Message from @Eccles

Discord ID: 618748464729292832


2019-09-04 09:46:04 UTC  

What -could- be done? What woudl the effect be and why?

2019-09-04 09:46:22 UTC  

Trump has the power to destroy the Chinese economy with a Single Executive order.

2019-09-04 09:47:40 UTC  

really all that needs to be done is to start enforcing the rules for china, a good start would be kicking them out of hong kong

2019-09-04 09:48:32 UTC  

Threating to kick them out of the WTO if they don't start following WTO regulations would be a nice follow up.

2019-09-04 09:49:12 UTC  

Maybe kick Europe out of the WTO also.

2019-09-04 09:49:35 UTC  

following through when the invariably don't would be a nice third

2019-09-04 09:51:10 UTC  

@Gaylien if they're also bending WTO rules over a barrel I'm all for it.

2019-09-04 09:51:13 UTC  

These are not things you have the power to do as a country

2019-09-04 09:52:46 UTC  

Each country defiantly has the ***power*** to hold china to their agreements in their own interactions, what they lack is the ***will***.

2019-09-04 09:54:15 UTC  

And in the long term it's going to cost them.

2019-09-04 10:01:07 UTC  

lol

2019-09-04 10:01:15 UTC  

you're still just spouting righteous indignation

2019-09-04 10:01:32 UTC  

-how- does a country hold china to their agreements

2019-09-04 10:02:25 UTC  

By refusing to deal with them if they don't

2019-09-04 10:02:36 UTC  

and they can do that

2019-09-04 10:02:45 UTC  

but they don't want to

2019-09-04 10:02:50 UTC  

Capital controls and trade tariffs

2019-09-04 10:04:09 UTC  

Ie, the state stops acting to facilitate global labor arbitrage

2019-09-04 10:04:37 UTC  

Like realy, _you can't stop china from shitting on you you idiot, so stop trying to propose ways you can make china stop shitting on you, so indignant_

2019-09-04 10:05:25 UTC  

You have to then consider the externalities of that, and how to mitigate them

2019-09-04 10:05:29 UTC  

So lets take UK as the example

2019-09-04 10:05:42 UTC  

If you stop trading with China, what do you think the externalities will be?

2019-09-04 10:06:35 UTC  

in the short term prices will increase, in the long term trade will shift to another country.

2019-09-04 10:06:59 UTC  

as is happening with china and America right now

2019-09-04 10:07:40 UTC  

companies are already shifting manufacturing out of china due to the tariffs trump has imposed.

2019-09-04 10:08:38 UTC  

How do you think the rising prices will affect your economy?

2019-09-04 10:10:39 UTC  

well, if you're using tariffs, if you reinvest the money from the tariffs back into the local economy probably not much, it may even improve it.

2019-09-04 10:12:33 UTC  

if you're cutting ties with china, negatively, but due to the amount of competitors china has not apocalyptically so.

2019-09-04 10:16:52 UTC  

Consumption would necessarily go down

2019-09-04 10:17:11 UTC  

And don't forget, china is a lot less economically stable the the west, and not only that, the current administration is reliant on the booming Chinese economy to stay in power. China is a lot more dependant on trade with them then we are.

2019-09-04 10:17:15 UTC  

It cannot do anything but negatively affect the economy because money velocity decreases

2019-09-04 10:21:32 UTC  

IF you took the money gained from the tariffs, and distributed it amongst the citizenry, then while prices would go up, so would the spending capital, keeping the economy roughly stable. If that increase in free capital paired with imported goods being more expensive caused an increase of consumption of local goods then it may even cause an up tick.

2019-09-04 10:24:54 UTC  

And even taking for granted that it would negatively impact the economy, that doesn't mean it can't be done. It just makes it less politically attractive. And again we come back to: we don't lack the power to hold them accountable, we lack the will.

2019-09-04 10:25:40 UTC  

UK would need to have already left the EU for that to work

2019-09-04 10:32:05 UTC  

Brexit was always a contentious and closely run thing. But if 100% of the country, or even 75%, wanted to leave they would already have. With a clearer majority the MPs wouldn't be able to drag their heels as much as they have, and the EU wouldn't be able dick the UK over as much because of the lack of support from within. Again, they don't lack the ***power*** to leave the EU, they could theoretically leave tomorrow and the EU wouldn't be able to stop them, what the lack is the ***will*** to do so.

2019-09-04 10:35:54 UTC  

We are all aware of this

2019-09-04 11:18:15 UTC  

Reinstate the queen

2019-09-04 11:19:11 UTC  

She'll go and do to the Germans what they used to do to Germans in her time <:smugon:512048583806025739>

2019-09-04 11:42:02 UTC  

https://cdn.discordapp.com/attachments/613769782461857813/618772754564382740/h56wb0gweduy.png

2019-09-04 11:50:08 UTC  
2019-09-04 11:50:15 UTC  

*Oh Mr.Taliban*