbers so Trump can get his headlinesIt only matters if (1) the commitments are legally binding, (2) the amount of investment exceeds the depreciation of the existing nationwide capital stock, and (3) the "investments" are actual capital investments and not just stock buybacks
>>60923852Literally everything this guy says is wrong. If he says something expect the opposite to be true.
Pete Zeihan called the bitcoin top at 16,500. i trust all of his economic predictions
>>60924343It’s funny how low iq mc chudface can literally just type this in clear denial of the supply chain reality of the last 30 years and then smugly chuckle to himself as he just posts the most made of bullshit.
>>60923852>2 weeks guyThis guy is an S-tier grifer who gets paid $50K per speaking engagement, stays in 5-star hotels, and flies first class around the world to repeat glowie and corpo talking points in faux-academic setting. You really do not need to pay attention to anything he says.
>>60924358Gayfags representing globohomo corpo falsehood/anti-truths are the "canary in the coalmine" signaling the downfall of the West.
>>60923852This goy has only one argument : Demographics for everything.
>>60924128Hire Americans to build the factories. The Amish are best and don’t take too long like mexicans do.
>>60923852How can the US onshore when all the materials needed to develop infrastructure are made more expensive by tariffs? Trumponomics is deeply low IQ.
>>60925268colorblind* demographics. all human beings are equally fungible economic units, after all. if you import the entirety of the 3rd world, you will become the most powerful country in a matter of generations, as all of those thirdies can be "educated" and "trained" because we're all heckin created equal by g*d
>>60925317guess it's time for a little austerity for the job creators
>>60923852Was that guy ever correct about ANYTHING?
>>60923852exactly how many fortnights have passed since the last time this retard claimed that China will collapse?
>>60923852Making inputs more expensive means that manufacturing becomes more expensive. You have to be actually retarded to not understand.>>60924343>supply chains aren't realYou are a low IQ subhuman.
>>60924271>Has there ever been a more obvious glownigger than this retardNo there has not. My favorite video all time of his is the cap on the Russian oil price.... imagine shilling such a monumentally retarded idea. There is no way in hell a person with an IQ over 80 could ever believe such a completely illogical scheme could actually work; yet he made a 15min video explaining how capping Russia's oil price was a checkmate for Russia in which it had no way to respond or recover from. Peter Zeitard is wrong about literally every single thing he posts in such an extreme and absurd way its almost comical.For a period of time I genuinely did not know if his channel was a lowkey troll channel wrapped in layers of sarcasm as some kind of running gag. Nope, glownigger economic disinformation is really just this bad now days.
>>60923852Hopefully he's right, yeah. The US shitting itself = bullish crapto, for whatever reason. I want moar KEK pumpies and moar Bitcoin pumpies too, on the double!>>60924053Name three other companies besides Apple that require some form of industry (so no Big Tech slop only AI bots use nowadays, ala Facebook).
