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Re: Forum gossip thread by Lokmar

Money Sense

Started by Anonymous, August 20, 2015, 08:46:39 PM

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Thiel

Quote from: Lokmar on April 10, 2025, 03:27:46 PMOnce they do that, and I hope they do, we wont be able to afford their cheap shit.
It would be mutually assured self-destruction.
gay, conservative and proud

Lokmar

Quote from: Thiel on April 10, 2025, 03:45:15 PMIt would be mutually assured self-destruction.

I'm A-OK with it. We'll get through it just fine eventually. This fucking chinese domination of us has to end with Trump. I cant trust anyone else to do it. After Trump, if he hasnt saved us, we'll go back to the same old fucking bullshit.
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Thiel

Quote from: Lokmar on April 10, 2025, 04:59:58 PMI'm A-OK with it. We'll get through it just fine eventually. This fucking chinese domination of us has to end with Trump. I cant trust anyone else to do it. After Trump, if he hasnt saved us, we'll go back to the same old fucking bullshit.
America is too dependent on China for critical products. I agree that must end.

But, it is unrealistic to think the America is going to do that overnight. It took China decades to develop the capacity and supply chains to become the world's factory floor. It will take some time to bring it back to America.
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Lokmar

Quote from: Thiel on April 11, 2025, 03:03:54 PMAmerica is too dependent on China for critical products. I agree that must end.

But, it is unrealistic to think the America is going to do that overnight. It took China decades to develop the capacity and supply chains to become the world's factory floor. It will take some time to bring it back to America.

Many have said its unrealistic to try. Trump is going to make massive gains in getting this done.

Thiel

Quote from: Lokmar on April 11, 2025, 03:09:33 PMMany have said its unrealistic to try. Trump is going to make massive gains in getting this done.
If he moves too fast he could stop the repatriating of industry.

Look, this will not happen under Trump's watch or even Vance's if he is the nominee and wins the 2028 election. This will take a least a decade.
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Lokmar

Quote from: Thiel on April 11, 2025, 03:15:52 PMIf he moves too fast he could stop the repatriating of industry.

Look, this will not happen under Trump's watch or even Vance's if he is the nominee and wins the 2028 election. This will take a least a decade.

I can tell you this via first hand knowledge, my company had plans to move some production out of the country and this has stopped it dead in its tracks. There's also the cucknadian furniture company thats moving production out of cucknadia and into North Carolina.

Thiel

Quote from: Lokmar on April 11, 2025, 03:26:20 PMI can tell you this via first hand knowledge, my company had plans to move some production out of the country and this has stopped it dead in its tracks. There's also the cucknadian furniture company thats moving production out of cucknadia and into North Carolina.
That's called a trickle. Most of America's manufactured goods will continue to be imported for years no matter what Trump does. He cannot magically bring home the manufacturing supply chain overnight.

It took years for America to lose it's industrial base. It will take years to get it back.
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Oliver the Second

Quote from: Thiel on April 11, 2025, 03:30:27 PMIt took years for America to lose it's industrial base. It will take years to get it back.



All the more reason to get started now.
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Dove

Quote from: Oliver the Second on April 11, 2025, 03:40:44 PMAll the more reason to get started now.

 Exactly. Gotta start somewhere.

 Everyone complaining has been fine with kicking the can down the road until we collapse....but now people are freaking out?
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My happiness is all of your misery. I put good dick all in my kidneys.

Thiel

I agree with Oliver the Second and I agree with Dove. The time to get started was yesterday.

What am I saying is that you have to be realistic about how long it will take to repatriate America's industrial base.
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Lokmar

Quote from: Thiel on April 11, 2025, 03:30:27 PMThat's called a trickle. Most of America's manufactured goods will continue to be imported for years no matter what Trump does. He cannot magically bring home the manufacturing supply chain overnight.

It took years for America to lose it's industrial base. It will take years to get it back.

It absolutely does not take years. Maybe 6-18 months for most things. For the stuff we (company I work for) moved several years ago, it was MAYBE 6 months. Glad Trump has started. Really, he needs to cut china the fuck off, period.

JOE

Quote from: Dove on April 11, 2025, 03:47:56 PMExactly. Gotta start somewhere.

 Everyone complaining has been fine with kicking the can down the road until we collapse....but now people are freaking out?

Couple things I disagreed with Trump's approach tho avatar_Dove Dove.

Instead of trying to bring back low level manufacturing jobs, Trump/Musk should be concentrating on higher skilled technical jobs of the future. So instead of blowing off Europe, Canada, Australia,  Japan & like minded countries Trump should have tried to unite them against China. If that is who is really targeting.

The other thing too is I wouldn't dismantle the Department of Education but restructure it so it'd be more like 'Science Technology Medical & Skilled Trades Education'.

While I think there was a good case to revamp the department and fire useless bureaucrats the US needs a new focus on higher skilled jobs to maintain and raise its standard of living.

That's what Europe and Canada seem to be on the path for.

Anyways that's just my 50 cents. Just another POV eh.

Dove

Quote from: JOE on April 11, 2025, 05:45:58 PMCouple things I disagreed with Trump's approach tho avatar_Dove Dove.

Instead of trying to bring back low level manufacturing jobs, Trump/Musk should be concentrating on higher skilled technical jobs of the future. So instead of blowing off Europe, Canada, Australia,  Japan & like minded countries Trump should have tried to unite them against China. If that is who is really targeting.

The other thing too is I wouldn't dismantle the Department of Education but restructure it so it'd be more like 'Science Technology Medical & Skilled Trades Education'.

While I think there was a good case to revamp the department and fire useless bureaucrats the US needs a new focus on higher skilled jobs to maintain and raise its standard of living.

That's what Europe and Canada seem to be on the path for.

Anyways that's just my 50 cents. Just another POV eh.

Trump is representing a nationalist agenda. America first.

 So what he is doing makes perfect sense.

 I'm nervous too. My man is invested in the market pretty hard and has alot alot of money in it...and he isn't even sweating.

 He has talked my oldest daughter down a few times and made her feel better lol.
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My happiness is all of your misery. I put good dick all in my kidneys.

JOE

#1123
Quote from: Dove on April 11, 2025, 06:07:21 PMI'm nervous too. My man is invested in the market pretty hard and has alot alot of money in it...and he isn't even sweating.

Oooh. I'm not so confident about the markets lately avatar_Dove Dove.

When the best performing assets are Gold/T-Bills/Cash, makes ya wonder.

I'd rather not put money inta the markets until things settle down & are more stable.

If the market goes down, then it's doing the work for the investor if he/she is on the sideines, rather than the investor chasing -negative returns. Jump in to invest when prices slide more.

But that's just my take.


The Donald

Nobody should sweat the markets. They always go up.

Reshoring manufacturing is a goal that I will achieve come hell or high water.
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