Donald John Trump is no longer president: what does it mean for you?

CNN butthurt because the world isn't falling for their race baiting bullshit. Hilariously satisfying.

https://www.cnn.com/2019/07/18/politics/trump-world-leaders-silence-analysis-intl/index.html

The silence from other world leaders in condemning US President Donald Trump's most recent racist comments has been deafening. There have been remarks from Canada's Prime Minister, Justin Trudeau, who said: "That's not how we do things in Canada," and that a "Canadian is a Canadian." The outgoing British Prime Minister, Theresa May, said that Trump's comments were "completely unacceptable."

Otherwise, the world, it seems, is turning a blind eye to the most powerful office in the world being used to make overtly racist statements.


"Overtly" racist statements that had nothing to do with race. Well done.




Sorry CNN, you're the boy who cried racism and you're now being ignored by the world.
 
When you can't get workers, then no, your company is not 100% running.

Sigh. Most companies don't need to hire additional employees to increase production. That's the beauty of automation. Most of the time, they have to slow down production because of unsold inventories. The main limitation is and will always remain sales.
 
No, seriously, you love to fling shit in this thread but NEVER have an answer when faced with facts or reason. When you hear something you don't like, you deflect.

Stop being so womanly.

I'm sorry but your question was incredibly stupid. If you can rewrite it intelligently, i will gladly answer it.
 
Clearly. You know a lot more about trade and business than the man that's been in it for decades.

https://www.youtube.com/watch?v=nyYKwS8jN50

How tariffs "work":
https://www.cnbc.com/2019/07/18/mor...production-out-of-china-due-to-trade-war.html

The pace of companies moving production out of China is accelerating as more than 50 multinationals from Apple to Nintendo to Dell are rushing to escape the punitive tariffs placed by the U.S., according to the Nikkei Asian review.

The trade war between the U.S. and China has dragged on for more than a year with 25% tariffs placed on $200 billion of Chinese goods. President Donald Trump is still threatening to slap duties on another $325 billion of goods. In wake of the intensifying battle, more and more companies announced plans or are considering shifting manufacturing from China.

And where do you think all those manufacturing jobs are going? They aren't going to back to the US, it's other South-East asian countries, like Vietnam, Laos and India.

Occam's razor:

The Chinese company, because if the price of the lower quality chinese product goes up, they will simply not sell in high volumes in the USA. Low volume would raise the shipping costs making China obsolete.

American consumers will end up purchasing american products WHICH IS TRUMP'S INTENT in order to Make America Great Again.

Anything else? That one was waaaaaaaaay too easy.

What?

First you assume that the Chinese good is of lower quality, secondly, you also assume that there's a readily available American or another foreign alternative. Neither of which is a given.

All of Apple's products are made in China are they of lower quality than American made electronics? Oh wait practically all consumer electronics are made in Asia.
You're right though higher prices mean lower sales volume, which means less profit for American corporations.
LOL @ shipping cost is what's going to make China obsolete.

Suppose for a second your flawed set of assumptions holds and that American consumers now shift their consumption to American made goods (woo hoo MAGA) the same American consumer that hasn't seen an increase in their wage or standard of living in decades and that also has less than $500 cushion for an emergency is now spending more on an artificially higher costs item)

https://abcnews.go.com/US/10-americ...0-emergency-expense-federal/story?id=63253846
 
I'm sorry but your question was incredibly stupid. If you can rewrite it intelligently, i will gladly answer it.

Je vois pas ce qu'il y avait de con dans da question initiale.
Tant qu'il y aura de la production à faire, il y aura des emplois peu importe le foutu robot que tu vas placer dans la chaine. Les spécialisations changent, mais la base de l'économie reste la même que ce soit en Chine ou aux states.
Pour l'instant, le marché du travail aux states se porte bien si on se fie aux derniers chiffres. Qu'est-ce que ça donne de faire des scénarios catastrophes quand t'es pas au bout des décisions économiques et politiques? Plutôt que de spéculer et envoyer des insinuations rétrogrades sur les opinions des autres (parce que c'est le petit jeu que tu joues depuis trop longtemps), regarde ce qui se passe maintenant et la vitesse dont l'information évolue.
 
So basically the customer is now paying 20$ more and there won't be any additional job creation thanks to automation. No wonder why government economic interventions always backfire.

Even if it's automated, as long as its an American company and factory it's all good. This is because people fail to understand the flow and velocity of money.

Let me use a ridiculously simple example, and allow some dynamics not possible in the real world only to not have to write a PHD thesis on the matter.

You have two Americans, a farmer and a baker. Let's just say they can both produce instantaneous some wheat and a loaf of bread, respectively. The baker buys some wheat for $1 and makes the bread. The farmer now having one dollar buys the baker's bread for $1. The baker then buys more wheat from the farmer and the farmer buys another loaf and so on so forth. Each time money changes hands it increases the velocity of money and the economy is boosted without having to print new money.

