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The world is simply moving on from dealing with the US. It’s too expensive, too much of a pain in the ass and requires mafia like payments. They will all just t
by testing22321 1y ago
The world is simply moving on from dealing with the US. It’s too expensive, too much of a pain in the ass and requires mafia like payments. They will all just trade with each other instead.
Tourism in The US is down to the tune of billions of dollars, soybean exports have tanked, US liquor is basically non-existent across Canada and other countries, etc etc.
I don’t know how long this can go on , when will the average American not be able to take it anymore?
- hackyhacky 1y agoThe average American loves this, because it allows them to punish their perceived enemies. Cruelty trumps self-interest.
- testing22321 1y agoHow’s that working out for US soybean farmers? The average American loves this Right up until they lose their farms, their distilleries, tourism-based jobs and everything else.
- wood_spirit 1y agoTalking of farming, are there any numbers on if AcreTrader or other similar companies has been buying up farmland, and if so how JD Vance’s investment has been performing?
- polotics 1y agoDouble-plus-good upvote for your very good question. Tanking smaller players and putting more assets within the grap of current & future American Oligarchs seems to be the underlying playbook right now. This is 1991 Russia.
- jrs235 1y agoFannie Mae and Freddy Mac going public? An opportunity for billionaires to own the mortgages that will default as the economy [intentionally] continues to tank leading to defaults and transfer of the homes and properties backing the mortgages as collateral to the oligarch class.
- soco 1y agoNow this is a very (very!) interesting angle. Yes, are there numbers?
- actsasbuffoon 1y agoConsidering how much harm he did to farmers in his first term, and they overwhelmingly voted for him again in 2020 and 2024, I’d say they apparently prefer this over the alternative. I don’t expect this to change anything.
- hackyhacky 1y agoAmericans don't vote for policies, they vote for personalities. It literally doesn't matter to them if Trump bankrupts them, as long as they get to support the "tough guy" billionaire.
- tgma 1y ago> literally doesn't matter to them if X bankrupts them If that were true, you'd not see economy as the top or one of the top issues. Perhaps some marginal short term economical concerns can be offset by personality/perceived cultural improvements, but not to the point of bankruptcy or even close. "It's the economy, stupid" was Clinton's slogan after all.
- hackyhacky 1y ago> If that were true, you'd not see economy as the top or one of the top issues. Polls also show that Republicans rate economic conditions as positive when there's a Republican in office, and negative when there's a Democrat in office regardless of the actual state of the economy. (The effect is much weaker among Democrats.) This means that people care about the economy, but are terrible at knowing whether the economy is actually doing well or not, and certainly not educated enough to understand the impact that particular policies have on the economy. The conclusion is that when there's a Democrat in office, Republicans are told by the Republican news media that the economy is bad; and when there's a Republican in office, Republicans are told by the Republican news media that the economy is good. Find a conservative-leaning group on Facebook or reddit and see the resistance you get when you try to explain that Trump's tariffs are an inflationary tax on Americans. Political opinions have no bearing on reality, especially in the context of economic policy.
- FranzFerdiNaN 1y agoThose farmers dont care as long as libs get owned and colored people get abused by ICE.
- DougN7 1y agoI lay the first half of that at the feet of Rush Limbaugh and his ilk. Decades of talk radio/propaganda turns out to be quite effective :(
- deleted 1y ago[deleted]
- esseph 1y agoThe average? Are you sure?
- hackyhacky 1y agoYes. Yes.
- muwtyhg 1y agoWhat are you basing that on?
- tgma 1y ago> The world is simply moving on from dealing with the US. This seems to be an emotional reaction by the observer, not a quantified study, so citation needed. The US market is so big and relatively unified in language and regulations and that make you willing to bite a lot of bullets. Have you ever listed an app on the App Store and dealt with French BS, for example, for a relatively tiny market? > They will all just trade with each other instead. Many of the US products and services are not as commoditized.
- ben_w 1y ago> This seems to be an emotional reaction by the observer, not a quantified study, so citation needed. A citation would be good, yes. I've not seen overall import/export stats this year. But stats from a few years back, say that the number 1 and 2 imports and exports are food and oil? EVs significantly reduce demand for oil, but it's not got much to do with Trump. I saw the same stories as everyone else abouy soy bean exports to China going to zero, but that's just one export to just one country, not an overall trade update. > The US market is so big and relatively unified in language and regulations and that make you willing to bite a lot of bullets. Have you ever listed an app on the App Store and dealt with French BS, for example, for a relatively tiny market? Solving this is the primary purpose of the EU: unified single market. China also big, unified.
