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Apr 9 2025 08:16am
agreed mostly, but bottom 20% AND top 20%. given the catastrophic behavior of the markets. the true top 1% wont care, they'll be the ones taking out subprime loans to build factories and create more generational wealth. but just plain old wealthy people with high % of wealth in the market are gonna feel it even if it wont make them homeless.


They will feel it, but they still get their silk sheets. The magnitude of suffrage one goes through between dropping a thread count on your pillow case vs crying in the bathroom everyday while you put your plastic grocery bags in your steel toe boots and go work a slaughter line only to not be able to put food on the table is very different.
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Apr 9 2025 08:31am
in theory whoever is winning the trade deficit should easily win a tariff war, they import less USA goods so hits them less hard. in reality they're so reliant on USA exports that even if we can't stop buying from them entirely, or even mostly, any percent of lost demand hits them hard none the less.

it will be interesting to see who blinks first, and if congress steps in to remove tariff authority from Trump.


They aren't reliant on US exports the way that you think they are. You are thinking about the people, not the government

China is a dictatorship and can kill their economy at will. A recent example is their 3 red lines policy which caused a global recession due to the massive real estate bankruptcies they inflicted on themselves

The US is divided and will face a massive left vs right conflict if they tank the economy
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Apr 9 2025 08:33am
They will feel it, but they still get their silk sheets. The magnitude of suffrage one goes through between dropping a thread count on your pillow case vs crying in the bathroom everyday while you put your plastic grocery bags in your steel toe boots and go work a slaughter line only to not be able to put food on the table is very different.


i dont think silk sheets is all they'll lose. most people in that category use investment as passive income to enrich themselves entirely, then reinvest it into more, and snowball wealth. they didnt just lose gains, they lost an entire income stream. could be they'll pivot to gold, real estate, etc.

honestly i think we may find the poor are simply better at buckling down than the rich. people who already aren't used to having much may find it easier than people who are used to extreme wealth and all the benefits of that.

but hey im over here in the middle class just enjoying the show in the short run while gleefully seeing the best discount on my Roth IRA ive gotten since starting it. as this draws on it may cause a lot of issue that hit even me, but with how fast it's moving we may see an end tomorrow, next month, or never. the scariest things is how early this is happening in the Trump presidency, we've got 3 years he could carry on.

They aren't reliant on US exports the way that you think they are. You are thinking about the people, not the government

China is a dictatorship and can kill their economy at will. A recent example is their 3 red lines policy which caused a global recession due to the massive real estate bankruptcies they inflicted on themselves

The US is divided and will face a massive left vs right conflict if they tank the economy


many authoritarian regimes have said the same thing. some proved right, basically starving their population into complete compliance (North Korea), other get overthrown after the hungry bellies cant take it anymore. i think china has the ability to weather the worst of it, but time will tell.

This post was edited by thesnipa on Apr 9 2025 08:34am
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Apr 9 2025 08:49am
It all boils down to who can endure longer in this trade war.

- U.S. imports from China are largely consumer-focused—smartphones, personal computers, and the like.

- China's imports from the U.S. are more business-oriented—machinery, mineral fuels, electrical equipment, aircraft (boeing), and so on.

If public dissatisfaction in the U.S. begins to affect Trump's approval ratings significantly, he may soften his stance.

If Chinese businesses start facing widespread closures, China might be forced to reconsider its position.

This post was edited by Arctis on Apr 9 2025 08:50am
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Apr 9 2025 09:12am
It all boils down to who can endure longer in this trade war.

- U.S. imports from China are largely consumer-focused—smartphones, personal computers, and the like.

- China's imports from the U.S. are more business-oriented—machinery, mineral fuels, electrical equipment, and so on.

If public dissatisfaction in the U.S. begins to affect Trump's approval ratings significantly, he may soften his stance.

If Chinese businesses start facing widespread closures, China might be forced to reconsider its position.


Its going to be employment in China vs QoL in the USA.

Trump does not even need actual meaningful change, he just needs a show of power that the USA has made China concede its position and this can all be over. Just a battle of egos.
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Apr 9 2025 09:21am
It all boils down to who can endure longer in this trade war.

