The Random Discussion / Argument Thread
- Thread starter Sun Ra
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Lessons from 1930 failed tariffs experiment.
History shows that the tariffs severely dampened world trade until 1933, when they were finally relaxed
www.britannica.com
Why would the 2025 World Tariff War be any different in dampening world trade today, than in 1930s?
Tariffs failed then.
And they will fail again now.
Were now watching history repeating itself.
Trump's an absolute fool. There's very little appetite to invest in a nation being dragged under, by an unstable and irrational dictatorship .
History shows that the tariffs severely dampened world trade until 1933, when they were finally relaxed
Smoot-Hawley Tariff Act | History, Effects, & Facts | Britannica
Smoot-Hawley Tariff Act, U.S. legislation passed on June 17, 1930, that raised import duties to protect American businesses and farmers, adding considerable strain to the international climate of the Great Depression. Learn about the development and effects of the Smoot-Hawley Tariff Act in this...
www.britannica.com
Why would the 2025 World Tariff War be any different in dampening world trade today, than in 1930s?
Tariffs failed then.
And they will fail again now.
Were now watching history repeating itself.
Trump's an absolute fool. There's very little appetite to invest in a nation being dragged under, by an unstable and irrational dictatorship .
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- 28
Is that the same FoX Entertainment company that was forced to pay $787M in damages for FAKE NEWS about a 2020 stolen election?
I didn't know they switched over from an entertainment company to a news media source. When did that happen?
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- 3548
Rabbitlicker
Blooming
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- 2656
Antisemitism seems to be flavour of the month at the moment & a political football.
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- 3548
Rabbitlicker
Blooming
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- 2656
I vote for Anarchy. Erm...can you actually DO that??
- User ID
- 5
You and your kind would have left them up there to die rather than have Musk rescue them ,Is that the same FoX Entertainment company that was forced to pay $787M in damages for FAKE NEWS about a 2020 stolen election?
I didn't know they switched over from an entertainment company to a news media source. When did that happen?
,now you have Musk derangement syndrome ,,that’s two viruses now ,,let’s see how fucked up you end up over the next four years .
I can’t wait till they release a derangement vaccine,,backed up by the same science the lefties used with COVID of course,,
or better still build a shitload of asylums ,,free accommodation for the leftie deranged,,,now that’d make the world a better, safer and saner place to live in wouldn’t it Fake news ???
It was all leftie fake, and fools like you believe it all.
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- 28
Derangement is the hero worship of a psychopathic South African.You and your kind would have left them up there to die rather than have Musk rescue them ,
,now you have Musk derangement syndrome ,,that’s two viruses now ,,let’s see how fucked up you end up over the next four years .
I can’t wait till they release a derangement vaccine,,backed up by the same science the lefties used with COVID of course,,
Fake news ???
It was all leftie fake, and fools like you believe it all.
There's a reason his Tesla business is tanking in almost every country in the world that they're sold
MAGA is a cult. Blinded by ideology and conspiracy dumbfuckery.
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- 75
Trump looks like he's taking a dump and his team are backing him 2 back it out
SAW
Baked
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- 4213
I was reading he borrowed big to buy Twitter backed by his stake in Tesla. With Tesla devaluing rapidly there was concern the lenders could end up with X & Tesla.
Ahhh the irony of the Saudis owning an EV company.
Keep it coming Septics, you’ve lost the plots.
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- 28
Interesting article discusses how the Big Lie of the 2020 stolen election has enabled Trump and the fascist regime to trick the MAGA brethren.
www.newyorker.com
USA has now become a fascist dictatorship due to the brainwashing effects of the Big Lie.
What Does It Mean That Donald Trump Is a Fascist?
Trump takes the tools of dictators and adapts them for the Internet. We should expect him to try to cling to power until death, and create a cult of January 6th martyrs.
USA has now become a fascist dictatorship due to the brainwashing effects of the Big Lie.
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- 28
The justification for creating DOGE is part of the Big Lie
Have a look at some actual economic facts
Since 20 January the stock market has already lost over $4 Trillion( not billion but trillion) due to Trump.
You dont need DOGE to cut deficits.
The DOGE approach is now actively wrecking the economy.
Time to wake up to reality MAGA.
Have a look at some actual economic facts
Since 20 January the stock market has already lost over $4 Trillion( not billion but trillion) due to Trump.
You dont need DOGE to cut deficits.
The DOGE approach is now actively wrecking the economy.
Time to wake up to reality MAGA.
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- 28
BREAKING: Canadian Member of Parliament Charlie Angus humiliates MAGA Secretary of State Marco Rubio for his reckless remarks — says that he "needs to be sent back to school" before really tearing in.
