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SGman's avatar

We have a trade surplus with the UK, which already only averages 1% tariffs - so that's some limited upside right there. And it sounds like we'd maintain 10% tariffs, so...woo?

Taking this from X:

"We got the rest of the world to do the lowest value, lowest profit margin, most capital intensive, and most cyclical parts of economic activity.

And in exchange, they gave our companies the cheapest priced goods in the world to resell and thrive off of. Which then gave our companies the time to pursue the actual high value parts of economic activity (you know, like Silicon Valley, Wall Street, military R&D, etc).

And all we had to do was give them IOU’s for an imaginary currency unit that we would only ever pay them back in worthless real terms in, if we ever repaid them at all."

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Cameron Sprow's avatar

Steve, the Bible says that God is not a respector of persons, so even though I would agree with the broader point that you are making, Trump's hubris would not be the only sin that will ultimately take America down. We, as a nation have many, none of which has a remedy in sight, at this point. God sets up and takes down kings, or leaders of nations, but He also considers the nation as a whole in terms of their national sins, Trump only being one of the 330 million of us.

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