keeps repeating the idea that tariffs as currently formulated are de-industrializing the US. Is there any proof of that
tariffs jack up production costs across the board by imposing insane taxes on components. so it makes sense that manufacturing is just continuing to die, they're kicking it while it's already down.
>>61052918What sort of tariff structure wouldn't do that in theory?
>>61052881zesty zeihan
>>61053033Targeted tariffs on the finished goods instead of broad tariffs which drive up the cost of input materials.
>>61052881Zeihan is at best a midwit, probably really a dimwit. He sounds totally plausible if you don't know anything about a subject, but when you do, you realize that he barely knows anything about it and just repeats surface information while sounding totally confident in his pronouncements.I started calling him "a living example of Gell-Mann Amnesia" a while back, and independent of me, I've seen others make the same judgment of him.>>61052918>tariffs jack up production costs across the board by imposing insane taxes on components.Possibly an even more retarded take than whatever Zeihan came up with. Those "insane taxes" disappear if you make the "components" in this country. And those "insane taxes" are only on the wholesale cost of the individual component; if you make something out of them that adds value to the whole, there are no tariffs on the entire assembly, so you still make a solid profit. Tariffs aren't VAT that robs everyone at every step of the manufacturing process -- and which Yurapeons seem to love to impose on everyone and everything.For example, there's a good article in the WSJ about the manufacturers of Sharpie markers bringing their manufacturing back to the U.S. Currently the only piece of the marker that is made overseas is the felt for the tip, which is made in Japan. So they pay 15% extra for a one-tenth-of-one-cent piece of felt cloth. OMG your marker might cost one cent more for a ten pack!!!
>>61053033Ones that are targeted and leave raw materials needed for production alone. Declaring a trade war on everyone only accomplishes turning everyone against you; had Trump just gone after China and India alone or something along those lines, we could've easily gotten more investment from everyone else. But nope; since he seems to think a trade deficit is inherently bad, we gotta drive everyone away.
>>61053113>Those "insane taxes" disappear if you make the "components" in this country.With what materials anon? The ones that are also tariffed? And what do you do afterwards? I think most companies would rather deal with the tariffs costs exporting to the US from foreign factories than deal with the costs of importing materials to the US and facing additional tariffs when they try to export products out of the US.>OMG your marker might cost one cent more for a ten pack!!!So, still going up in price. Fucking retard.
>>61053113>He sounds totally plausible if you don't know anything about a subject, but when you do, you realize that he barely knows anything about itAs a concrete example, back in 2022 when Russia started buying Shahed drones from Iran, Zeihan tweeted about how the U.S. should find out what roads the trucks take as they transit Azerbaijan and/or Georgia, because Zeihan was incapable of realizing that a thing called "air freight" exists and that Russia was flying them on IL-76 military cargo jets directly from Iran to Russian territory by flying over the Caspian Sea.He's really that fucking uninformed.And if you actually know anything about any subject he pontificates upon, you'll notice that level of stupidity in practically every segment he talks about. At which point you either are a dimwit who ignores that, or you stop listening to him entirely because why bother listening to someone who gets basic information wrong about everything he talks about.
>>61053125>So, still going up in price.How much does the company save by not having to pay ocean freight costs from China to the U.S.? Oh, they save more than the tariffs cost them, so they save money overall? Such wow. I wonder if they pass that on to the consoooooomer?>Fucking retard.Indeed you are.
>>61053113I think if you know nothing he is a great introduction, and also nobody else makes shortform geopolitics videos about the current goings on that doesn't speak with 0/10 charisma. I just want to hear what's happening in the world in the background while I do other stuff. I'm thinking about making a geopolitics youtube channel because the only competition is The History of Everything guy. It's amazing how boring the average person that likes economics and geopolitics is as a personality.
Like the Plain Bagel is zestier than most of these guys
>>61052881Isn't this the retard who said Bitcoin would crash to below $0 when it was near the pico bottom of the bear market? lmao
And Patrick Boyle has sold out and gone entirely down the seething anti-american eurocuck technocrat pipeline
>>61053139>How much does the company save by not having to pay ocean freight costs from China to the U.S.?And the costs of freight from the US to the rest of the world anon? People don't make factories solely to sell in the place those factories are.
>>61053132Are you following anyone in geopolitics? I noticed this trend where someone publishes interesting book (Friedman's The Next 100 Years), then things don't quite work out like described but instead of adjusting their model they just keep repeating the same shit cause apparently the vibe they are selling is what lots of people actually want to pay for, not the truth.While we at it, any finance accounts you following?>pic unrelated
>>61053113I thought VAT are a tax on american importers and unfair?Now it turns on they are infact a tax on european producers?Are you all fucking retardedCan you Maga monkeys ever keep your story straight?
