Who needs external trade? Not Americans. Our main market and the world’s main market is America. Our market is internal. In terms of resources yes including human capital and resources we could be autarky, we really could build a 360 degree wall and shut out the world and do just fine.
Since America seems to be only about the stock market, get out of the market or short it.
I grew up in the Rust Belt wearing Hand me Downs and have started over at least twice career wise and been up and down.
Yes the fake and ghey are falling away and we’re going to be a real country and real economy again.
The market hasn’t existed since 2006 ARM reset that was hidden 2 years- at the latest. Any intrusion of reality sets off hysteria. Such as now.
'Free traders' have had 50 years to propose and implement corrections to America's trade policy. Now they want to tell how to fix it. Too little, too late.
Where was it reported that a 25 year old staffer used chatGPT to come up with this plan?
I saw tweets getting reposted where a very subcontinental surname asked all the LLMs to come up with a trade plan and they all came up with a similar plan, which according to Pajeet must mean Trump used an AI! Bu that doesn’t mean a staffer used AI to come up with the plan.
The AIs memorize consensus textbook thought. So if three competing AIs all came up with the same plan, that tells me that any President aside from Heath Ledger would get the benefit of the doubt. But of course, only President Ledger is capable of executing such a chaotic plan.
Nobody in this admin can figure out if the goal is more/fairer trade, or less trade (to force re-shoring of manufacturing and generate revenue). What a pointless mess.
and exactly who the fuck are our allies? Europe? they have been free loading on our military for decades and putting up enormous non-tariff and tariff barriers to our goods too. Israel?... well no. Mexico? no they willingly allow their country to be a conduit for criminal illegals from all over the world to pass through to invade the us. mostly out of pure spite. also they are conduit for drugs to the us from China . nice friend we got there. When the game is too dirty, sometimes you just have to flip the table over and start anew.
Bad, shitty article, consonant with your Twitter posts since Friday. I've heard of Dave Ricardo, yes. Once again you've added nothing to communal understanding, an extractor of attention.
Why buy the raw materials from Nigeria when America has massive supplies of raw material back home? I think the idea is to onshore everything - The industry, the raw materials, the services, everything.
Presumably you could spend millions of dollars building greenhouses so you could grow coffee in Missouri, but resources are finite, there are a thousand places you can buy raw coffee from so you're not terribly worried about supply chain stability, and instead of spending resources building greenhouses you could use them to build, eg, artillery shell factories or schools for drone operators or etc.
Yeah, entirely too early to call whether its' "good" or "bad", or what America will get out of it in the end. The fires are still burning in ashes of the old structure.
The critics are correct this has been chaotic and arbitrary, but I think that's the point. I also think Trump plans to repeat this volatility in 3 months or so
For starters, the author doesn't seem to grasp that attaching your nation to the rest of world means being at the rest of the worlds' mercy, to the degree you are attached. This is triply true for the 'service economy', which has been thoroughly pilfered by patent theft even before considering America could simply be cut out. As if only a White American could possibly *checks notes* program an iPhone, or design a car.
This is obvious when Oslo goes to unironically write: "When countries sell stuff to America, end up with dollars, buy American assets with those dollars (real estate, government bonds, and so on), and hire Americans to keep an eye on their money, that is a service export" This is how we got our greatest adversaries buying all of our farmland & holding all of our debt. The Chinese have ready-made spy posts they legally own next to military bases in the heartland. This isn't some esoteric or high-IQ take, what rock has Oslo been living under?
"Collecting the vig on invested oil money is arguably the entire point of American presence in the Middle East." Perhaps one of the best arguments ever made against allowing similar foreign investments anywhere our country.
Oslo thinks the fact headlines regularly contradict each other means the leadership of foreign powers won't negotiate? The continued existence of the-guy-who-supposedly-cuts-through-headlines shows this is a well-known fact of life. Foreign leaders will grasp this, unlike Oslo, or they are too dumb to be negotiated with.
This is strike one for permanently removing the American Sun from my inbox. What dark hole did you pull this one out of? Normally your guys are great. We need plan trusters, not bedwetters!
Trump is extremely happy to "attach your nation to the rest of world" by pivoting the economy to goods exports, although the effect of the policy he proposed would have been an industrial collapse. I guess you can decide whether you consider that a good or a bad thing - I see people defending the policy on both grounds on X.
He also loves foreign investment and having press conferences with foreign business guys who promise to build factories in the US. He also regularly points out how, eg, American tech companies are "treated very unfairly" by the EU. Unfortunately these concerns were not reflected in the policy, which, by the way, has nothing to do with the Chinese buying American farmland, something I never advocated.
