Technically correct. If Ukraine folded to Russian aggression, there would be no war. Just Russian tanks peacefully visiting Europe like it was 1964.
Which is why I’ll close with: Slava Ukraini!
PS: looking purely at impact of military investments (albeit in a foreign military) Joe Biden might be the American leader that managed to inflict the largest Russian military losses since the second World War, at the cost of practically 0 American lives.
Nobody “made” money here . Ask yourself: who was on the other side of the bet? Pension funds? Retail investors? Insurance companies?
This was a brazen act of highway robbery. There’s a reason SEC is supposed to pursue insider trading. Once the trust in the system is lost, the whole thing folds like a wet deck of cards. Supposed to, but they won’t do a damn thing about this.
You can’t park this at the door of a single individual. This is systemic grift. Fuck the party of law and order.
Don’t forget to gift one to Jon Snow.
But… the swamp…
Proceeds to elect Darth Shreck for a second term.
Sven is a true legend.
Leslie, when that wasn’t important right now.
Please insert face in designated slot; the next available leopard will feast on it momentarily.
deleted by creator
“for-profit detention facility”
And there you have it, folks.
I think you nailed it. In the grand scheme of things, critical thinking is always required.
The problem is that, when it comes to LLMs, people seem to use magical thinking instead. I’m not an artist, so I oohd and aahd at some of the AI art I got to see, especially in the early days, when we weren’t flooded with all this AI slop. But when I saw the coding shit it spewed? Thanks, I’ll pass.
The only legit use of AI in my field that I know of is an unit test generator, where tests were measured for stability and code coverage increase before being submitted to dev approval. But actual non-trivial production grade code? Hell no.
A 100% accurate AI would be useful. A 99.999% accurate AI is in fact useless, because of the damage that one miss might do.
It’s like the French say: Add one drop of wine in a barrel of sewage and you get sewage. Add one drop of sewage in a barrel of wine and you get sewage.
Mate, can you imagine president Vance? Careful what you wish for.
Trump is shallow at best.
PiHole
AdAway
Burn the ads down.
Yeah, stupid me, hitting first is the action actually leading to a good outcome. Duh!
But we’re the biggest leopard fans! Surely he won’t feast on our faces?
Swipe left on the TV screen 😂
Get your kid a smartphone, then there’s no need for a library pass.
I don’t disagree with you in principle. But in practice, at 145%, I don’t see how this wouldn’t turn into an extremely disruptive event for the importing company.
Let’s say, for the sake of argument, that the profit margin on Chinese product A is 150%. Even if, in theory, the whole tariff can be supported by the company, that would be very unlikely to happen, as the YOY results would kill its numbers, leading to lower guidance, falling share prices etc. The more likely scenario is that at least a part of that will be passed on downstream and will eventually lead to higher prices for the consumer.
There are probably US importers out there that got used to making like bandits on cheap Chinese imports topped off with huge profit margins, but how big would those have to be for the company to be able to absorb the impact? 300%? 500%? And even if they’re able, the temptation of passing some of the cost downstream is going to be there. After all, they have the perfect excuse.
As for the Chinese e-commerce giants (AliBaba, Temu etc.) , they don’t even bother, the full tariff costs are applied to the purchase for every US order. So let’s not include those.
Now, I can see you have an above average understanding of economy. Do you disagree with the above? I have been arguing your points in good faith, I hope you’ll offer me the same courtesy.