patrick.net

but quality

only a temporary solution.

The amount of cheap shit people, esp. womyn (clothes!) buy is insane, so many hoarders

mell says

only a temporary solution.

Tell that to the nations that have tariffed our ass for fucking decades.

But I agree everything should be roughly reciprocal

mell says

The amount of cheap shit people, esp. womyn (clothes!) buy is insane, so many hoarders

I spend my weekends at yard/estate sales, picking for resale. Consumerism has turned pathological. Hoarder behavior is kind of the norm, 600 bucks worth of un-needed possessions filling boxes in the garage while 50k cars sit in the driveway exposed to the elements. 'Fast Fashion' is the ultimate expression of this, some clothes are worn just once or twice, and it comes at a huge environmental cost which is of course ignored by the loony-lefty women that are the main participants.

Right, the Triffin Dilemma.

If we want the world to use dollars, then we have to buy stuff from foreign countries so that they all have dollars.

Right, the Triffin Dilemma.

If we want the world to use dollars, then we have to buy stuff from foreign countries so that they all have dollars.

If we want the world to use dollars, then we have to buy stuff from foreign countries so that they all have dollars.

Consumerism has turned pathological.

Nowadays I can't tell the difference between most SUVs until I look at the logo. They're all the same, right down to the curvature on the sides.

The Outlander looks like the Grand Cherokee etc.

It's offensive as hell.

Yep, that is because of CAFE. Only so much you can do while keeping the air resistance low.

“The United States accounts for nearly 95% of our orders. It’s not a market we can afford to lose,” Ryan Zhou, who runs a novelty gift business in eastern China, said, as reported by the SCMP. Zhou is opening a new facility in Dallas next month as a result of a 90% tariff on Chinese shipments to the United States.

Zhu Ning, a consultant who advises Chinese firms on overseas expansion, says he’s handled more than 100 relocation inquiries in the last four months alone, a level of interest that was unheard of before Trump’s tariffs kicked in, per the SCMP.


These are not American companies coming back, but they are Chinese companies coming in to the United States for the first time. For years, they undercut American workers by exploiting loopholes and subsidies, leading to an influx of cheap goods and synthetic goods. Now they are scrambling to stay afloat.

MolotovCocktail says

This was shown to be propaganda. A local went down and vid showed the Seattle port full of container ships ready to be unloaded.

GM’s tariff “mitigation efforts” are largely focused on upgrading existing US factories to bring more production of vehicles, batteries, and components to the US.

CEO Barra outlined one of the projects for bringing production to already existing plants in the US as part of the tariff mitigation efforts:

“For example, the $4 billion of new investment in our U.S. assembly plants will add 300,000 units of U.S. capacity for high-margin light-duty pickups, full-size SUVs, and crossovers to help us greatly reduce our tariff exposure, satisfy unmet customer demand, and capture upside opportunities as we launch new models.

“The capacity begins coming online in just 18 months after which we project building more than 2 million vehicles in the U.S. each year as we scale.”

So these “mitigation efforts will take time to yield results, limiting their effect on the second quarter,” explained CFO Jacobson.

On the news that GM and suppliers are eating the tariffs, rather than consumers, and that GM is investing in the US to cut the costs of those tariffs – all good news for the US economy and for the precarious US fiscal situation, but not for shareholders – GM’s shares tanked 8.1% to close at $48.89.

But...BUT...we wuz told ONLY CONSUMERS PAY TARIFFS!

Because there is ~$70T in eurodollar deb

MBAs do not consult easily available and extremely accurate social metrics like Demographic data.

Another one is that all the stupid REITs and VC involved in housing are getting royally schlonged by reality. MBAs do not consult easily available and extremely accurate social metrics like Demographic data.

MolotovCocktail says

MolotovCocktail says

MolotovCocktail says

But I was assured tariffs would wreck the economy!