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[-] duderium@hexbear.net 4 points 59 minutes ago

Counter prediction: he does it, the economy gets worse but does not collapse, and things just continue to slowly get shittier.

[-] Murple_27@lemmy.ml 1 points 30 minutes ago

This will be funny when it bankrupts my employer because they can't pay to import any of the components we need to make anything at a +30% markup.

[-] ManFreakBeast@hexbear.net 6 points 1 hour ago

Lathe time: by some bizarre set of circumstances this actually makes the US economy better and everyone loved Trump (extremely unlikely but hey, we live in strange times).

[-] CyborgMarx@hexbear.net 1 points 1 hour ago

Do it coward!

[-] coolusername@lemmy.ml 6 points 2 hours ago
[-] Elle_Emperor@hexbear.net 1 points 1 hour ago

this'll have to be argued down, if he tries to do this the american economy will collapse

or worst possibility china concedes on a bunch of stuff like pushovers

[-] GrouchyGrouse@hexbear.net 7 points 3 hours ago

Okay so if his goal (as his followers interpret it, not what he believes, because whatever is rattling around his head is like blonde celebs from the 80s and 90s, the desire to eat a McDonald's meal, racism, and some sort of deeply nested insecurities his parents put there) is economic protectionism, this will surely backfire and trash the economy like brexit on steroids. This is like sawing off your legs to make you a faster runner.

There is no way the key holders of the government and economy will let him do this. Unless this is their final plan to Shock Doctrine the USA and firesale everything not nailed down and implement actual feudalism but I somehow doubt they have the stomach to pitch the country into a 40 year recession to do it. Somebody has to know that there aren't enough raw resources to claw back from this on a time frame that isn't shit their grandkids will inherit and not themselves.

Either way this is going to wreck so much shit so I have lots of doubts

[-] HamManBad@hexbear.net 1 points 2 minutes ago

this is their final plan to Shock Doctrine the USA and firesale everything not nailed down and implement actual feudalism

Yes, they have said loudly and explicitly that this is the goal

[-] Collatz_problem@hexbear.net 31 points 6 hours ago

Critical support for comrade Trump in his war on American Empire.

[-] jackmarxist@hexbear.net 10 points 5 hours ago

Strongest Vanguard of the Revolution

[-] SwitchyWitchyandBitchy@hexbear.net 21 points 6 hours ago

I suddenly realized I need to order a lot of stuff from Aliexpress.

[-] CliffordBigRedDog@hexbear.net 17 points 6 hours ago
[-] miz@hexbear.net 40 points 8 hours ago* (last edited 8 hours ago)

fuck-around this will absolutely wreck the US economy, which is why I don't think they'll let him do it

[-] hexaflexagonbear@hexbear.net 16 points 7 hours ago

John Roberts gonna dome him at the inauguration level blunder.

[-] UmbraVivi@hexbear.net 5 points 3 hours ago

secret service gonna look the other way as UlyssesT offs him

[-] BeamBrain@hexbear.net 27 points 7 hours ago
[-] Yukiko@hexbear.net 24 points 8 hours ago

Canada?! Why the hell would he do that to Canada of all places? None of this makes any sense whatsoever. The US doesn't have the manufacturing capacity to do anything for itself. It's just going to make consumer goods ungodly expensive.

[-] OgdenTO@hexbear.net 24 points 7 hours ago

Canada spent the last 80 years basing policy and trade directly in support of American interests. At the expense of building trade agreements with China and even europe. Canada is fucked with tariffs. It's going to throw us into a recession as all prices will be going up. We get most of our stuff from the USA.

[-] coolusername@lemmy.ml 3 points 2 hours ago* (last edited 2 hours ago)

you guys should uncoup yourselves. i dont think the US would dare invadee or embargo Canada due to optics anyway

[-] JayTreeman@hexbear.net 8 points 5 hours ago

Canada is already in a recession, if you take housing out of the calculation. Because of our housing situation, it'll probably do some absolutely bonkers depression type thing.

[-] OgdenTO@hexbear.net 14 points 7 hours ago

Shit, the US put tariffs on softwood lumber and that increased our lumber prices like 500% a couple of years ago.

[-] hexaflexagonbear@hexbear.net 17 points 7 hours ago* (last edited 7 hours ago)

Both Canada and Mexico doesn’t make sense. NAFTA has made it that supply chains in those countries are heavily reliant on crossing the border. Like I think cars manufactured on the continent have parts that cross the border multiple times. It’s gonna be like a fucking compounding tax on cars lmao.

A pickup is gonna cost like as much as a house.

[-] BodyBySisyphus@hexbear.net 14 points 5 hours ago

Critical support for getting those monstrosities off the road.

Canada is actually a major source of US fent

[-] GaveUp@hexbear.net 13 points 7 hours ago

Trump's a big fan of the NHL and hates how many Canadians the American teams import

[-] Elle_Emperor@hexbear.net 13 points 7 hours ago

It does seem quite strange, but reactionaries, especially US republicans, are not known for being sane.

[-] InevitableSwing@hexbear.net 25 points 8 hours ago

He said he would impose a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China, as one of his first executive orders.

For me the scariest thing is that if he did that or even half of that - it would damage the economy but - of course - he will escape blame by the republicans. And many independents too? He'll spew hateful/toxic lies and create scapegoats (for example - "globalists") and a large percentage of Americans will believe him or sort of believe him or pretend to believe him.

[-] mkultrawide@hexbear.net 33 points 8 hours ago

I'm not sure about that. There are loyalists on each side who are ride or die no matter what, but whoever is in office tends to take the blame for a bad economy regardless of whether or not it's their fault.

[-] Coolkidbozzy@hexbear.net 18 points 7 hours ago* (last edited 7 hours ago)

Although this would fuck everyone over, it could also put us into a revolutionary situation. A far-right government is doing it, so the left has every opportunity to seize the moment. This is still very scary, but all is not lost

[-] Murple_27@lemmy.ml 1 points 29 minutes ago

Question is do the Liberals get to take credit for it? If they do, then things get fucky again.

this post was submitted on 26 Nov 2024
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