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right, but so far the consumerism has been the only thing doing bread and circuses away from the real problems of housing and whatnot. it's interesting that ma
by bobthepanda 1y ago
right, but so far the consumerism has been the only thing doing bread and circuses away from the real problems of housing and whatnot.
it's interesting that many things like televisions and phones went from being multiples of rent or mortgage payments, to the reverse, so now cutting back on consumer spending to afford necessities wouldn't do a whole lot.
- Workaccount2 1y agoI'm not worried about the consumer aspect at all. It will be painful and maybe pull the wool off all the trumpets eyes, reveling his idiocy. But people are not going to be starving. Maybe starving for new clothes and iPhones like they get all the time. I do worry though about embedded costs up the supply chain the depend on Chinese made things. The parts of parts that go into machines that are made domestically. I think that has potential to be the real knife in the back. Most things need all the pieces to work, and even though the machine is 90% made in USA, the last 10% that is a Chinese export is going to cause pain in all sorts o unexpected places.