• Science
    • Planetary Material Conditions
    • Society
    • Politics
    • Doom
    • Doom Philosophy
    • Solutions
    • General category
    • Revolution
  • Move
  • Topic
  • Back
  • Next

    - ‘I have no money’: Thousands of Americans see their savings vanish

    Started by TDoS Apr 10, 2025, 02:59 PM

    Message path : / Society / The American economy / ‘I have no money’: Thousands of Americans see their savings vanish #12


    Selected path :

    TDoS

    • ****
    • Master of Post-Gnostic Perspectives
    • Posts: 559
    Apr 10, 2025, 02:59 PM
    Quote from: Goldernen Oxernen on Apr 10, 2025, 01:16 PMSo the 30 day pause applies to every country except China. Instead, theyre talking about 500% tariff on China, up from about 120% going both ways at present. There are no alternate suppliers for a lot of things made in China. Unless it gets bypassed, If they  go ahead with a suicidal 500%, there should be empty shelves in a month tops.

    This is to some extent good news. For entertainment value if nothing else. After waiting around for decades for SOMETHING doom like to occur (seriously, gasoline rationing in Pennsylvania during global peak oil in 1979 was the last REAL thing) it will be interesting to see how the market reacts to consumers not getting something they want.

    Quote from: Goldernen OxernenHow much chinese components go into American cars, trucks and tractors, or spare parts? Significant amount for sure, especially on the hybrids and EVs.
    Indeed. And how many parts of ANY kind have I put into ANY of my EV's, spanning some quarter million miles now?

    None.

    And I just bought my first BRAND NEW EV....I figure it's good for the kind of 6 figure mileage other ones were without needing much. Like....3 moving parts in the drive train....and  the ones that don't move don't appear to break.

    This is a

    new Diner page

    Logged in as:Guest
    Forum Home