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Posted
5 minutes ago, xylophone said:

Picking up on that point, or at least one related to it, I read an article regarding China seeking to reduce the amount of rare earths which were previously exported to the USA, which are vital to the electrical and electronics industries and came across this little piece of information relating to a factory which was built in the USA to produce rare earth magnets......


 "After the embargo in 2010, the Japanese company Hitachi Metals, which changed its name in 2023 to Proterial, responding to concern from the administration of former President Barack Obama, built a rare earth magnets factory in North Carolina from 2011 to 2013.
The Hitachi Metals factory, with several dozen employees, had higher costs than the giant complexes being built in Ganzhou. American companies proved unwilling to pay extra for magnets produced in the United States and switched to Chinese suppliers. Hitachi closed the factory in 2020 and the equipment went into storage".


So in effect, the American companies switched their buying to China because it was cheaper to do so, NOW the orange buffoon thinks he can quite easily bring back the manufacturing to the USA and all will be well – – yeah right. The American companies wouldn't pay back then, and there's no reason to suspect they will now either, especially with the cost of labour and other essentials being higher at the moment than they were then.

 

The poor American public were promised that manufacturing etc would come back to the US and all would be hunky-dory, but in the real world, NOT Magaland, the reality is quite different.

 

There seems to be little doubt that if manufacturing were to return, the overriding effect would be inflation......as it will be with the imposed tariffs......so the American public are shafted either way.

 

If Trump wants manufacturing in the US, it has to high grade, high end engineering that can't be subbed out.The irony being, Apple say the reason they sub out to China is not for labour costs but highly skilled, diligent workers workers.

  • Like 1
Posted
3 hours ago, Walker88 said:

Secret: the market doesn't know and doesn't care where you bought, and is under no obligation to go back to new highs in the near term. A paper gain is a paper gain, but a paper loss is real money (as we used to say).

 

Financial experts loyal to the 47th President are stating that in fact Wall Street traders are Communists, engaged in a plot to undermine the American President.

 

all-those-communist-on-wall-street-v0-a5cad0xtesve1.webp.6ce73bad96602e27f33283449b6ee643.webp

 

She managed t get her GED certificate aged 34m so I reckon she must know what she's talking aboutt? Electors don't vote for uneducated buffoons, right?

  • Haha 1
Posted
57 minutes ago, MicroB said:

Financial experts loyal to the 47th President are stating that in fact Wall Street traders are Communists, engaged in a plot to undermine the American President.

Democrats called Trump Hitler among other things.. What is your point? Either way name calling is childish and done more by Democrats than anyone. What remains to be known is if what they said is true about some traders deliberately trying to change the market by selling to weaken the USA. 

Posted
1 hour ago, thesetat said:

Democrats called Trump Hitler among other things.. What is your point? Either way name calling is childish and done more by Democrats than anyone. What remains to be known is if what they said is true about some traders deliberately trying to change the market by selling to weaken the USA. 

The fish rots from the head:

image.png.a9f683da084dea454266faed5b120643.png

https://truthsocial.com/@realDonaldTrump/posts/114370361342759621

  • Haha 1
Posted
1 hour ago, thesetat said:

Democrats called Trump Hitler among other things.. What is your point? Either way name calling is childish and done more by Democrats than anyone. What remains to be known is if what they said is true about some traders deliberately trying to change the market by selling to weaken the USA. 

 

My point is Boebert is either an idiot, a sexual deviant (carries out sexual acts in public) who is not fit for office, but seems to be representative of the quality of person being elected these days, or do you agree with her that Wall Street is plotting against the President as part of a communist plot, and that any one who sells thair shares is basically a traitor. Its a Yes/No qustion. You seem to seriously entertain the notion that the "Markets" are colluding against your glorious Leader, and that the fate of your Country and your Leader are inextricably linked. Your Leader is your Country.

 

Otherwise, you are unconsciously resorting to adopting Whataboutism. Whataboutism  was term forst used to describe those who defended Irish Republican terrorism. Are you a What About?


 

Quote

 

I would not suggest such a thing were it not for the Whatabouts. These are the people who answer every condemnation of the Provisional I.R.A. with an argument to prove the greater immorality of the "enemy", and therefore the justice of the Provisionals' cause: "What about Bloody Sunday, internment, torture, force-feeding, army intimidation?". Every call to stop is answered in the same way: "What about the Treaty of Limerick; the Anglo-Irish treaty of 1921; Lenadoon?". Neither is the Church immune: "The Catholic Church has never supported the national cause. What about Papal sanction for the Norman invasion; condemnation of the Fenians by Moriarty; Parnell?"

— Sean O'Conaill, "Letter to Editor", The Irish Times, 30 Jan 1974

 

 

As a card carrying member of the Conservative and Unionist Party, I have no issue in so-called "Democrats", so try your WhatAbout retort with someone else. I have interest in events that impact me and my American friends.

  • Like 1
Posted
37 minutes ago, MicroB said:

What remains to be known is if what they said is true about some traders deliberately trying to change the market by selling to weaken the USA. 

What is it you did not understand? My comment meant it is not known.... Instead you twisted it into some gibberish about Boobert and Whataboutism?

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