The natural evolving process works same way with or without humanity creating artificial tomorrows daily.GHETTO BLASTER » 11 Nov 2024, 5:31 pm » wrote: ↑ We have a choice right now to either throw our hands up and do nothing or to bite the bullet and wean ourselves away from this dependency.
Every long journey begins with the first step... :)
I agree with your sentiment sir.GHETTOBLASTER » 11 Nov 2024, 5:31 pm » wrote: ↑ We have a choice right now to either throw our hands up and do nothing or to bite the bullet and wean ourselves away from this dependency.
Every long journey begins with the first step...
Guess you've never heard of Vizio, Sharp or Toshiba?
Sumela » 11 Nov 2024, 5:57 pm » wrote: ↑ I agree with your sentiment sir.
It just seems damned near impossible.
I assure you, at the first sign of a market drawdown, one of which is coming in Q1 2025, Trump will demand a massive lowering of interest rates from J Powell.Fuelman » 09 Nov 2024, 12:42 pm » wrote: ↑ Hate to be the bearer of bad news but prices will not come down much if any.
There have been several multinational companies reporting they are already working on reducing production in China.
I have no argument with that strategy.GHETTOBLASTER » 11 Nov 2024, 7:58 pm » wrote: ↑ We could give up pouring money into our unwinnable war with Russia and instead pay ourselves to stop relying so heavily on Chinese goods....![]()
Same goes with the massive amount we spend on buying friendships everywhere else.
What is the one universal thing unwinnable for every reproduction occupying space today?GHETTO BLASTER » 11 Nov 2024, 7:58 pm » wrote: ↑ We could give up pouring money into our unwinnable war with Russia and instead pay ourselves to stop relying so heavily on Chinese goods.... :idea:
Same goes with the massive amount we spend on buying friendships everywhere else.
That battle is no doubt coming. The consumer has remained resilient even with these interest rates. Guess everyone is flush with cash or putting it on a credit card.LowIQTrash » 11 Nov 2024, 8:25 pm » wrote: ↑ I assure you, at the first sign of a market drawdown, one of which is coming in Q1 2025, Trump will demand a massive lowering of interest rates from J Powell.
And he will likely cave.
Guess what that’ll do to inflation…
I agree seniors get screwed most of the time by inflation. I always wondered why the social security COLA is set by only the 3rd quarter inflation numbers. It just doesn't keep up!DeezerShoove » 10 Nov 2024, 11:19 am » wrote: ↑ Have prices ever "come down" in any meaningful way after a bout of high inflation?
And I don't mean a weekend sale for tires or pork chops.
If folks get a wage increase commensurate with the inflation rate, they are basically at a wash.
Fixed income people just got ****. Happens constantly.
That is why they call inflation the "generational tax".
This simple concept is devastating and very real. Old people are a cash cow for America.
Process of evolving doesn't leave anything the same results again balancing forward now. That is a living in series parallel space situation for each lifetime after conceived coming from nothing until that conception happened.Fuelman » 12 Nov 2024, 9:23 am » wrote: ↑ I agree seniors get screwed most of the time by inflation. I always wondered why the social security COLA is set by only the 3rd quarter inflation numbers. It just doesn't keep up!
All the planning in the world for retirement gets upended with a few years of higher inflation. I retired in January of 21, it's a different landscape now.
31stArrival » 12 Nov 2024, 10:16 am » wrote: ↑ Process of evolving doesn't leave anything the same results again balancing forward now. That is a living in series parallel space situation for each lifetime after conceived coming from nothing until that conception happened.
Time occupying space is personal location here so far. You never remained the form of that fertilized cell event. No body does.
Not "most of the time".Fuelman » 12 Nov 2024, 9:23 am » wrote: ↑ I agree seniors get screwed most of the time by inflation. I always wondered why the social security COLA is set by only the 3rd quarter inflation numbers. It just doesn't keep up!
All the planning in the world for retirement gets upended with a few years of higher inflation. I retired in January of 21, it's a different landscape now.
The outlier would be those with liquid assets. My grandparents killed it in the 80's just after they retired. Those high bond rates propelled them to a very comfortable retirement and didn't own one share of stock.DeezerShoove » 12 Nov 2024, 10:35 am » wrote: ↑ Not "most of the time".
ALL of the time.
If a person is not working and getting wage increases meant to keep pace with inflation, that person is losing.
That is a HUGE sector of the population.
Why do people believe the lying **** trump hating media. Must be stupid.Vegas » 09 Nov 2024, 12:23 pm » wrote: ↑ There are always pros/cons to tariffs...well, for any issue for that matter. However, in this particular case, there appears to be more harm in it for Americans than good. Trump believes that these tariffs will reduce our trade deficit and encourage more domestic production. However, tariffs always have the danger of inducing inflation. We are still dealing with high prices. We can't afford our inflation to rise higher. The numbers of inflation were manipulated by the Biden/Harris administration. They don't accurately depict the real inflation. Tariffs increase the cost of imported goods, leading to higher prices for consumers. This can reduce purchasing power and disproportionately impact lower-income households. Even if domestic production increases, and that is a big if, it isn't going to offset the higher prices that we are already enduring.
- China: A 60% tariff on all Chinese imports, aiming to reduce the U.S. trade deficit and encourage domestic manufacturing.AP News
- Mexico: A 25% tariff on all imports from Mexico, intended to address concerns over trade imbalances and manufacturing shifts to Mexico.U.S. News & World Report
Yea, I have a Visio TV.