A few months back, I was listening to a y-tuber that interviewed an automotive parts producer in Mexico, and they said it was a huge job just loading the machinery up on trucks and moving it to the states, and much of it wouldn't be viable as it's outdated or getting old.yep , and that will be educational to watch ( even if they use a large amount of automation )
and the regulations , unless Trump slashes a lot of themA few months back, I was listening to a y-tuber that interviewed an automotive parts producer in Mexico, and they said it was a huge job just loading the machinery up on trucks and moving it to the states, and much of it wouldn't be viable as it's outdated or getting old.
Then the other problem they'll have is transferring experienced labour, trying to get work visas and so on.
well locally produced goods ( that would normally be imported ) would cost more , arguably more locals should have jobs ( so more wages to spend ) and in theory the velocity of money should increaseI see more discussion on tariffs killing demand as consumers are stretched so rather than inflationary more likely deflationary tbh I think thats a more likely outcome.
Not for long Danny. They will go bankrupt in 3 months. (That's what they told Trump )The US auto industry is spread over Canada, Mexico and the US. There are no 100% American made cars, Trump wants to change that in 1 month. Assuming all three counties throw 25% tariffs at each other, the price of new cars is going up by thousands of dollars in North America and it’s going to give the auto industry over there a migraine.
My spidey sense is saying we're at the start of a bear market. I base this on nothing but my spidey sense.
after seeing the glorious achievements of the Globalists in the EU and Japan ( not to mention the US before the people desperately turned to Trump , even some lifelong Democrats )Alan Kohler offers an analysis of where Trumps economic policies are taking the US.
Not happy.
To make America great, Donald Trump is undoing its greatness as global stock markets fall
By Alan Kohler
9h ago9 hours ago
Trump is overturning the 80-year world order in which America has actually been great. (Reuters: Leah Millis)
Link copied
It took a month of Donald Trump's chilling revolution for the stock market to start sneezing.
The main New York share index — the S&P 500 — began falling on February 19, 29 days after Trump's inauguration.
It has now dropped a bit more than 6 per cent while the more volatile Nasdaq is near a technical correction of minus 10 per cent.
That investors are rattled by the uncertainty over tariffs and looming trade wars is hardly surprising. But a lot of economists are now predicting an economic slowdown — if not recession — in the United States, and US shares are priced for endless growth, so they're vulnerable.
But it was Trump's reaction to the stock market slump that was really telling.
When asked if it was his tariffs that caused the market to fall, the president said it was "globalists".
"Well, a lot of them are globalist countries and companies that won't be doing as well, because we're taking back things that have been taken from us many years ago. I think it's globalists that see how rich our country's going to be, and they don't like it," he said, using the word many times in an hour-long press conference in the Oval Office.
It's unclear whether the globalists are the investors or the companies, or whether he was using the word in the way that the American Jewish Committee has described it, that is as "a coded word for Jews who are seen as international elites conspiring to weaken or dismantle "Western" society, using their international connections and control over big corporations".
In any case, what's most important for Australia — and the entire Western world — is that America has fallen to anti-globalists, and they are carrying out a deep regime change in the style of an autocratic takeover.
America's future hinges on one important question
What's most important for Australia — and the entire Western world — is that America has fallen to anti-globalists, and they are carrying out a deep regime change in the style of an autocratic takeover.www.abc.net.au
The solution to this is rail. Outside new york americans have a massive aversion to rail. Massive.A few months back, I was listening to a y-tuber that interviewed an automotive parts producer in Mexico, and they said it was a huge job just loading the machinery up on trucks and moving it to the states, and much of it wouldn't be viable as it's outdated or getting old.
Then the other problem they'll have is transferring experienced labour, trying to get work visas and so on.
All part of the big secret plan from GOP, make stuff up as they go along and hope for the best.Trumpeter have been blowing his trumpet throughout his Life Performance with a RED TIE telling us...If he reached that Lincoln's seat, he can create The Red Sea...Part it n walk across..He proclaims......I am The Greatest... first part of the story... create The Red Sea n Name the sea.
What The Almighty can do, he can do too...Part the sea n walk across???
So, I take it that the consensus is that Mr. Trump has, how should I put it, "over reached".
To be contrarian, he has been accused of this many times before and has come out of it smelling sweet as. I don't see a crash just yet. I may prise open my portefeuille d'argent.
gg
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