Origins Of Karma
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146
Wall Street plummets ,trillions lost
Not to sound like a prophet of doom, but there are many signs that are pointing toward a long-term recession leading to a depression, with unemployment rates in the range of 20 to 30% and inflation at 15% or higher, collapsing property prices, and the Dow dropping to 8, 000 to 10,000. And Disaster Don could be the trigger. Wonder how his supporters will feel about him at that point? -
17
US Tariffs Threaten Thai Economy with B360bn Blow
I am wondering to what extent these U.S. import tariffs will impact U.S. exports of imported goods. Let me explain. I recently purchased a very nice Trek bicycle delivered from the U.S. but manufactured in Cambodia. Would the 47% tariff be applied to such a purchase when delivered to the U.S. prior to export from there? Or would the goods be held in bonded warehouse until exported? Or the tax reimbursed to the importer upon export? One can understand Trump's desire to relocate manufacturing and jobs to the United States. But his analysis is erroneous of why they were dis-located from the U.S. in the first place. It was in the interests of major financial interests, abetted by the U.S. government. And initially welcomed by many U.S. consumers who saw a reduction of prices without realising the ultimate price to be paid by the working man and woman. There was an interesting interview by CBC News of Joseph Stiglitz on this question about a fortnight ago. Can be found on YouTube. Exporting countries will cease selling to U.S. markets if they cannot make a profit. Which is perhaps the unstated intention. Either tariffs will be paid by the consumer, or they will have to buy from American manufacturers, assuming their factories are capable of producing the goods, likely at higher cost. Another economist, whose name escapes me for the moment, said (in an interview also published recently on YouTube) that many countries, notably developing nations, borrow dollars from US sources to finance their development. These loans must be repaid in US dollars, both capital repayments and interest. To have these dollars there must be an imbalance of trade with the U.S.in favour of the borrowing country. Otherwise they will likely have to default on their loans. If they cannot repay their loans, what action will the U.S. government take? Write off the debts? Or seize the country's assets? (Look at what the E.U. and its French, German and Finnish banksters did to Greece) Many of Trump's long-term goals may be valid, but his approach seems to be that of a "bull in a china shop"; creating resistance at every step. We are entering uncharted waters. -
23
Trump’s Tariff Strategy: US can no longer act as the world's economic shock absorber
The sheeple are so mind controlled by such as Amazon, Microsoft, Apple, Meta, Netflix, X, Starlink, Google that I doubt he has to worry about them. They ain't going to give up their social media fix for anything, and will still keep buying overpriced tat from Apple. -
1
Steel Maker Challenges Safety Results Amid Earthquake Probe
The design of the building was supposed to be Quake proof meaning the building was to be flexable to a degree (sway and absorb shock)Boron, when added to steel rebars, significantly enhances hardenability, leading to increased strength and durability, particularly in low-carbon steels, making them suitable for applications requiring high strength and toughness. If boron content in steel rebars exceeds certain limits, it can lead to problems like reduced toughness, embrittlement, and increased hardness, especially during welding, potentially causing cracking and snapping. Using Boron steel in rebars are also not good at load bearing -
50
Tesla’s Sales Plummet, Marking Lowest Numbers in Three Years
One would certainly think that that's the case, but these current policies are not a reflection of that on any level. Never forget, one of the reasons why America became the world's leading economy was due to low tariffs which sparked a very dynamic economy. Trump appears to be putting out that fire with a vengeance. -
33
Please throw them out and bar them
Troll who can't even string a sentence together properly... Next! The Don.
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