New car prices were already 25% more expensive than before the pandemic. Now what?
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How automakers like Ford, VW, Stellantis are reacting to Trump’s 25% tariff
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Because we have free will, we can chose to accept or reject God
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DIY is laudable for those who enjoy it. But the parts and equipment for all kinds of things are still going to be more expensive. Harbor Freight will be hit hard. Even stuff built in the USA will be hit by steel and aluminum tariffs. So DIY may remain relatively less expensive, but it too will be getting more expensive in absolute terms. Not even accounting for falling wages due to economic disruption.
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Given it is the people who claim to accept God who are wrecking the economy in ignorance and spite, I hardly see what positive role a deity may be performing in this situation.
Well, Jesus was all about loving the poor, and there will be a lot more poor to love if this keeps on going...
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Did you miss my entire point that this administration is anti-Christian and not just anti-liberal because they've pulled funding form orgs like Catholic Charities that do exactly what you're demanding, love and care for the poor
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If it's extortion it's going pretty badly given how many chose to say no in this day and age
And yes, that includes many who claim to be Christian but then fail to actually live out any Christian values. To them the warning is clear:
Matthew 7:21-23
21“Not everyone who says to me, ‘Lord, Lord,’ will enter the kingdom of heaven, but only the one who does the will of my Father in heaven.
22Many will say to me on that day, ‘Lord, Lord, did we not prophesy in your name? Did we not drive out demons in your name? Did we not do mighty deeds in your name?’
23Then I will declare to them solemnly, ‘I never knew you. Depart from me, you evildoers.’
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T has been making Tacomas in Mexico for a couple of decades. When the Fremont NUMMI experiment ended, they moved to a new factory near Tijuana. Long lines of trucks bringing new ones over the border daily. Tariff fodder!
Ironically, there is a railroad into Tijuana, but the vehicles aren't shipped on it (some parts and materials might be). Freight moves at night on a light rail line between San Diego and the border.
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WalterFrank
Smack-Fu Master, in training
Yea, science stuff is so interesting and of course we get plenty of knowledge from it. Definitely worth spending time on reading phys' articles.Sure, but I like to read about sciencey stuff and I figured articles at ars or phys.org were alright
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And people who were going to buy a new car will keep theirs longer thus depleting the used car market that never really recovered from COVID disruptions. I guess people will have to buy Teslas. The used car market is actually a very correlated indicator of the overall economy.
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Well yes, but it isn't 50% larger in PPP terms, and an awful lot of that GDP is zero value added. Every bureaucrat in a hospital, every manager in an insurance company, every marketing executive, every CEO is in reality a cost centre. Musk is currently the biggest cost centre in the USA. Trump's golf is a cost centre. The military is a cost centre.
A fair comparison is things like the chart someone showed the other day of lifespan outcomes versus cost for different economies. In simplistic terms, the health value of a dollar spent in the US system is about half that of a European equivalent. Or cars - a dollar in the US buys you half as much transport value as the same dollar spent in China. Purchasing power parity is needed to account for real economic activity.
In short, the US is about a quarter of the world's GDP but nowhere near a quarter of its actual production value. Failing to understand this is the problem for Trump and the Trumpettes.
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I agree with you. It’s a shame because Tesla had so much potential as a brand, but it’s been permanently tarnished. They would need to boot Musk and completely disavow his positions, which isn’t going to happen anytime in the next 4 years, and the brand would still be diminished.
The only bright side here is the majority of Americans are opposed to annexing Canada. Most think it’s a joke because it’s so patently absurd. Polls show just 6% think it’s a good idea, which says a lot in today’s environment. 60% are opposed to Canada joining and 30% only say if Canadians want to.
It’s all so stupid because USMCA already gives the US nearly unlimited access to Canada’s market. A leader in Denmark said the same about the Greenland BS. She was like “We already have a treaty that gives the US military access, it’s NATO territory, and the good people of Greenland would’ve been excited to welcome US investment in our already open economies”
We also see an effort in the senate to stop Tariffs on Canada by ending the faux emergency. It won’t be heard in the house, but it shows how unpopular this crap is.