Now introduce a third person, a Chinaman who makes dodads. Baker pays the farmer and the farmer instead buys a dodad the money leaves the country. Unless the Chinese person buys something from the baker, the cycle is dead. Basically it went from being able to buy infinite breads/wheat to nothing.

I understand this is oversimplified to the max but when the inflows match the outflows (and it doesn't have to be every year, let's say average every 5-10 years) you get an environment where people can thrive. Instead right now you got a siphon where the productivity is continuously stripped away, and future opportunity of other Americans goes towards zero.

As others pointed out it's hard to compete with the likes of companies in China, where they install safety nets to prevent workers from committing suicide so tariffs are just a way to level the playing field and make sure the inflows more equally match the outflows. And even if it's 100% automated in the USA, what about the companies who manufacture and maintain those robots? If they're also American based and owned it becomes the real life version of my baker/farmer example where they will go spend into the economy and pump up the velocity of money.
 
You should write your own blog or create your own news agency. You could call it JRE: 'Just Right Enough'.

#wouldread

Thanks for the vote of confidence. My problem though is consistency. When people expect an article every day or week religiously, my thoughts are more like soapbox rants where I can have 5 in a day if something starts the thought and then I could go incognito for a week or two.
 
Sigh. Most companies don't need to hire additional employees to increase production. That's the beauty of automation. Most of the time, they have to slow down production because of unsold inventories. The main limitation is and will always remain sales.

Lol. You know everything don't you. I see first hand the labor shortage that is causing the loss of productivity. I see a lot of machine operators do minimum 50 hour weeks, with Saturday optional, but strongly encouraged. I see employers going to phillipines to get workers, but Legaults plan put a kaibash on that. We sold a lot of automation equipment because the demand is high. Not because they don't want to hire humans, because they know they know they can't get any more operators. I do stupid hours because there is not enough of me to go around. We are.really pushing industry 4.0 to help deal with it. Get head out your ass.
 
It is lower quality. It is made by underpaid starving children in horrible working conditions and long hours in highly polluted cities real close to being unliveable dumps with highly hazardous air quality. If I hired you and underpaid you, overworked you and starved you: how should I logically expect the quality of your work to be in the long run?

This is the only reason everything is Made in CHINA: Careless and Lawless EXPLOITATION of expendable humans (children) and nature (Pollution levels in China will not magically get better). That and cheaper everything to build their products for the previous reason. It has reached a tipping point. The bubble is about to pop.

I actually fix TVs for fun and don't get me started on Chinese capacitors.

Yes Shipping and Storage costs of billions of products that are not selling faster enough anymore will make China obsolete. No High Volume sales of their garbage products = Bye Bye China.

That is exactly how businesses go bankrupt: Lower Sales + lower volume = shipping costs go up, then you must raise prices to cope which leads to even lower sales volume and then storage costs goes through the roof. RIP.

Also, Apple is the most overpriced underperforming cute garbage on the market. Apple only survives on HYPE. I give it another 10 years max before hipsters wake up.

Obviously common Americans have less money, as you stated nearly nothing is currently made and manufactured in America.

If you flood America with Made in China products, how do you expect new American companies to exist, establish themselves and thrive in a capitalist economy?
They have to be completely careless about the environment and exploit children to be competitive with China.

It needs to start somewhere and sometime. The time is now.

That or Let's let China be the new superpower by doing the same thing over and over again and expecting different results. (Leftist way of thinking and definition of insanity)

Its okay, business is not your forte. Leave that to Trump. Making America Great Again will directly benefit Cuck Canada. You should be all for it.

There is so much wrong with this post I don't know where to begin.

There are bad and there are great Chinese factories. You're notion of all Chinese factories running on child labour is ludicrous.

Shipping costs? The company importing the item pays shipping, not the Chinese factory.

Storage costs? Don't make me laugh. Chinese factories work on a PO basis; they're not making millions of whatever and it doesn't just sit there waiting for someone to purchase it back in the Western world. You put an order in, then they make it. Oh, and shipping costs are flat, you only ship when the container is full; so if you ship less it costs the importing company less money.

Apple surviving on hype? 10 more years for what? What exactly? Write it out... I need another laugh...

Flood America with cheap Chinese made products... WHAT??? Where do you think everything is made? And it's been made in China for the last few decades! Ever heard of Walmart, you know the retail giant? Go for a walk through it's hallways and look at the tags.

American companies exist by importing and distributing products. Maybe they designed it (Intel, Apple, etc...) or maybe they just bought what the factory was producing (Dollarama, Walmart, etc...). Or they innovate and build something that requires their particular expertise (aftermarket Jeep parts for example...)