Trump explicitly paused his own plan because the reaction to it was catastrophic, and, exactly as I hoped, has "walked this back into the original proposal" of fair trade with our allies as a prelude to negotiations (which started before the policy was proposed, btw) and freezing out China. I guess you are smarter than him though - why didn't he trust his own plan?
Firstly, I directly quote you in regards to foreign ownership of land. You can CTRL+F my quote, they are your own words. Any given foreign country owning land has the potential to be a China situation within 50 years.
Speaking of China, Trump obviously doesn't want their brand of sweatshop mercantilism here. Which means:
You're looking at exports backwards. Try looking at them rightside-up, that's a good starting point to correct your general viewpoint problems.
Foreign investments in factories is good, because those factories can't grow legs & move. They will continue to work as factories regardless of who controls them (we can just take off of hostile foreigners hands, if need be). Foreign-owned debt doesn't keep producing anything, & therefore undesirable.
Trump didn't want to address how Euro's treat American tech companies right now, obviously. You can stop assuming Trump is stupid now; or at least grant the Lord guides Orange Man's path.
You have no idea how negotiations work. Your want a used car, the guy selling wants $500 too much, you ask for $1000 & haggle to a $400 or $600 discount. Trump got a 10% general tariff, 125% tariffs on China, the world coming to his desk to negotiate. And he left the stock market on an upswing to boot. Actions speak louder than words.
Besides, why would Trump tell any of us his plan in the first place? "Hello, opponents? All enemies of America? I'm going to do X, & I have no better idea than to simply ask nicely that you not anything after I announce it. Pls no bully."
---
The TL;DR here is: you sound like a coin changer whose table Trump just flipped. This all just sounds like butthurt at "the rules" by which America was sold out being erased & rewritten.
25 year old staffer, ha! To be sure, we've been moving in this direction for decades; ever since education switched from teaching facts to improving self-esteem.
Who needs external trade? Not Americans. Our main market and the world’s main market is America. Our market is internal. In terms of resources yes including human capital and resources we could be autarky, we really could build a 360 degree wall and shut out the world and do just fine.
Since America seems to be only about the stock market, get out of the market or short it.
I grew up in the Rust Belt wearing Hand me Downs and have started over at least twice career wise and been up and down.
Yes the fake and ghey are falling away and we’re going to be a real country and real economy again.
The market hasn’t existed since 2006 ARM reset that was hidden 2 years- at the latest. Any intrusion of reality sets off hysteria. Such as now.
Day 5 of Tariffs , Chill out Denethor.
China indexes down 7.34% this morning.
Relax. It’s going to get worse.
Very sad neolib moment at American Sun.
'Free traders' have had 50 years to propose and implement corrections to America's trade policy. Now they want to tell how to fix it. Too little, too late.
Where was it reported that a 25 year old staffer used chatGPT to come up with this plan?
I saw tweets getting reposted where a very subcontinental surname asked all the LLMs to come up with a trade plan and they all came up with a similar plan, which according to Pajeet must mean Trump used an AI! Bu that doesn’t mean a staffer used AI to come up with the plan.
The AIs memorize consensus textbook thought. So if three competing AIs all came up with the same plan, that tells me that any President aside from Heath Ledger would get the benefit of the doubt. But of course, only President Ledger is capable of executing such a chaotic plan.
Nobody in this admin can figure out if the goal is more/fairer trade, or less trade (to force re-shoring of manufacturing and generate revenue). What a pointless mess.
Both, actually.
Yeah, it's low on goals. Such a great point
and exactly who the fuck are our allies? Europe? they have been free loading on our military for decades and putting up enormous non-tariff and tariff barriers to our goods too. Israel?... well no. Mexico? no they willingly allow their country to be a conduit for criminal illegals from all over the world to pass through to invade the us. mostly out of pure spite. also they are conduit for drugs to the us from China . nice friend we got there. When the game is too dirty, sometimes you just have to flip the table over and start anew.
Bad, shitty article, consonant with your Twitter posts since Friday. I've heard of Dave Ricardo, yes. Once again you've added nothing to communal understanding, an extractor of attention.
I didn't endorse Ricardoan free trade, but half the administration did.
Why buy the raw materials from Nigeria when America has massive supplies of raw material back home? I think the idea is to onshore everything - The industry, the raw materials, the services, everything.
Presumably you could spend millions of dollars building greenhouses so you could grow coffee in Missouri, but resources are finite, there are a thousand places you can buy raw coffee from so you're not terribly worried about supply chain stability, and instead of spending resources building greenhouses you could use them to build, eg, artillery shell factories or schools for drone operators or etc.
