Tuesday, May 06, 2025

Sober Analysis of the Coming Economy

Starting at 26:55 JVL gives a summation of what is coming in the next few months. And it is SCARY

Comments

This is great reason why you should not get your economic news from journalists with biology degrees. All they do it quote other morons.

The China trade war is already over and CHINA HAS LOST. This ------- is one of the liberals whose head is going to explode when he hears about the upcoming trade talks (finance.yahoo.com) because they have been programmed to thinking the US and they ignore reality at all costs.

For instance, he quotes that the US retailers are the ones that truly benefit huge from Chinese goods - first, his estimate on the retail sales of Chinese goods is ridiculously high, second, he is mixing imports that are simply tech products ASSEMBLED IN CHINA (like the iPhone) and products that China actually produces totally in house. Another great example is the luxury handbag stories ongoing now - yes, that $600 bag sells for $30,000 - but, THE CHINESE BRAND WILL NEVER BE ABLE TO COPY IT AND SELL AT $30,000.

The iPhone is a great example. $100B (retail value) of Chinese made iPhones sold in the US last year. By 2026, 0% of that will be made in China and over 1M Chinese manufacturing jobs are being cut and moved to India to support it. China can't simply make their own iPhone because they are just the assembler - AND THEY DON'T EVEN OWN THE ASSEMBLY COMPANY - that is owned by the Taiwanese.

All this gloom and doom by the ------- liberals is all based on false assumptions. NOTHING made in China is actually a life or death product for Americans. However, the Chinese are TOTALLY DEPENDENT on the US or their already failing manufacturing sector falls off a clip and their people starve due to lack of food and energy. China already told you this by exempting over 25% of US imports from their reciprocal tariffs.

#1 | Posted by ScottS at 2025-05-06 07:52 PM

-yawn-

#2 | Posted by LegallyYourDead at 2025-05-06 09:27 PM

"#2 | Posted by LegallyYourDead"

We already got the opinion of a journalist with a biology degree that never started or ran a company's opinion - how about you weigh in on tariffs on behalf of those with pretend law degrees?

#3 | Posted by ScottS at 2025-05-06 10:48 PM

Experts are saying the empty shelves will start hitting May 10 along the west coast and spreading east later in the month.

That is when the massive layoffs will hit.

Like we're driving full speed into a brick wall and the driver refuses to look.

This is UNAVOIDABLE

Wake the fuck up morons.

#4 | Posted by truthhurts at 2025-05-06 11:29 PM

"Experts are saying the empty shelves will start hitting May 10 along the west coast and spreading east later in the month.
That is when the massive layoffs will hit.
#4 | Posted by truthhurts"

That is nothing compared to the flaming gerbils that will come shooting out of your ass. All three events have a slightly above zero chance of occurring. If I was replying to ClownShack, the flaming gerbil bit would probably be 50/50.

#5 | Posted by ScottS at 2025-05-07 01:27 AM

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