The time is now? Sigh! The only thing it's time for is other South-East Asian countries to get a bigger share of the manufacturing pie. All these tariffs have pushed manufacturing to Vietnam, etc...

China will be the next superpower, it's only a matter of time. They are the biggest consumers on earth. New product launches now happen in China. Car manufacturers make cars specifically only for China. Luxury brands have opened store after new store in China to satisfy the never ending demand for their goods.

It's clear business is not your forte either. Either that or you're still in business school learning the basics. Forget the textbooks, the above is how the real world works. I should know, I work for a company that has been manufacturing and importing into Canada for 35 years and just like our competitors, we've done all of the above. Trumps tariffs are a game, a wool pulled over the eyes of the converted.
 
It is lower quality. It is made by underpaid starving children in horrible working conditions and long hours in highly polluted cities real close to being unliveable dumps with highly hazardous air quality. If I hired you and underpaid you, overworked you and starved you: how should I logically expect the quality of your work to be in the long run?

This is the only reason everything is Made in CHINA: Careless and Lawless EXPLOITATION of expendable humans (children) and nature (Pollution levels in China will not magically get better). That and cheaper everything to build their products for the previous reason. It has reached a tipping point. The bubble is about to pop.

I actually fix TVs for fun and don't get me started on Chinese capacitors.

Yes Shipping and Storage costs of billions of products that are not selling faster enough anymore will make China obsolete. No High Volume sales of their garbage products = Bye Bye China.

That is exactly how businesses go bankrupt: Lower Sales + lower volume = shipping costs go up, then you must raise prices to cope which leads to even lower sales volume and then storage costs goes through the roof. RIP.

Also, Apple is the most overpriced underperforming cute garbage on the market. Apple only survives on HYPE. I give it another 10 years max before hipsters wake up.

Obviously common Americans have less money, as you stated nearly nothing is currently made and manufactured in America.

If you flood America with Made in China products, how do you expect new American companies to exist, establish themselves and thrive in a capitalist economy?
They have to be completely careless about the environment and exploit children to be competitive with China.

It needs to start somewhere and sometime. The time is now.

That or Let's let China be the new superpower by doing the same thing over and over again and expecting different results. (Leftist way of thinking and definition of insanity)

Its okay, business is not your forte. Leave that to Trump. Making America Great Again will directly benefit Cuck Canada. You should be all for it.

Are you stuck in the 90's? You actually believe that the majority of advanced manufacturing in China/Asia is a Sri-Lankan garment factory? Have you ever been or heard of Shenzhen? The concentration of suppliers and manufacturers there alone is a massive advantage unrivaled by anyone else on this planet.

Your entire argument is that lower volumes mean that they'll lose a bulk shipping discount rate which in turn affects their gross margins enough to hike prices and that manufacturers incur storage costs? Your lack of understanding of supply chain, sales channels, and forecasting is frankly impressive.

I'm not going to bother diving into labour economics because frankly it would be over your head.
 
There is so much wrong with this post I don't know where to begin.

There are bad and there are great Chinese factories. You're notion of all Chinese factories running on child labour is ludicrous.

Shipping costs? The company importing the item pays shipping, not the Chinese factory.

Storage costs? Don't make me laugh. Chinese factories work on a PO basis; they're not making millions of whatever and it doesn't just sit there waiting for someone to purchase it back in the Western world. You put an order in, then they make it. Oh, and shipping costs are flat, you only ship when the container is full; so if you ship less it costs the importing company less money.

Apple surviving on hype? 10 more years for what? What exactly? Write it out... I need another laugh...

Flood America with cheap Chinese made products... WHAT??? Where do you think everything is made? And it's been made in China for the last few decades! Ever heard of Walmart, you know the retail giant? Go for a walk through it's hallways and look at the tags.

American companies exist by importing and distributing products. Maybe they designed it (Intel, Apple, etc...) or maybe they just bought what the factory was producing (Dollarama, Walmart, etc...). Or they innovate and build something that requires their particular expertise (aftermarket Jeep parts for example...)

The time is now? Sigh! The only thing it's time for is other South-East Asian countries to get a bigger share of the manufacturing pie. All these tariffs have pushed manufacturing to Vietnam, etc...

China will be the next superpower, it's only a matter of time. They are the biggest consumers on earth. New product launches now happen in China. Car manufacturers make cars specifically only for China. Luxury brands have opened store after new store in China to satisfy the never ending demand for their goods.

It's clear business is not your forte either. Either that or you're still in business school learning the basics. Forget the textbooks, the above is how the real world works. I should know, I work for a company that has been manufacturing and importing into Canada for 35 years and just like our competitors, we've done all of the above. Trumps tariffs are a game, a wool pulled over the eyes of the converted.

Honestly, it's been a while since I've seen a post demonstrate such poor understanding about any topic. Even a first-year undergrad would have a better perspective on the issue.
 
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