Message from @wacka
Discord ID: 449552894526488587
what is NK doing? this doesnt look nuclear tho https://twitter.com/Ruptly/status/999962136402104320?s=20
maybe a nuclear fart
PR move probably
"lets just blow a few holes in the already destroyed testing facility"
Putin, Macron, Christine Lagarde, China VP and Shinzo Abe are all in the same place right now
Putin just now - "Today we need not trade wars but trade peace."
he no likey sanctions methinks
of course not
so, what they all don't want to pick an economic fight with daddy Murica? 😛
😃
seems like its getting to him
although its never really been that much of a problem
maybe he and china are not getting along as well as he wished, so he has not enough foreign markets to sell to
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"
@Grenade123 Maybe trumps tarif war with china is making them up the prices with russia
you mean to tell me tariffs are helpful to no one? who knew
well it goes both ways.... Russia is dying to sell to china.. so a trade war with china-us is good for them
true, but can they supply what china is losing to US?
russia says they are "ready with their piggies"
i'll see it when it happens, NK is also ready with their skeleton piggies :p
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.
yes, and hence, they're calling for no more trade wars, so that doesn't go up
exactly. we impose tariffs, so prices raise EVERYWHERE
including here
wait wait wait....does this mean trump is technically winning his trade war?
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
as well as more jerbs
thats not how it works
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
it isnt?
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.
ive only seen good vibes and words spoken about TB on twitter and in twitch chat... which the latter is a real rare one
TB left us without an answer to the Trap question!
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.
whats worse, if you ever lift the tariff, then suddenly those produces who just increased production are now having less demand, because they are expensive now. so now they need to downside, which leads to a bunch of people getting fired, now they need to find work, and they might not have the skill set
the only thing that happens when you are winning a trade war is that your costs increase **the least**
but they do increase
yes
thats more detailed of what i said wasnt it?
the ultimate goal of a tariff war is to screw over your competition