America has become the laughingstock of the world under Donald Trump...
"Well, I think Marco Rubio probably needs to be sent back to school because when you say that someone doesn’t have a right to have a country, that’s an act of war," Angus told MeidasTouch.
He was referring to Rubio's support of Trump's idiotic demand that Canada become America's "51st state." Supposedly, the disastrous tariffs are an effort to coerce Canada into surrendering its sovereignty but there is simply no scenario in which they'll agree to do that.
"When you rip up arbitrarily trade agreements, and threaten, and say you're going to break a country, that’s an act of war," said Angus. "And Canadians have responded in kind."
"The boycott that Canada has launched against the United States is punishing," he continued. "We were told in January a 10% drop in Canadian travel to the United States would cost 140,000 jobs. We’re seeing at least a 40% drop now..."
"...and we’re hearing these nightmare stories of ICE detention centers, of people who are traveling across the border to fix their visa or that, that have been strip-searched, chained, and kept in deplorable conditions," he went on.
"Is Donald Trump really trying to destroy the tourism industry in the United States?" asked Angus. "And then like three days before St. Patrick's Day picks a fight with the Irish of all people? You're going to pick a fight with the Irish on the eve of St. Patrick's day, throwing 200% tariffs and then 200% tariffs on France?"
"I mean that's the last bottle of bourbon that'll be sold in a generation in Europe so what we're really picking up here is not just the rising level of resistance in Canada — and I've been on a tour through the industrial heartland of Canada and the resistance is so much stronger than I could have even dreamed — but we're picking up now the rest of the world is watching Canada and following our strategy..." he said.
"...which is just disengage and to disengage economically," he continued. "So the United States has become a much weaker force on the stage of the world. If people aren't buying products, if people aren't traveling, if people aren't willing to buy anything American right now that's hurting so many American businesses who are basically collateral damage in Donald Trump and Marco Rubio and J.D. Vance's idiotic campaign to please the MAGA voters."
"Its hurting us to some degree but it's right now, we think the impact on the average American business that has always had good relations with people in their markets, they're getting punched in the face right now because of what Donald Trump's doing."
Angus is absolutely right. America gains nothing from these destructive trade wars. All Trump is accomplishing is the immiseration of his own people. Meanwhile, our adversaries are starting to look like far more stable trading partners to our former allies.
Soon, America will stand alone.
America has become the laughingstock of the world under Donald Trump...
"Well, I think Marco Rubio probably needs to be sent back to school because when you say that someone doesn’t have a right to have a country, that’s an act of war," Angus told MeidasTouch.
He was referring to Rubio's support of Trump's idiotic demand that Canada become America's "51st state." Supposedly, the disastrous tariffs are an effort to coerce Canada into surrendering its sovereignty but there is simply no scenario in which they'll agree to do that.
"When you rip up arbitrarily trade agreements, and threaten, and say you're going to break a country, that’s an act of war," said Angus. "And Canadians have responded in kind."
"The boycott that Canada has launched against the United States is punishing," he continued. "We were told in January a 10% drop in Canadian travel to the United States would cost 140,000 jobs. We’re seeing at least a 40% drop now..."
"...and we’re hearing these nightmare stories of ICE detention centers, of people who are traveling across the border to fix their visa or that, that have been strip-searched, chained, and kept in deplorable conditions," he went on.
"Is Donald Trump really trying to destroy the tourism industry in the United States?" asked Angus. "And then like three days before St. Patrick's Day picks a fight with the Irish of all people? You're going to pick a fight with the Irish on the eve of St. Patrick's day, throwing 200% tariffs and then 200% tariffs on France?"
"I mean that's the last bottle of bourbon that'll be sold in a generation in Europe so what we're really picking up here is not just the rising level of resistance in Canada — and I've been on a tour through the industrial heartland of Canada and the resistance is so much stronger than I could have even dreamed — but we're picking up now the rest of the world is watching Canada and following our strategy..." he said.
"...which is just disengage and to disengage economically," he continued. "So the United States has become a much weaker force on the stage of the world. If people aren't buying products, if people aren't traveling, if people aren't willing to buy anything American right now that's hurting so many American businesses who are basically collateral damage in Donald Trump and Marco Rubio and J.D. Vance's idiotic campaign to please the MAGA voters."
"Its hurting us to some degree but it's right now, we think the impact on the average American business that has always had good relations with people in their markets, they're getting punched in the face right now because of what Donald Trump's doing."
Angus is absolutely right. America gains nothing from these destructive trade wars. All Trump is accomplishing is the immiseration of his own people. Meanwhile, our adversaries are starting to look like far more stable trading partners to our former allies.
Soon, America will stand alone.
