On 4/3/2025 11:30 AM, John Clark wrote:
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. *
You're assuming our new oligarchical masters will care. My wife and I
live on Civil Service pensions, which I expect Trump will eliminate any
day now as a threat to national security!
Brent
*And lowering the tax on the super wealthy and radically raising the
tax on the lower and middle class, which is what these **tariffswill
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>*
*
*
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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 tariffscountry 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%
Botswana37%,
Bangladesh37%,
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 countrieswill 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
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