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Joined 2 years ago
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Cake day: June 23rd, 2023

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  • Your right. It could be both. I mean, my wife said to me the other day that she heard Trump was doing the tariffs to lower the bond interest rates. I said while in some types of recessions that’s true, that wouldn’t work in this case and you’d have to be an idiot to think it would. Sure enough the next day Trump puts a stay on tariffs to most of the world because the bond market got rocked. All I could think of is omg, are they really that fucking stupid?


  • I wish it was that. No, this is actual evil, not incompetence. Trump has turned the US economy into the largest pump and dump scheme ever. Worse, he’s bragging about how his friends made billions. I can’t even believe this is happening. I’m in utter shock. I knew Trump would be bad, but straight up flaunting corruption like it’s a joke and even bringing the SCOTUS on board with this. I’m just gob smacked.



  • Joncash2@lemmy.mltoTechnology@lemmy.world*Permanently Deleted*
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    30 days ago

    You don’t understand. Chinese companies have been preparing for this for almost a decade now thanks to US policies. Here’s manufacturing locations just for Moto.

    https://motosmartphones.com/where-are-motorola-phones-made/

    How much is it really made in Brazil? Enough to by pass the tariffs.

    This is transhipment. China has been building an enormous transhipment network with those countries heavily dependent on Chinese heavy machinery and services. They expected this, they prepared for this. It’s the US companies that tried to obey their own countries rules that are susceptible. Even Samsung has been working with China to create these networks. Soon, I would estimate, Apple will as well. The problem is, if you thought Tik Tok was a national security issue, forcing every US company to use Chinese logistics to fight your own countries tariffs…