Dollar milkshake retard who thought the US dollar would be king forever and nothing would ever supplant it in his lifetime
Not even 3 years after he posted that, gold overtook the US dollar in internationally held reserve assets
>>61053318picrel moggs Zeihan and Friedman
china collapsing in week x 2
>>61053421predictions from picrel:>First Prediction: Controlled Competition Continues>Second Prediction: Both Governments Overstate the Extent of Bilateral Contention>Third Prediction: China Overtakes the US Nominal GDP by 2030 and Maintains Higher GDP for the Rest of the Century>Fourth Prediction: China and the US Will Never Purposefully Go to War>Fifth Prediction: US Alliance Systems Continue; China Does Not Form NATO-Style Partnerships>Sixth Prediction: US Allies Support Geopolitical Countering of China but Not Economic Crippling>Seventh Prediction: A Traditional Arms Race Is Unlikely; If It Does Occur, Washington Will Lose>Eighth Prediction: The Chinese Government Retains Relative Edge in Domestic Political Effectiveness If It Remains Rational and United>Ninth Prediction: India-China Contention Supplants US-China Rivalry
>>61052881Literally a glownigger faggot
>>61053482I always wondered what Terry (RIP) meant by that phrase. Then I just recently got it. Both nigs and CIA were called spooks.
>>61053132Nigga, no company will expand their Opex in the USA just to avoid a tax that can be easily be passed to the consumer. They need to subsidized the manufacturing industry and invest further into infraestructure.
>>61053113>Those "insane taxes" disappear if you make the "components" in this country.Indeed, faeries and unicorns will magically change the entire supply chain and rescue manufacturing, which can barely afford to sustain itself, let alone expand its operations to now build all the components it needs to create the finished goods we actually need and want. You truly live in a fantasy world.
>>61053166Among many other fucking retarded predictions, yes.>>61053233>And the costs of freight from the US to the rest of the world anon? People don't make factories solely to sell in the place those factories are.They would still have to pay that freight from China (because China isn't buying any of the stuff that they produce there, because China's government fucks over foreign companies as much as they can get away with). So that's a net zero change.
>>61053338>I thought VAT are a tax on american importers and unfair?>Now it turns on they are infact a tax on european producers?>Are you all fucking retarded>Can you Maga monkeys ever keep your story straight?What country did you study ESL in, and when are you going to learn what VAT taxes are?Yes, the Euros charge VAT on American-made goods. The Euros also charge VAT on their own goods. VAT is applied to everyfuckingthing that sells there. You buy a slice of pizza from the take-out lunch counter and you pay 22% VAT on your fucking pizza slice. The pizza place pays VAT on the ingredients they buy from their supplier. The supplier pays VAT on the flour it buys from the wholesaler. The wholesaler pays VAT on the flour it buys from the mill. (Repeat the same for tomato sauce, cheese, any toppings that people can afford, etc.)Then ALL of these various levels of company have to calculate their VAT payments versus collections, fill out tax forms, deduct one from the other, and hope the governments don't crawl up their assholes to verify the information (especially because they're probably cheating on some of it).So yes, VAT is a tax on American-produced goods, and also a tax on European-produced goods, and also a tax on EVERY OTHER FUCKING GOOD THAT IS PRODUCED. You absolute retard.>>61053736>Nigga, no company will expand their Opex in the USA just to avoid a tax>>61053793>Indeed, faeries and unicorns will magically change the entire supply chainYou dumb niggers didn't even bother to read the WSJ article to see that that is exactly what has been happening. Same with companies reshoring operations to Vietnam because of China being asshoe during Trump's first term. Same with companies friendshoring operations to Mexico (for a given value of "friend" anyway, say what you will about Mexicunts, they're better than China) because of USMCA.Trade policy works, and you idiots are either too fucking stupid to understand that or are in the pay of China.
>>61053113If this is bait it got me. You are an absolute retard and should kill yourself. “We make sharpies now America strong we can make anything”. I hope you get killed and eaten first you colossal dipshit
>>61052881This clown is the most obvious and retarded glownigger the Feds ever produced and his own job is to flood the zone with compelling dogshit tabloid propaganda for midwits
zeiwho?
>>61053338>>61053939VAT is just a less distortive version of sales tax
>>61052881https://youtu.be/ndfrkm-kvpQ"What's Bitcoin at? 16,000? it has another 17,000 to go [down]."
>>61052881No, its the opposite
>>61055038Hes a famous political scholar. He predicted that Kamala would win in 2024 with hard data.https://www.youtube.com/watch?v=sdaS3TJ6Vk0https://www.youtube.com/watch?v=KW2rQ-z7V8Y
>>61053033Historically you have used tariffs to protect local industries, and there are plenty of examples of them being successful. An example is the trade agreement between Argentina and UK in the 19th century. Argentina would get a very low tariff on exporting meat and agricultural products to the UK, in return the UK would get a low tariff on exporting manufactured goods to Argentina.This was at a time of rapid industrialization, and it left Argentina entirely missing this industrialization, because they couldn't compete with the more "evolved" UK factories. If they had tariffs, then they would have developed local manufacturing, which over time would have become more competitive and survivable.
