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Joined 1 year ago
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Cake day: August 23rd, 2023

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  • It’s going to be fun explaining to MAGA why electricity and Natural gas prices in the US rise dramatically in the next three years.

    We have extremely low prices compared to the rest of the world mostly because a lot of our gas is kept domestically. Believe me energy companies would export if they could but we don’t have enough infrastructure to service the global market and the Biden administration has dragged its feet approving that infrastructure to keep prices low and satisfy environmentalists.

    By promoting our domestic gas for export and removing regulations keeping export infrastructure from being built we will be raising our own prices at home…

    Dumb fucks.














  • Not really, Demographics is the fundamental reason why you are seeing tariff’s come back in vogue. People under 45 are the main consumers of goods as they are establishing households, raising kids etc etc. The population of Millennials and Gen Z across the globe is not large enough and is not forming households fast enough to consume and/or support the production capacity that we are capable of.

    This is why China is seeking to export their way out of their current economic crisis. The population of Chinese 40 and younger is much smaller and shrinking at the fastest rate in history, even faster than Japans population in the 90’s. They don’t have enough consumers to buy the things they are making. They need foreign markets to maintain their industrial base and export their way out of the financial crisis they are facing.

    Europe also has varying degree’s of the same issue. The Millennial and Gen Z populations are much smaller than older populations meaning that they also can not consume the products they are making.

    The US and North America as a whole is the only major “rich” market that has a large Gen Z and Millennial population that can replace the boomers. The US (and most of the world by extension) has seen the risks of putting all of your production in one basket (China) during covid and is seeking to build out it’s industrial base in North America to home shore much of it’s production and logistical chain. The Inflation reduction act was pivotal to starting this process. It’s expensive and will take a few decades to complete. However North America can’t build out its industrial base if China and to a much lesser extent Europe dump products on our markets. Hence tariff’s and trade disputes.

    I don’t think Trump is going to put sky high tariffs on Mexico, Canada, they are critical trade partners and are essential to building out our industrial capacity in North America. But I do think he is looking for concessions from them. During Trumps first term he renegotiated NAFTA, essentially putting same agreement in place with a few small tweaks and called it his own. I think he will do the same here.

    Europe is a different story, the US doesn’t need them to build out our industrial base. The US wants to protect Boeing and a few key industries so I expect there to be some conflict and even a trade war to get them.

    China is a different story, I don’t think anyone from either party want to do business with them. The US through two separate administrations has been kneecapping their economy since the end of the Obama era. High tariff’s from the US and Europe will essentially strangle their economy and put the final nail in their coffin. They would never make the leap to an advanced economy or get out of their current financial crisis.

    At the same time I think high tariff’s on China would also increase the chances that we will see some kind of direct conflict over Taiwan in the next ten years. If China see’s that their economy and production capacity is going to nose dive over the next decade then the calculus for making a attempt at reunification becomes much different.

    In the near term, prices are going up. Consumers who voted Trump looking for cheap gas and eggs are going to get fucked.


  • Greedflation worked because the consumer could absorb price increases to a certain extent after Covid.

    While greedflation will be a factor this time around. I don’t think it will be as prominent as it was post covid. The consumer is tapped out and is just not buying anymore. People are not going to buy electronics at 60% or higher prices. They will go cheap or just do without.

    Trump is either using the threat of tariffs as a negotiating tactic to get something out of our trade partners or Trump will repeat history and be like Hoover. We’ll have a stock market drop, rampant stagflation and a Recession / Depression on his watch.




  • I’ve considered Linux. I work in IT and I know I could figure it out and adapt to it. The problem is my kids and my wife would also need to use it.

    To give you some perspective on my decision making process. My wife (who is of the age where she really should be able to figure tech out.) can’t seem to figure out how to print from her phone and complained about how difficult IOS is compared to Android when we switched a few years ago. My kids run to me for all things tech and I usually have to figure out their problems. I’m always genuinely surprised my teenage son hasn’t made an effort to hack the application which restricts his time and access to his gaming computer (I would be secretly proud of him if he did).

    So for my own piece of mind I’ll pay the 2x multiple for Apple hardware just so I don’t have to deal with learning a new OS while my family comes to me for basically every tech issue.