Comment by OGEnthusiast
7 hours ago
The fact that this is even plausibly true means that the non-AI (and maybe even non-tech) American economy has been stagnating for years by now.
7 hours ago
The fact that this is even plausibly true means that the non-AI (and maybe even non-tech) American economy has been stagnating for years by now.
Almost all my money goes to mortgage, shit from China, food, and the occasional service. It does make me wonder some times how it all works. But it's been working like this for a long time now.
The tariff wars certainly didn't help.
depends, on which side, of the tarrifs an economy happens to be and where, geopoliticaly.
AI, or whatever a mountain of processors churning all of the worlds data will be called later, still has no use case, other than total domination, for which it has brought a kind of lame service to all of the totaly dependent go along to get along types, but nothing approaching an actual guaranteed answer for anything usefull and profitable, lame, lame, infinite fucking lame tedious shit that has prompted most people to.stop.even trying, and so a huge vast amount of genuine human inspiration and effort is gone
The thing about tariffs is you’re guaranteed to be on both sides because the other side retaliates.
Farmers get screwed twice because our tariffs increase the costs of their inputs and the retaliation reduces the value of outputs.
If I was a farmer I’d be tearing my hair out about now.
2 replies →
Pretty sure the stagnation has a cause beginning in 2025 and that has to do with things like: Canada refusing to buy ALL American liquor in retaliation. China refusing to buy ANY soy beans in retaliation. In retaliation for what you might ask? I leave that as an exercise for the reader. If you are unable to answer that question honestly to yourself you need to seriously consider that your cognitive bias might be preventing you from thinking clearly.
The fundamentals behind the 2008 financial crisis didn't come from nowhere and the "solution" to 2008 did little more than kick the can down the road.