Message from @Dr.Wol

Discord ID: 449551702224535553


2018-05-25 12:23:33 UTC  

wait, Totalbiscuit kicked the bucket?

2018-05-25 12:23:51 UTC  

Yeah

2018-05-25 12:23:53 UTC  

Yesterday

2018-05-25 12:24:04 UTC  

Not even a huge fan of the guy and I still can't believe it.

2018-05-25 12:24:34 UTC  

i didn't know he was THAT far gone, i only recently learned it was declared that he's no longer chemo-able

2018-05-25 12:24:38 UTC  

due to immnity

2018-05-25 12:25:37 UTC  

what is NK doing? this doesnt look nuclear tho https://twitter.com/Ruptly/status/999962136402104320?s=20

2018-05-25 12:26:02 UTC  

maybe a nuclear fart

2018-05-25 12:26:36 UTC  

PR move probably

2018-05-25 12:26:52 UTC  

"lets just blow a few holes in the already destroyed testing facility"

2018-05-25 12:26:54 UTC  

Putin, Macron, Christine Lagarde, China VP and Shinzo Abe are all in the same place right now

2018-05-25 12:30:19 UTC  

Putin just now - "Today we need not trade wars but trade peace."

2018-05-25 12:30:37 UTC  

he no likey sanctions methinks

2018-05-25 12:31:18 UTC  

of course not

2018-05-25 12:34:23 UTC  

so, what they all don't want to pick an economic fight with daddy Murica? 😛

2018-05-25 12:35:05 UTC  

😃

2018-05-25 12:35:12 UTC  

seems like its getting to him

2018-05-25 12:35:28 UTC  

although its never really been that much of a problem

2018-05-25 12:36:52 UTC  

maybe he and china are not getting along as well as he wished, so he has not enough foreign markets to sell to

2018-05-25 12:36:59 UTC  

i was talking to someone high up in credit suisse London... and the UK arm cant deal with russia... so they set up a meeting that coinsides with a russians meeting in switzerland... they arent allowed to set the meeting up directly.. but if they find each other in switzerland its "not against the rules"

2018-05-25 12:37:58 UTC  

@Grenade123 Maybe trumps tarif war with china is making them up the prices with russia

2018-05-25 12:38:34 UTC  

you mean to tell me tariffs are helpful to no one? who knew

2018-05-25 12:39:13 UTC  

well it goes both ways.... Russia is dying to sell to china.. so a trade war with china-us is good for them

2018-05-25 12:39:47 UTC  

true, but can they supply what china is losing to US?

2018-05-25 12:40:32 UTC  

russia says they are "ready with their piggies"

2018-05-25 12:41:37 UTC  

i'll see it when it happens, NK is also ready with their skeleton piggies :p

2018-05-25 12:42:42 UTC  

theyll not be like them belgian blue's eh?

2018-05-25 12:44:22 UTC  

but selling is not the problem, its buying. Tariffs raise the price of goods from china. china can't sell those things as easily, so they need to sell elsewhere, presumably where they were not making as much money. so they raise prices there. which if they were selling to russia, means now prices in russia are raising.

2018-05-25 12:45:57 UTC  

yes, and hence, they're calling for no more trade wars, so that doesn't go up

2018-05-25 12:46:23 UTC  

exactly. we impose tariffs, so prices raise EVERYWHERE

2018-05-25 12:46:27 UTC  

including here

2018-05-25 12:46:50 UTC  

wait wait wait....does this mean trump is technically winning his trade war?

2018-05-25 12:47:08 UTC  

well, the idea is

That if the prices in US are higher, some company will rise to fill the market with a better price, so the production is based in America, and prices no longer rise in the US

2018-05-25 12:47:19 UTC  

as well as more jerbs

2018-05-25 12:48:19 UTC  

thats not how it works

2018-05-25 12:48:32 UTC  

or, both sides then agree to drop tariffs again, so that the US can export more

Cuz as i understand it, the US demanded 0 tariffs, but China did demand it

2018-05-25 12:49:12 UTC  

it isnt?

2018-05-25 12:49:26 UTC  

if you could make enough steel, at the same or lower price as foreign imports, then they would be. Because just the cost of shipping means local industry should have advantage assuming they can go toe to toe in production volume at the same cost.

2018-05-25 12:50:09 UTC  

ive only seen good vibes and words spoken about TB on twitter and in twitch chat... which the latter is a real rare one

2018-05-25 12:50:45 UTC  

TB left us without an answer to the Trap question!

2018-05-25 12:52:27 UTC  

so if you artificially raise the cost of foreign imports of that steel, prices can only raise for a few reasons 1) at first there is less supply at that lower costs at first, so we have price increases almost like there was a shortage until the lowest cost produces increase production to take up the slack. Which can take a couple of years. but even then, the prices will not fall back to before the tariff.