- U.S. imports from China are largely consumer-focused—smartphones, personal computers, and the like.

- China's imports from the U.S. are more business-oriented—machinery, mineral fuels, electrical equipment, aircraft (boeing), and so on.

If public dissatisfaction in the U.S. begins to affect Trump's approval ratings significantly, he may soften his stance.

If Chinese businesses start facing widespread closures, China might be forced to reconsider its position.


US imports consoomer stuff that no one needs

China imports critical materials and food

This is really a no-brainer.
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Apr 9 2025 09:26am
US imports consoomer stuff that no one needs

China imports critical materials and food

This is really a no-brainer.


Right. Sure worked out for the USA last round. Lets fuck farmers, round 2. https://gjia.georgetown.edu/2022/10/26/policies-and-politics-effects-on-us-china-soybean-trade/

China is the United States’s largest agricultural export market and soybeans are a critical segment of US-China trade. Prior to the 2018 trade war, US soybean exports to China had grown much faster than the United States’s overall global exports, reaching $1 billion in 2000, and $14 billion in 2016 —representing 62 percent of all US soybean exports that year. After President Donald Trump took office in 2017, trade tensions accelerated. US soybean exports to China began to fall and, in 2018, as trade tensions escalated into a full-scale trade war, exports fell sharply to $3.1 billion (18 percent of US soy exports) from $12.3 billion (63 percent of US soy exports) in 2017.

China turned to Brazil, the largest soybean exporter to China, to replace America’s supply. Soybean planting areas in the United States dropped to 76.1 million acres in 2019, a 15.5 percent reduction from 2017 and 2018. With no imports in November 2018, China’s imports of US soybeans resumed partially after the temporary agreement between the two countries signed on December 1, 2018 at the G20 Summit in Buenos Aires, Argentina. At that meeting, China agreed to buy agricultural and energy products from US farmers. Despite these claims, the countries failed to finalize the negotiations within the designated time (90 days). As a result, on May 10, 2019, the United States increased tariffs on $200 billion worth of Chinese goods from 10 percent to 25 percent.

The US tariffs aimed to protect American companies, but the outcomes were not positive as expected. US exports are estimated to have declined by $32 billion, costing industries some $2.4 billion per month in lost exports. As a result, companies had to pay lower profit margins, cut wages and jobs, and increase prices.

Regarding agricultural products, US exports dropped by $27-$30 billion between mid-2018 and the end of 2019. The main commodities affected were soybean, sorghum and pork. Farmers lost a very profitable market in China calculated at $24 billion. During the 115th and 116th Congressional Hearings in 2018 and 2019 respectively, American soybean farmers testified to rising debts, increased costs of production and declining farm incomes in the industry. In July 2019, a representative in the Committee on Small Business US Congressional Hearing discussed how the number of bankruptcies filed by farmers in 2018 was the highest in over a decade. These Congressional discussions on the economic downturns paved the way for the Family Farmer Relief Act, passed into law on August 23, 2019; the Family Farmer Relief Act gives family farmers greater protection in bankruptcy proceedings.

On January 15, 2020, the United States and China signed another agreement designed to improve the trade environment. Under the agreement, China committed to purchasing $200 billion worth of goods and services from the United States from 2020-2021. Specifically for agricultural and related products, China committed to an additional 12.5 billion purchases from the United States in 2020 over 2017 levels and an additional 19.5 billion in 2021 over 2017 levels. By December 2021, however, China had purchased products that represented 59 percent of the commitment excluding the extra $200 billion of US exports. China progressed more with agricultural purchases: China’s purchase represented 83 percent of the Phase One commitment.

Despite these commitments, China did not purchase American goods and services as agreed. The trade war also did not generate benefits for US industries. Policy interventions were, and are, still necessary to improve the trade environment between the two countries.