- tgma 1y ago> Solving this is the primary purpose of the EU: unified single market. > China also big, unified. Correct. It is a goal of the EU, but practically speaking, it isn't as nicely unified, and some reasons being inherent like the variety of languages. China is much more protectionist and you can't sell into it from the outside easily. US tariffs don't even come close to their tariff and non-tariff barriers. If you think of <20% tariff as Groupon discounts for US consumers buying a bunch of products together, it is likely a more than acceptable trade for many businesses.
- re-thc 1y ago> Tourism in The US is down to the tune of billions of dollars, soybean exports have tanked, US liquor is basically non-existent across Canada and other countries, etc etc. It's all tech / AI / crypto focus now.
- johneth 1y agoIt's good that all of those things are definitely not prone to massive bubbles.
- mirzap 1y agoYeah, but the hubris of American MAGA nationalists doesn’t allow them to see it that way. They’re convinced the world can’t function without them, that everyone needs them. Anyone with a shred of sense can see where this is heading: the inevitable collapse of the American empire and the end of its unparalleled global dominance. At this point, it’s unavoidable. The U.S. has alienated nearly every ally it once had. Ironically, Trump might be the one who saves Europe in the long run.
- mamonster 1y ago>Ironically, Trump might be the one who saves Europe in the long run. Except that the political class in EU is almost unanimous in following behind US and begging US for approval.
- FranzFerdiNaN 1y agoYes, old habits die hard, but it is slowly changing.
- walkabout 1y agoOne may smile while sharpening a knife.
- actsasbuffoon 1y agoI’ve been waiting to see my countrymen vote in their own best interests for my entire life. I’d be shocked if they started doing it now. We are astonishingly bad at understanding abstraction. We understand that if Kevin shows up at our house and punches us in the face, we should avoid Kevin. But once you put a layer of abstraction between Kevin and the broken nose, we suddenly become baffled about how this could happen, and then we vote for Kevin.
- tgma 1y ago> I’ve been waiting to see my countrymen vote in their own best interests for my entire life This is an extremely arrogant statement to think a single individual can know the best interests of an entire country and to know they were wrong in identifying their own. To quantify this, perhaps one close proxy is to see how many people really regretted their vote after the fact, which in the context of US does not appear to be that many (even those unsatisfied with the outcome post hoc would not necessarily have voted for the opponent if given a time machine.) Perhaps it is not trivial to have visibility into the intricacies of other people's lives and their priorities. Even harder to generalize it to tens of millions of people in a country.
- Gud 1y agoI mean, if you vote in a terrible human being to lead a country, you are bound to have problems. It’s not an arrogant thing to say.
- happytoexplain 1y agoIt's not arrogant. Trump culture, and the subset of conservative US culture it grew out of, explicitly positions itself to be described in these terms. You don't have to be a mean or arrogant person to acknowledge that reality, unlike with most "normal" political parties. It's also an opinion that doesn't require omniscience to hold. I don't know why that's the bar you've set. Yeah - of course nobody can really know what's best.
- tgma 1y ago
- beAbU 1y agoHaving grown up in an African country that has been "collapsing" for the last 30 years, and looking at the neighbouring countries that went through or is going through similar issues, I think the US has far to go before things can be regarded as "collapsed". Unfortunately such an implosion is not instant, but it's a gradual frog-boiling decline that gets harder and harder to get out of. If you are hoping for some limit to be reached where a popular uprising will be triggered, then I would advise to not put your hopes on it.
- walkabout 1y agoWe're on track to be a much-richer Russia. Which is a lot better than being like Russia, and also as poor as Russia. But it's a lot worse than being rich and also not like Russia. I expect most of the pain will be from lost potential growth rather than an actual decline in real terms, and that it'll take a while for most people to realize how stagnant we've become—because line will continue to Go Up thanks to an inflation-based debt reduction strategy, plus the US is such a giant player in the global economy that our slowing way down will also slow the global economy for quite a while, until it adjusts, so we'll still seem to be doing relatively OK for potentially another decade or more. Of course we could also derail into something even worse than Russia. Or capital flight might hit us harder and faster than I think it will (anyone who can't see a way to, or can't stomach, getting on the good side of our rulers, will want to get out so they don't lose all their shit, including possibly their lives in extreme cases)
- Pxtl 1y agoEasier said than done. Most of Canada lives along the US border. Without the USA, Canada is as remote as New Zealand - we just don't have a lot of other neighbours close by.