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The tariffs are being paid by Americans. Why is that a surprise?
(discuss.online)
People tweeting stuff. We allow tweets from anyone.
RULES:
Most of the population in the US is about to recieve an object lesson in the global nature of modern manufacturing.
This goes well beyond where the raw materials for the final product are sourced from.
Machine components such as bearings. PPE and the polymer feedstock for ear plugs. Wire. The insulation for the wire. Semiconductors. Cutting tools. Etc.
There probably are domestic sources for a lot of these things, but that comes at a premium.
During COVID, I was biting my nails. I still wonder how close we came to global manufacturing collapse due to JIT failure.
If manufacturing collapses in the US, it will take decades to dig out of that hole. It could be something small like the lack of a plasticizer addtive. For the want of a nail and all that.
What's really scary, is that whether or not the tariffs go through, suppliers have already drastically reduced imports. They did it months ago when this bullshit started. It's just now starting to have an impact and will do so for months even if TACO bactracks today.
Commander Orangey McFucknutts may potentially crash manufacturing and the economy with it. It could be a Humpty Dumpty. I don't think most people understand how bad that would be. Starvation, widespread foreclosures and reposessions. Great Depression level stuff, but most of us aren't farmers anymore.
I wonder if this is why Epstein has suddenly, finally, become such a big deal. (Think about it, now it's news even though the facts being reported have been public knowledge for a decade.) It's the billionaire class warning him to knock this shit off.
Buckle up, it might get a little rough.
Maybe he hopes the recession will hit when the next president takes office, so he will be able to say „look, they broke the country!“
He lacks the foresight for that. My crystal ball says we may see a recession by the end of the month if we're not already in one now.