3 ms·

Does anyone have a good commentary on what's after what comes next?

techpineapple 1y ago
https://www.stlouisfed.org/education/great-depression-online-course-for-teachers-and-students https://www.stlouisfed.org/education/great-depression-online...
- cocacola1 1y ago
  Sounds Great.
p_ing 1y ago
Comrade, do you like bread? How about lines? Great question. This is punishing anyone but those in the highest bracket. Unbelievably stupid that people are losing thousands (or more) dollars because of one single orange chucklefuck. The other middle finger goes to Congress for sitting on their thumbs in a closed bathroom stall. I'm sure I'll be getting my American-grown-from-America coffee any day now.
- fortran77 1y ago
  How is it not affecting people "in the highest bracket?"
  - p_ing 1y ago
    If you have $1 and you lose 75 cents, are you more or less impacted than someone with $100,000,000 who loses $75 million?
    - deleted 1y ago
      [deleted]
    - fortran77 1y ago
      Less?
      - p_ing 1y ago
        So you'd rather have 25 cents to your name than $25 million? This is just like a regressive tax, which impacts the poor to not-so-poor more so than the ultra wealthy.
- cmurf 1y ago
  It isn't because of one chucklefuck, is it? Congress is much closer to the mark. "Who is more foolish? The fool or the fool who follows him?" Obi Wan Kenobi
- poobear22 1y ago
  Kona Coffee! Hawaii. We bought some once, it was about $48 a pound (and a very long time ago). We all huddled around it and evaluated the taste, and honestly, we could not tell that it was that much better from Navy coffee. I guess it will be $96 a pound soon! We will become a nation of Tea drinkers.... oh wait!
  - deleted 1y ago
    [deleted]
stevenwoo 1y ago
https://www.npr.org/2018/04/05/599707003/smoot-hawley-tariff-act-a-classic-economics-horror-story https://www.npr.org/2018/04/05/599707003/smoot-hawley-tariff... TLDR, the last time the USA did this, it took decades and a world war to devastate almost everyone else to undo the damage and rebuild trust in the USA as a trading partner.

https://www.stlouisfed.org/education/great-depression-online-course-for-teachers-and-students https://www.stlouisfed.org/education/great-depression-online...

cocacola1 1y ago
Sounds Great.

p_ing 1y ago

Comrade, do you like bread? How about lines? Great question. This is punishing anyone but those in the highest bracket. Unbelievably stupid that people are losing thousands (or more) dollars because of one single orange chucklefuck. The other middle finger goes to Congress for sitting on their thumbs in a closed bathroom stall. I'm sure I'll be getting my American-grown-from-America coffee any day now.

fortran77 1y ago
How is it not affecting people "in the highest bracket?"
- p_ing 1y ago
  If you have $1 and you lose 75 cents, are you more or less impacted than someone with $100,000,000 who loses $75 million?
  - deleted 1y ago
    [deleted]
  - fortran77 1y ago
    Less?
    - p_ing 1y ago
      So you'd rather have 25 cents to your name than $25 million? This is just like a regressive tax, which impacts the poor to not-so-poor more so than the ultra wealthy.
cmurf 1y ago
It isn't because of one chucklefuck, is it? Congress is much closer to the mark. "Who is more foolish? The fool or the fool who follows him?" Obi Wan Kenobi
poobear22 1y ago
Kona Coffee! Hawaii. We bought some once, it was about $48 a pound (and a very long time ago). We all huddled around it and evaluated the taste, and honestly, we could not tell that it was that much better from Navy coffee. I guess it will be $96 a pound soon! We will become a nation of Tea drinkers.... oh wait!
- deleted 1y ago
  [deleted]

stevenwoo 1y ago

https://www.npr.org/2018/04/05/599707003/smoot-hawley-tariff-act-a-classic-economics-horror-story https://www.npr.org/2018/04/05/599707003/smoot-hawley-tariff... TLDR, the last time the USA did this, it took decades and a world war to devastate almost everyone else to undo the damage and rebuild trust in the USA as a trading partner.