Then they need to buy American to keep things balanced.
DC Conservatives need to be barred from government until we find out what the HELL is going on!
This is Trump flipping the game board because he doesn't like the rules. The freakout now is negotiating what the new game looks like.
Yeah, entirely too early to call whether its' "good" or "bad", or what America will get out of it in the end. The fires are still burning in ashes of the old structure.
Disagree but intelligent analysis, good article.
The critics are correct this has been chaotic and arbitrary, but I think that's the point. I also think Trump plans to repeat this volatility in 3 months or so
Some basic issues leap out at me.
For starters, the author doesn't seem to grasp that attaching your nation to the rest of world means being at the rest of the worlds' mercy, to the degree you are attached. This is triply true for the 'service economy', which has been thoroughly pilfered by patent theft even before considering America could simply be cut out. As if only a White American could possibly *checks notes* program an iPhone, or design a car.
This is obvious when Oslo goes to unironically write: "When countries sell stuff to America, end up with dollars, buy American assets with those dollars (real estate, government bonds, and so on), and hire Americans to keep an eye on their money, that is a service export" This is how we got our greatest adversaries buying all of our farmland & holding all of our debt. The Chinese have ready-made spy posts they legally own next to military bases in the heartland. This isn't some esoteric or high-IQ take, what rock has Oslo been living under?
"Collecting the vig on invested oil money is arguably the entire point of American presence in the Middle East." Perhaps one of the best arguments ever made against allowing similar foreign investments anywhere our country.
Oslo thinks the fact headlines regularly contradict each other means the leadership of foreign powers won't negotiate? The continued existence of the-guy-who-supposedly-cuts-through-headlines shows this is a well-known fact of life. Foreign leaders will grasp this, unlike Oslo, or they are too dumb to be negotiated with.
This is strike one for permanently removing the American Sun from my inbox. What dark hole did you pull this one out of? Normally your guys are great. We need plan trusters, not bedwetters!
Trump is extremely happy to "attach your nation to the rest of world" by pivoting the economy to goods exports, although the effect of the policy he proposed would have been an industrial collapse. I guess you can decide whether you consider that a good or a bad thing - I see people defending the policy on both grounds on X.
He also loves foreign investment and having press conferences with foreign business guys who promise to build factories in the US. He also regularly points out how, eg, American tech companies are "treated very unfairly" by the EU. Unfortunately these concerns were not reflected in the policy, which, by the way, has nothing to do with the Chinese buying American farmland, something I never advocated.
Trump explicitly paused his own plan because the reaction to it was catastrophic, and, exactly as I hoped, has "walked this back into the original proposal" of fair trade with our allies as a prelude to negotiations (which started before the policy was proposed, btw) and freezing out China. I guess you are smarter than him though - why didn't he trust his own plan?
the first thing the Chinese bought was our politicians . that's why our government makes war on its citizens.
Firstly, I directly quote you in regards to foreign ownership of land. You can CTRL+F my quote, they are your own words. Any given foreign country owning land has the potential to be a China situation within 50 years.
Speaking of China, Trump obviously doesn't want their brand of sweatshop mercantilism here. Which means:
You're looking at exports backwards. Try looking at them rightside-up, that's a good starting point to correct your general viewpoint problems.
Foreign investments in factories is good, because those factories can't grow legs & move. They will continue to work as factories regardless of who controls them (we can just take off of hostile foreigners hands, if need be). Foreign-owned debt doesn't keep producing anything, & therefore undesirable.
Trump didn't want to address how Euro's treat American tech companies right now, obviously. You can stop assuming Trump is stupid now; or at least grant the Lord guides Orange Man's path.
You have no idea how negotiations work. Your want a used car, the guy selling wants $500 too much, you ask for $1000 & haggle to a $400 or $600 discount. Trump got a 10% general tariff, 125% tariffs on China, the world coming to his desk to negotiate. And he left the stock market on an upswing to boot. Actions speak louder than words.
Besides, why would Trump tell any of us his plan in the first place? "Hello, opponents? All enemies of America? I'm going to do X, & I have no better idea than to simply ask nicely that you not anything after I announce it. Pls no bully."
---
The TL;DR here is: you sound like a coin changer whose table Trump just flipped. This all just sounds like butthurt at "the rules" by which America was sold out being erased & rewritten.
25 year old staffer, ha! To be sure, we've been moving in this direction for decades; ever since education switched from teaching facts to improving self-esteem.