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Mudge 🎩Ⓜ️
@mudge
The biggest threat to economy is inflation being persistent. Now we have: 1. 25% tariffs on all good from Mexico to US 2. 25% tariffs on all goods except energy from Canada to US 3. 20% tariffs on many goods from China to US 4. 10% tariffs on energy from Canada to US 5. 25% retaliatory tariffs on up to $155B of goods from US to Canada Europe will be next. No, this is not good for crypto. This isn't good at all. And tariffs are not a sustainable income source for the US economy. WTF.
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@whatax
But but now all companies around the world start building facilities in the US and you will have jobs and all the material inside the us so you don't need to import anything (Thats what they are expecting from it i guess)
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Mudge 🎩Ⓜ️
@mudge
I got you, but lack of education generally leads to this thinking. And no, reading the bible the whole day is no education. If all countries produce every good on their own, it would increase prices and cause people's real income to decrease. The US depends heavily on a strong Dollar. It is still their biggest advantage. However, a strong currency limits exports and makes imports cheaper. You can't have both, though the orange man wants to try out. You and me understand this as we are not brainwashed. Lack of education is one of the world's biggest problems.
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@whatax
Lack of education is on part - having biased propaganda style Spread of Information like Elon is doing it - to a point claiming he is the only one knowing the truth and everyone else is a left woke moron who is lying, trying to eliminate the wisdom you gathered with your education, this is scary. As well that that emotions > rationality is now the way to go. "I like to plant a tree in my garden it looks nice" - "oh you brainwashed woke leftist will not tell me what I need to do, just because you believe in this climate change hoax"
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Mudge 🎩Ⓜ️
@mudge
The new US government thinks that rich people will enrich their country, and that billionair's oligarchy is best. This is in line with their offer of a “gold card” visa with a path to citizenship for $5 million. Europe should do something similar, but targeting the science sector. Attract the best US scientists who are sick about all the stupidity. Drain the smart brains and leave the washed brains.
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@whatax
Attracting Science is OKish - but what Europe really scks at is at attractig engineers and brave smart people is hard, europe has really 0 StartUp mentality and making business is really soooo much paperwork and regulation.. Having an approach to deregulate would be super important
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