iPhone Assembly Workstation 1 Associate L1 sounds like a great alternative to mechanical engineering
I think the stock market is going to keep crawling lower. I was surprised by the recent uptick, which was based on nothing. Today down 1%. I expect a long, slow, downward trend that will get worse as economic data rolls in.
As for car dealers, A LOT of people just bought cars before the tariffs. A lot of car purchases just got frontloaded. It looks like some deals remain. However, once new car prices rise, people who have a choice between keeping the old ride for another year or three or getting a new car will keep the old. Youâre going to see a heck of a lot of sad dealerships. Production will get cut. I bet itâs already getting cut.
As for retailers, well, some of them frontloaded a lot of purchases. Thatâll last for a while but not forever.
Moi? There are certainly things here or there I may have ordered from China, but Iâm not going to now. Picking up this or that already in the US, but usually at a higher price. Not loving it.
I had been thinking of getting a Bambu 3D printer, but now that their prices are way up, nah. I can wait.
Unsure if this was already posted, but letâs just ship used car prices to the moon thenâŚ
Also a good read re: the EU. Have a feeling the tariff ârevenuesâ are going to go to bail out our basically-bk farmers, many of whom are in the find-out phase over the past several months. So to summarize, tariffs are a tax on the consumer, the revenue of which goes to subsidize industries harmed by trading partners as they reciprocate. Cool.
Itâs a consumption tax at the end of the day. Itâs rebranded VAT.
Aaaah, hand out to the base.
From my Econ classes, all these tariff talks bought back memories of:
âIn economics, âtariffs squaredâ is not a standard term. It likely refers to a situation where the impact of tariffs, particularly when they are retaliatory or when multiple tariffs are imposed, is amplified or compounded. This could involve increased prices, reduced trade, and potential negative consequences for consumers and producers. â
Squared" Effect:
âThe âsquaredâ concept suggests that the negative effects of tariffs, including higher prices, reduced trade, and potential retaliatory actions, are not simply linearly related to the tariff rate but are amplified or compounded, possibly leading to more significant negative impacts than expectedâ.
I donât know what the future holds, but I heard Jay Powell say the dreaded word today⌠STAGFLATION. Thatâs one of the few things that will scare him more than inflation itself, so buckle up. Heâd rather bring inflation back before he let stagflation dig deeper.
5 posts were merged into an existing topic: Off-Topic Landfill 6
More nonsensical flagging and landfillingâŚso make sure you do not ever tell it like it is.
Only seems to be flagged posts these days here, sad times, the flaggers seem to have lost the ability to add an actual counter, beyond simply the flagging.
Kind of like 145% becomes 80% because⌠erm⌠it sounds about right⌠right?
Right guys?
Oh, dammit. Flagged again. You guys are always winning, dammit, best flaggers in the world ![]()
Notice that the one getting flagged is on one side and yet posting a political qanon level youtube link is perfectly OK LOL.
But it really should not matter what side it is. None of it should be getting flagged anyway.
What I find strange is the unearned arrogance that many of these posts contain. Itâs hard to believe we have this many economic experts and some of these âinsightsâ are hilariously one sided. From both sides.
Donât get me wrong Iâm here for the entertainment, but letâs be real. This is like watching an economist describe how to hack an Urus. ![]()
Whatâs the point of levying 145% tariff just to lower it to 30% on preliminary discussion and probably ending up around 10% like UK. Is there any realistic alternative outside of higher inflation and lower growth? Is 10-15% tariffs enough to bring manufacturing to the US?
Is increasing price of imported good by 10-15% lower our groceries bill? Winning. ![]()
He will use the bounties he got from Tariffs as a revenue to offset his tax cut policy. The tariff negotiation will also present another opportunity to get a bribe as well. Bringing manufacturing back to US, getting a fair trade are just bully pulpit to give to his base.
This is a big, huge, tremendous win for the US! Everyone will have the privilege to feel bougie paying Whole Foods pricing without shopping at Whole Foods.
But it doesnât look like we will be getting the fancy iPhone assembly titles to come along with it.
Qsuites on Air Force One, anyone? lol
Also pretty sure the Qataris did that out of the goodness of their hearts, nothing asked for in return. Tzedakah, if you will.
What kind of golf course cost $5.5 Billion? is the grass made of gold?