NEVER has a worldwide economic recession been more predictable

[John Clark]

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 tariffs country 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%
Botswana 37%,

Bangladesh 37%,

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 countries will 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:

John K Clark    See what's on my new list at  Extropolis

6x0

[Lawrence Crowell]

Get ready, we are heading for a big worldwide train wreck.

It is intentional I think. That way they can steal all they can and then declare an emergency to seize total power.

LC

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[John Clark]

On Thu, Apr 3, 2025 at 10:00 AM Lawrence Crowell <goldenfield...@gmail.com> wrote:

> Get ready, we are heading for a big worldwide train wreck.

If we're lucky that's what will happen. 

 

> It is intentional I think. That way they can steal all they can and then declare an emergency to seize total power.

Maybe, but I doubt it because I don't think Trump is that smart. I think Trump, being an economic imbecile, really believes this will lead to prosperity because unlike his first term during his second coming he has surrounded himself with yes men so there is nobody in his orbit to tell him that he's not just wrong but ridiculously wrong. The only good thing that could come from this fiasco is that Trump's status as a demigod will start to tarnish even among his most fanatical disciples because they're not going to be happy about paying more for the things they really care about, trucks, beer, and big screen TV so they can watch professional wrestling. And if Trump loses his popularity Republican politicians will cease being so terrified of him and may actually cease being invertebrates and grow a backbone.

It's really amazing how Trump can be so wrong about so many unrelated things, even if you just used random chance in making decisions about economic and foreign policy you could do much better than Trump. I can't decide if his defining characteristic is his evil or his stupidity.  

 John K Clark

 

[Lawrence Crowell]

Of course t'Rump is not that smart. He actually believes his mental narrative that this will bring on his vision of a golden age. It is the people behind him who are using t'Rump as a foil to accomplish this.

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[Keith Henson]

On Thu, Apr 3, 2025 at 7:25 AM John Clark <johnk...@gmail.com> wrote:
>
snip

>
> It's really amazing how Trump can be so wrong about so many unrelated things, even if you just used random chance in making decisions about economic and foreign policy you could do much better than Trump. I can't decide if his defining characteristic is his evil or his stupidity.

Same effect. It is hard to tell if the effects are intentional or the
result of not anticipating consequences. The first round of tariffs
on China cost the US farmers a huge chunk of their market. Most of
them voted for it to happen again. Shutting off sales of graphics
chips caused the Chinese to figure out how to reduce the cost of
training AIs to the point they became a major rival in the business,
releasing an open model on the AI market.

Consider what would happen if the US were to invade Canada. By
analogy to what happened in Iraq, where around 450,000 died, an
invasion of Canada would kill between 100,000 and a million Canadians.
Would their response to an invasion include nuking a US city, for
example, DC? Would the Chinese sell them nuclear weapons? Likely.
Could they build them? Probably. Years ago I posted details about a
cult (like Aum Shinrikyo) building nuclear weapons to wipe out a
zoning board. (Tunnel of Love story, long unpolished version
https://htyp.org/Bad_Days). Somewhere I have read that the Japanese
could deploy nuclear weapons in a month.

Consequences.

If this is what the current administration wants, invading Greenland
would be a good start.

Keith

> John K Clark

>
>
>
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[John Clark]

On Thu, Apr 3, 2025 at 12:20 PM 'spudb...@aol.com' via Everything List <everyth...@googlegroups.com> 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. And lowering the tax on the super wealthy and radically raising the tax on the lower and middle class, which is what these tariffs will do, is a very poor way to prepare for the singularity! 

Bill Gates AI Statement "Humans Will No Longer Be Needed"

> 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

wle 

Philippines: 17%
Norway: 15%

6x0

[Will Steinberg]

The way I see it, it’s like “at least SOMETHING is happening”.

Whether you want to admit it or not, the Democrats got lazy—both parties tbf—and this is the result.  Maybe someone will have some balls now.

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[John Clark]

On Thu, Apr 3, 2025 at 2:33 PM Will Steinberg <steinbe...@gmail.com> wrote:

> Whether you want to admit it or not, the Democrats got lazy

Yeah yeah I've heard it all before, it's all the fault of people like me not people like you. Well Will my boy you wanted Trump to win and you got your wish, SO NOW YOU OWN HIM!

John K Clark

[Lawrence Crowell]

The US military could probably walk all over Canada in a week. I don't think Canada would have time to fight with foreign weapons. Canada would have to fight a partisan type of war to eventually free itself.

LC

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[Will Steinberg]

It couldn’t have been any other way, that’s what you don’t get.  It’s not the fault of people like me but rather the people who failed to offer ANY resistance.  Trust me when I say a candidate with even the vaguest competence would have wiped the floor with Trump.  Kamala was a moron and they cynically chose her to try and appeal to a segment of people who only vote based on demographic boxes checked, unfortunately for them (but fortunately for politics here in the long term) that segment had shrank more than they anticipated.  Perhaps next time they will focus on choosing someone competent 

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[John Clark]

On Thu, Apr 3, 2025 at 4:35 PM Will Steinberg <steinbe...@gmail.com> wrote:

 > It’s not the fault of people like me

You may want to forget it but I haven't, on October 26 2024 you said "People like you make me hope he wins". Well you got what you hoped for. Congratulations. 

John K Clark 

[Lawrence Crowell]

Kamala is pretty smart actually. We are in a time where ignorance and simple mindedness are vaulted. Stupid people have defined things such as zombies featured in horror movies. They galvanized behind t'Rump. If ignorance and  insanity have a grip on the average people in any society you are treading to disaster.

LC

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[Keith Henson]

On Fri, Apr 4, 2025 at 8:28 AM Lawrence Crowell
<goldenfield...@gmail.com> wrote:
>
> Kamala is pretty smart actually. We are in a time where ignorance and simple mindedness are vaulted. Stupid people have defined things such as zombies featured in horror movies. They galvanized behind t'Rump. If ignorance and insanity have a grip on the average people in any society you are treading to disaster.

That's true. But humans have been selected for insanity. Back in the
Stone Age the choice about once a generation was between going to war
with neighbors or starving. War (which is insane from an individual's
view) resulted in more gene copies surviving than starving (in the
model presented at
https://arelzedblog.wordpress.com/2024/12/01/berserk/ )

What happens in a population that sees a bleak future is that social
disruption memes build up and the population supports irrational
leaders because in the past such a course (on average) was better for
genes.

It's a hard meme for people to get their heads around. I suspect that
humans have been selected to reject insight into their motives.

Keith

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