This post was edited by SBD on Apr 9 2025 09:26am
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Apr 9 2025 09:28am
Right. Sure worked out for the USA last round. Lets fuck farmers, round 2. https://gjia.georgetown.edu/2022/10/26/policies-and-politics-effects-on-us-china-soybean-trade/

China is the United States’s largest agricultural export market and soybeans are a critical segment of US-China trade. Prior to the 2018 trade war, US soybean exports to China had grown much faster than the United States’s overall global exports, reaching $1 billion in 2000, and $14 billion in 2016 —representing 62 percent of all US soybean exports that year. After President Donald Trump took office in 2017, trade tensions accelerated. US soybean exports to China began to fall and, in 2018, as trade tensions escalated into a full-scale trade war, exports fell sharply to $3.1 billion (18 percent of US soy exports) from $12.3 billion (63 percent of US soy exports) in 2017.

China turned to Brazil, the largest soybean exporter to China, to replace America’s supply. Soybean planting areas in the United States dropped to 76.1 million acres in 2019, a 15.5 percent reduction from 2017 and 2018. With no imports in November 2018, China’s imports of US soybeans resumed partially after the temporary agreement between the two countries signed on December 1, 2018 at the G20 Summit in Buenos Aires, Argentina. At that meeting, China agreed to buy agricultural and energy products from US farmers. Despite these claims, the countries failed to finalize the negotiations within the designated time (90 days). As a result, on May 10, 2019, the United States increased tariffs on $200 billion worth of Chinese goods from 10 percent to 25 percent.

The US tariffs aimed to protect American companies, but the outcomes were not positive as expected. US exports are estimated to have declined by $32 billion, costing industries some $2.4 billion per month in lost exports. As a result, companies had to pay lower profit margins, cut wages and jobs, and increase prices.

Regarding agricultural products, US exports dropped by $27-$30 billion between mid-2018 and the end of 2019. The main commodities affected were soybean, sorghum and pork. Farmers lost a very profitable market in China calculated at $24 billion. During the 115th and 116th Congressional Hearings in 2018 and 2019 respectively, American soybean farmers testified to rising debts, increased costs of production and declining farm incomes in the industry. In July 2019, a representative in the Committee on Small Business US Congressional Hearing discussed how the number of bankruptcies filed by farmers in 2018 was the highest in over a decade. These Congressional discussions on the economic downturns paved the way for the Family Farmer Relief Act, passed into law on August 23, 2019; the Family Farmer Relief Act gives family farmers greater protection in bankruptcy proceedings.

On January 15, 2020, the United States and China signed another agreement designed to improve the trade environment. Under the agreement, China committed to purchasing $200 billion worth of goods and services from the United States from 2020-2021. Specifically for agricultural and related products, China committed to an additional 12.5 billion purchases from the United States in 2020 over 2017 levels and an additional 19.5 billion in 2021 over 2017 levels. By December 2021, however, China had purchased products that represented 59 percent of the commitment excluding the extra $200 billion of US exports. China progressed more with agricultural purchases: China’s purchase represented 83 percent of the Phase One commitment.

Despite these commitments, China did not purchase American goods and services as agreed. The trade war also did not generate benefits for US industries. Policy interventions were, and are, still necessary to improve the trade environment between the two countries.


It's just a matter of incontrovertible physics & biology. One does not need to engage in mental gymnastics. Physics dictates that equipment and machines need materials to be built & function, and biology dictates that people need to eat food.

Do farmers lose a market? Yeah. Can the US government subsidize them to make up the difference? Yeah.

This post was edited by El1te on Apr 9 2025 09:29am
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Apr 9 2025 09:30am
It's just a matter of incontrovertible physics & biology. One does not need to engage in mental gymnastics. Physics dictates that equipment and machines need materials to be built & function, and biology dictates that people need to eat food.

Do farmers lose a market? Yeah. Can the US government subsidized them to make up the difference? Yeah.


So we're fucking our domestic business to hopefully bring back automated manufacturing business.

Good plans. Can almost see why it worked out so well last time with the USA.

This post was edited by SBD on Apr 9 2025 09:33am
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Apr 9 2025 09:37am
So we're fucking our domestic business to hopefully bring back automated manufacturing business.

Good plans. Can almost see why it worked out so well last time with the USA.


Automation is the future
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