My only hope at this point is that the administration is messing with the things that unites all Americans: money and the economy. No one likes to see their wealth evaporate, no one likes to see prices go up, and no one likes to lose their job. All three things are happening or in progress.
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Except China’s problem is overcapacity—it is just as vulnerable to this extremely unbalanced global economy. Make no mistake, most countries are going to put up walls to China’s exports if the US stops taking them—no one is willingly going to let China eat their lunch.
There isn’t a lot of value add in producing goods no one consumes.
In these silly trade wars, everyone loses.
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China has a population of 1.4 billion of whom a rough estimate of 400 million are on the gravy train leaving a billion available for economic development. I'm not saying it is going to work, but they are actively looking for ways to create internal markets for that overcapacity. It may be impossible, but it cannot be completely ruled out.
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Oh, I am agreeing with you. Nominal values are being despicably violated.
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If the USians actually accept that, they're even bigger idiots than I thought.
On second thought, what's stopping them from declaring every year 2025, therefore never reaching the term limit of the current "president"?
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Which good? Myrkul? Baal? Mystra? Shar? Tyr? Lolth? Jergal? Elistraee?
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Someone asked me if I, as a Canadian, could trust America again after Trump dies. I answered: the problem is not just Trump or even MAGA. The problem is that the Republic's constitutional checks and balances were not acted on, they were ignored or allowed to be dodged or simply disregarded, one by one by " institutionalists" who knew better. The rot is deep. How can we trust you if you don't ACTUALLY respect The Constitution you ballyhoo about so loudly?
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Exactly. If they can get their act together this is honestly Europes chance to assert themselves for the first time since WWII. Cuddling up to a dictator like Xi would just be jumping out of the frying pan and into the fire, they have a real chance to forge a new European identity and for self independence here if they can stop falling over themselves and seize it
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Ba'al is merely one of the Elohim, which included also Rimmon, Tetragrammatron, and a few goddesses. The ancient Hebrews didn't believe in one God, they believed that their tribal god was specially looking after them. Moses from Egypt tried to impose monotheism - and they kept fighting wars over it, right down to most of the tribes of Israel absconding, and the rule of the Omrids.
The problem with theology is that the more of it you learn, the less you believe it.
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I'm not sure what point you are trying to make. None of the other countries China is schmoozing are expecting to be annexed by China - and many of them regard the Chinese claim on Taiwan as legitimate anyway.
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The Sheep Look Up
Ars Praetorian
Nepal is now cozying up to the dragon. Let's see if it gets eaten.
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Why would China bother? So long as it doesn't rock any boats - which it is too small to do anyway - what would be the point?
Tibet was different. I have a book written by a pair of French explorers who visited Tibet around the time of WW2. They were appalled by the theocracy and lawlessness and noted that the ordinary people welcomed the Chinese who restored order. The reality of Tibetan Buddhism versus the Western fantasy version is deeply unpleasant - and I say that as a student of Zen.
The productions of Tibetan culture don't reflect the reality, any more than Western art reflects the actual social conditions of ordinary people. And while the present Dalai Lama is an OK and Westernised one, that isn't so of the past.
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We may (or may not) be able to 'choose' with free will, but belief is not a choice, free will or not.
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It's definitely worse. In past recessions, there's always been the option to take refuge in US Treasury Bonds, but that organization has been compromised now, on top of the regular looming threat of the US defaulting on it's debt being particularly credible right now.
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Considering that Our Leader has also led serial business bankruptcies (somehow coming out ahead each time), that last point about the bonds should be emphasized. Rumor has it that China is selling from their stash, or at least not rolling them over any more; probably appropriate considering the situation.
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That also gives them a great big war chest to support their population as the trade war spirals out of control. We don't have any equivalent, precisely because of the deficit spending and trade imbalances we've been allowing for so long. All we can do is print money, as opposed to selling actual assets and trading them for necessities.
Both forms of deficit were bad and needed fixing, and that foolishness is at the core of why China is so strong and we're so weak, but those are things you have to do slowly. Trump's approach is insane.
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