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Signor Schober
@schober
The real issue with the Trump China tariffs is that Chinese exporters will collapse and many will close their business, and then US businesses cannot import shit, because nobody is exporting anything anymore. But the US cannot replace any manufacturing within months, let alone 1 or 2 years. So prices of whatever is left will go up massively, super inflation. It's a real downward spiral into global economic depression.
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Smokeox
@smokeox
Fundamental question here is whether America can meaningfully reshore key manufacturing. Maybe trump to announce special economic zone with heavy deregulation within the next 2-3 months?
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Smokeox
@smokeox
@communitybets
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