Random Politics & Religion #34

This whole Harley-Davidson fracas is pretty much the tip of the iceberg.

The EU is going to get extremely nasty with these counter-tariffs and they're going to aim them squarely at industries in the states where Trump's base is largest.

They know exactly what they're doing.

They still have enough to overrule him cause the Vice President is a vote if it's 50:50. This is going to be hilarious to watch.

To a net effect of nearly zero.

The issue when there is a huge *** trade imbalance due to the other sides using non-tariff trade barriers to protect their domestic economies is that there's not much the cheating side can do to keep things the same. The EU doesn't import a whole lot of US goods while the US imports a *** ton of stuff from pretty much everywhere. Hell the biggest product the EU imports from the US is national defense, and they get that practically free.

The EU has its problems but the positives far outweigh them.

Brexit is a bad idea for Britain, period.

It's going to tank the UK economy, or the English one depending on how bad it gets. It's going to take away the only advantage the country had in the form of the single market while holding a separate currency. It's going to isolate the country from the rest of the world, the polar opposite of the whole 'global britain' mantra. It's also going to have a knock-on effect by effectively destroying the Conservative Party, which is no good either as a left-wing government with no counter-balance won't end well.

It's for that last reason alone that the Conservative Party will keep stalling... and stalling... and stalling until they can pass the bomb to Corbyn. They wanted to throw the last election so they could have done so already, but it backfired.

It's also worth noting that an arrangement akin to Switzerland or Norway would be a good compromise but since Brexit is all about immigration and the perceived abundance of it... that will never happen.

Hmm I believe brexit was about the EU dictating policy to the UK and then threatening the UK with unnamed consequences if the UK didn't bend the knee. The people in the UK who didn't like the idea of universal citizenship and being serfs to the EU elite responded with "*** that we're out", much to the annoying of those who did like universal citizenship and serving the EU elite.

You guys are learning, the hard way, why the articles of confederation failed. If your going to create a single all powerful European State then you can't go half assed about it.


It's not going to tank the economy, you can't have economic inflation and economic contraction simultaneously. The best think the UK did was keep it's own currency. What's going to happen is that as the economy adjusts the value of the Euro against the Pound will slide. Since the UK citizens use pounds, this will only effect the prices of things they import from the EU, which become more expensive while the domestic products, priced in GBP, will become cheaper. The real effect will be negligible with a slightly strong domestic economy as a result of less effective international competition.

You know what will go down? The value of derivatives and risk adjusted interest swaps. Those "complex financial instruments" that overwhelmingly profit bankers and the elite. So whenever a talking head on BBC screams "the economy will be destroyed", he's actually talking about the passive funds based profits of the elites bank accounts.

I can translate all this:

A note on how to read financial news, take what they say and turn it 180 degrees and you have what it means to you the working consumer. This isn't everything but it covers the majority of concepts. Wage slaves, aka workers, get money by trading in their time. That money becomes representative of their time and they spend that money to buy stuff like food, shelter and entertainment. They are spending their time to get money to buy other people's time. This makes their time relative to other people's time.

Now step in something like a banker or financial mogul. They make money by trading in other people's time for a different set of people's time and making profit off the difference. I buy the time of a Chinese person and sell that time to a British person, the money I make is the difference in the value of their time. I buy the time of a British person and sell that time to a German person, and so forth.

What happens when a countries time value suddenly changes, well anyone buying that time (exporting from) is happy but anyone selling that time (exporting to) is pissed off. The value of the time they were going to sell just went down, that's less profit for them. So just find whomever was buying time from someone in China / Greece / ect and selling that time to someone in the UK and you'll find the pissed off parties.

Now what about those working consumers? Well nothing really changes for them, they were selling their own time to buy time from someone in the same nation as themselves. As long as they have their own currency then the net effect is largely zero, products from China might of got a few pennies more expensive yet domestic products would of also went down in price.

Where can I buy this Chinese person I have a lot of stuff he could do for me so I have more free time !

You buy them everyday, find any product you own that says "Made in China", congrats you bought a Chinese persons time.

No I want a real Chinese person with all the accessories !

My perverted mind finds this funny.

Well those do exist...

https://kotaku.com/5989864/chinese-company-offers-house-call-maid-service-to-play-dota

https://housekeeper.com/long-hua-chinese-cleaning-service-housekeeper-vancouver-bc

The rest of the links weren't exactly suitable for this site...

If you live in LA

https://myasiannanny.com/housekeepers/

Or a more general reference guide

https://myasiannanny.com/how-to-find-a-housekeeper/

I vaguely remember an LOLDRG joke that started like that.

that's fine. we'll build factories there to supply eu customers. we do it in china, mexico and everywhere else pretty much already to avoid their import tariffs.

no biggie

It's hilarious how this works too because their using "non-tariff trade barriers". If a factory in the USA makes a car and sends it to the EU, it's going to be taxes and regulated out of existence. If instead the US company creates an EU child company and that EU child company then builds a factory inside the EU, they can produce the exact same car and sell it without the crazy taxes and regulations. That's all multi-nationals do anyways, sell products through their domestic shell companies to avoid various trade barriers. Of course that involves establishing a presence in those countries and hiring workers inside the countries, which is the entire purpose of the trade barriers.

yeah... "some mexican assembly required"

rent some warehouse space in mexico, ship the "parts" there, it can be assembled in as little as four bolts...boom it's mexican.

/fiesta

Sounds like you just bought a new TV.

Hershey chocolate is made in Mexico no wonder I always get a weird feeling when I eat it...now with 20% more THC.

Nothing outweights potentially banning memes!

oh hell no... I'm evil and I'm actively helping companies perpetuate this fraud....

/sinister laugh

How this was interpreted by my mind:

Yeah I mean, everyone is fine with this, except Trump, who is still trying to attack Harley Davidson everyday..

So how do you know so much about American history?"
"I pieced it together, mostly from sugar packets."

"Trade wars are easy to win."

Hey fam, is the shooting Trump's fault yet?