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A Political Thread pt. 2


God gets the blame all the time on this with his master plan. Apparently American evangelicals believe Trump was saved from an assassin's bullet (he got hit by the shrapnel of it) by God and he's already used it as justification for getting re-elected.

Hitler also escaped assassination so presumably in their eyes God saved him as well to continue to wreak havoc until his hand was controlled by God to put a bullet through his own skull.

 
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China not backing down. Trumps going to pop his cork.
That's not the story.

The story is there has been a massive sell off of US treasury bonds in the last couple of days.

That trillion dollar debt of the USA? Doesn't take much movement in the bond market to make the interest payments really add up.

If that really starts to run away, you could be looking at the US government facing no option but to default.

Which of course, would be nothing new to the failed businessman in charge - with his track record of at least 6 bankruptcies. No-one does defaulting better than him.
 
Apparently Kier is about to bend the knee. Looks like American goods are about to flood into the UK, and jobs flood back here.

Serious question - what does the US make that the UK consumer will now buy as a result of this? What materially changes for the UK consumer?

Items will still be better quality and or cheaper acquired from elsewhere.

A US tariff with everyone else in the world does not mean those other countries don't have tariff-free trading between themselves.
 
EU votes to impose tariffs on US imported goods

European Union member states have voted in favour of imposing tariffs on some US imported goods, a statement from the European Commission confirms.

The new tariffs will come into effect from 15 April.

"The EU considers US tariffs unjustified and damaging, causing economic harm to both sides, as well as the global economy," the statement reads.

"The EU has stated its clear preference to find negotiated outcomes with the US, which would be balanced and mutually beneficial."
 
Serious question - what does the US make that the UK consumer will now buy as a result of this? What materially changes for the UK consumer?

Items will still be better quality and or cheaper acquired from elsewhere.

A US tariff with everyone else in the world does not mean those other countries don't have tariff-free trading between themselves.
Well Kier wants to place troops in Ukraine. So you will need guns, ammo, missiles, etc. We make pretty good stuff.
 
Well Kier wants to place troops in Ukraine. So you will need guns, ammo, missiles, etc. We make pretty good stuff.
No chance will the UK government be rushing to buy American munitions, or indeed anything else American, at any time in the near future.
To do so would make them unelectable.

Furthermore, they will definitely be looking to make as much as possible locally to mitigate the effect of tariffs* as much as they can.

*say, someone in JLR that has lost their job building cars now no longer exported to the US market can now spend their working day making missiles instead. Wouldn't be a massive departure given the history of the Castle Bromwich region.

Back to the question, "Serious question - what does the US make that the UK consumer will now buy as a result of this? What materially changes for the UK consumer?
 
Citation needed (not that I disbelieve it, but a citation is always better than an assertion)
From the BBC


UK has to step up and act differently in wake of Trump tariffs, Starmer says

Keir Starmer in a suit with red background.
Image source,Getty Images
The world needs to start acting differently in the wake of US President Donald Trump's tariffs, Keir Starmer says, adding that a trade deal with the US or changing the rates of tariffs against the US will not be enough.

"Simply thinking that any change in the rates, or any deal is going to be enough, to my mind is wrong," the prime minister tells ITV, adding "we've got to step up and act differently".

"We are actually, there's a changing world, we're entering a new era. We have to think and behave in a way that reflects that".

He says that the UK is negotiating with the US and hopes to "improve the situation".
 


Imagine trying to go toe-to-toe with a greater foe when your society is trailing ITALY in productivity gains. I knew the UK was in trouble, but the recent data shows it's a complete basketcase.

No wonder the premiership is about to collapse.
 

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