On Thu, Apr 3, 2025 at 12:20 PM '[email protected]' via Everything List < [email protected]> wrote:
*> The depression of 29 didn't become Great till Smoot-Hawley in June 1930.* > *Yes, the Smoot-Hawley tariffs (tariffs are just another name for a tax on the middle class) turned a garden-variety recession into a deep global depression that lasted for a decade. Even without Trump's idiocy, due to AI we'd be in store for turbulent economic times even though national GDP will go up because during the next three or four years tens of millions of Americans will lose their jobs, in fact virtually all Americans could lose their jobs, so radically new ways of distributing the nation's wealth are going to need to be devised to keep people from starving to death. And lowering the tax on the super wealthy and radically raising the tax on the lower and middle class, which is what these **tariffs will do, is a very poor way to prepare for the singularity! * *Bill Gates AI Statement "Humans Will No Longer Be Needed"* <https://www.youtube.com/watch?v=iFVmNDTJQOQ> *> At this time for the US, Hoover would never have done this, would've > been Socialism to reflate the economy. See, we use John Maynard Keynes when > we need him and drop him when we don't? Same with Adam Smith. Good for some > things and not for all things in both cases. Now, with Globalists like we > now have in charge, we are advantaged by doing tariffs as this how Soros, > Schwab, Reid Hoffman, the WEF, and yes, China running policies. Many > nations are already negotiating with us. * > *Have you ever considered writing in English? * *John K Clark See what's on my new list at Extropolis <https://groups.google.com/g/extropolis>* wle > On Thursday, April 3, 2025 at 08:18:10 AM EDT, John Clark < > [email protected]> wrote: > > > *An economic imbecile has control of the world's economy, and he doesn't > know that if you destroy world trade you're going to get a deep recession, > if you're lucky, and if you're unlucky you're going to get a 1929 style > depression. I remember a time when a key aspect of libertarian philosophy > was that free trade was a good thing, but words change their meaning over > time and that's why I can no longer call myself a "libertarian", not with a > large l and now not even with a small l. * > > *Below is a list of Trump's ridiculous new tariffs country by country from > highest to lowest, this is in addition to the 25% tariff on ALL imported > cars and car parts: * > > Cambodia: 49% > Laos: 48% > Madagascar: 47% > *Vietnam*: 46% > Myanmar 44% > Sri Lanka: 44% > Botswana 37%, > Bangladesh 37%, > Serbia: 37% > *Thailand: 36%* > > > *China: 34%Taiwan 32%* > > > *Indonesia: 32%Switzerland: 31%Pakistan: 29%* > Tunisia: 28% > Kazakhstan: 27% > *India: 26%* > *South Korea: 25%* > *Japan 24%* > *Malaysia 24%* > *European Union: 20%* > Ivory Coast 20% > Jordan: 20% > Nicaragua: 18% > *Israel 17%* > > *Philippines: 17%Norway: 15%* > *And the following countries will all get 10% tariffs: * > > *United Kingdom*, South Africa, Brazil, Singapore, Chile, Australia, > Turkey, Colombia, Peru, Costa Rica, Dominican Republic, United Arab > Emirates, New Zealand, Argentina, Ecuador, Guatemala, Honduras, Egypt, *Saudi > Arabia*, El Salvador, Trinidad and Tobago, and Morocco: > > > 6x0 > > > -- You received this message because you are subscribed to the Google Groups "Everything List" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion visit https://groups.google.com/d/msgid/everything-list/CAJPayv0u69tumqGTto2zdkbcd%3DNE%2BpNbb1o5UOQfAqJ1fbm7%2BA%40mail.gmail.com.
