Tariffs, Protectionism, Trade Deficits, and Trade War

[Speaker to Animals]

Well, in my niche industry, I saw huge portions of software projects offshored to the third world, especially Russia and Malaysia. The code we got in return was awful and defect-ridden. We had to spend as much time fixing it as we would have had to spend just writing it ourselves.

Butter your toast however you please.

[SuburbanFarmer]

It’s almost as if we should utilize the third world for manufacturing things, and do our own technology work...

[Viktorthepirate]

Well, in my niche industry, I saw huge portions of software projects offshored to the third world, especially Russia and Malaysia. The code we got in return was awful and defect-ridden. We had to spend as much time fixing it as we would have had to spend just writing it ourselves.

Butter your toast however you please.

My mom is in tech, had the same issue you described.

For what I do it's easy enough to QA/QC if you halfway know how to control a vendor. Just got done having a consultant train a mfg I use in Shanghai. They were acceptable but we wanted the spec improved.

I will say I've seen quite a few precision machined parts have trouble when imported, but what I need is less precise than that so it's not a problem for me.

[Speaker to Animals]

Close the loophole.

[kybkh]

BTW, are you a Schiff guy? Did you listen to the podcast episode in the OP for this thread?

I have kinda thrown in the gold bug towel. Stopped listening to Kings World News couple of years ago. Don't even listen to Gerald Celente anymore.

After the slide of hand the Federal Reserve was capable of doing in 2007, I don't imagine there is much that they can't manipulate.

The real and only threat to the value of the US dollar is public unrest.

Seems the entire developed world is in the same fiscal boat. We are still on the highest deck so as the ship sinks we will always be in the best relative position unless the lower decks get rowdy and capsize the ship.

We are the most stable and free nation in the world even if it appears as some within our nation would prefer otherwise.

[SuburbanFarmer]

LOL

https://www.zerohedge.com/news/2018-03- ... will-enact

On economic impact:

White House official says there will be no significant downstream price effects, and thus no significant downstream job effects
Expectation counters multiple statements and prognostications from several companies and industry groups that use steel and aluminum, as well as lawmakers representing them, who have warned the tariffs will harm their businesses or industries
Only job effects White House sees are positive ones in U.S. steel, aluminum industries: official
Says process extremely, carefully well vetted

This is going to blow up in his fucking face, wow...

[Speaker to Animals]

I am still waiting for the global economic collapse you predicted after Trump won the election..

[SuburbanFarmer]

I am still waiting for the global economic collapse you predicted after Trump won the election..

He just hit the gas on it, for sure.

[C-Mag]

The EU Buckled

Trump and America wins this round

[Haumana]

The EU Buckled

Trump and America wins this round

More needless hand wringing by all the "experts" and MSM. Scared money is the easiest money to win. But Trump is a buffoon who doesn't know what he is doing.