War in Ukraine

#47,352
#47,352
norrislakevol said:
You seriously are not considering their manipulation of their economy to beef up numbers. It's coming back to bite them too.
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That is pretty much the United States way, I mean at this point the Federal Reserve/U.S. Treasury is just a printing press. As soon as they even start to slow down the printing press the system starts to break i.e. like right now globally.

We're living in a fiction of a fiction at this point.
 
#47,354
#47,354
hog88 said:
Because there is zero chance Europe ditches the Euro for the dollar. The EU will break up and countries will revert to their individual currencies before that happens.
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I say it is 50/50 you are correct and volgr is correct. It could go either way.

The point is, however, that it is clear that the EU is on borrowed time if either of you are speculating like this. We've know this for close to a decade when Greece had to go into austerity measures and the EU was coming down on the PIIGS nations (Portugal, Ireland, Italy, Greece and Spain). And then in 2014, they wanted to add to the EU the poorest and most corrupt nation in Europe. And I asked back then and was laughed at... what good would it be for Ukraine to join the EU vs aligning themselves with Russia (and ultimately China and the rest of the Eurasian eastern/southern countries)?
 
#47,357
#47,357
norrislakevol said:
Nope! But we are working on it. Will take years. Gotta bring back pharmaceuticals and electronics ASAP.
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No they're not. The costs are way too high, not even close... not on scale. With NAFTA, they said all the jobs would go to Mexico but that was not true.... the Mexicans got paid way to much so they had to go to Asia. LoL

There is no way to get any meaningful production back into the United States as it presently is, costs are too high.... not even close. This is not only just wages, but healthcare, taxes, and REGULATION. You basically have half the country that doesn't even want these things.
 
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#47,359
#47,359
LSU-SIU said:
That is pretty much the United States way, I mean at this point the Federal Reserve/U.S. Treasury is just a printing press. As soon as they even start to slow down the printing press the system starts to break i.e. like right now globally.

We're living in a fiction of a fiction at this point.
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Oh we definitely have our own problems here, and if we don't watch out we will be in just as bad of trouble as China. The whole world will be feeling the pain soon anyways, so I don't know what really gives first.
 
#47,360
#47,360
norrislakevol said:
Nope! But we are working on it. Will take years. Gotta bring back pharmaceuticals and electronics ASAP.
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We need to move all that cheap labor mfg from China into Mexico and Central America. It brings the money back into our hemisphere, raises the living conditions in those countries and thus encourages them to stay where they are, and builds trade alliances in our hemisphere.
 
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#47,361
#47,361
LSU-SIU said:
No they're not. The costs are way too high, not even close... not on scale. With NAFTA, they said all the jobs would go to Mexico but that was not true.... the Mexicans got paid way to much so they had to go to Asia. LoL

There is no way to get any meaningful production back into the United States as it presently is, costs are too high.... not even close. This is not only just wages, but healthcare, taxes, and REGULATION. You basically have half the country that doesn't even want these things.
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Sure there is. I work in the automation industry. Things are getting more efficient all the time.
 
#47,362
#47,362
NorthDallas40 said:
We need to move all that cheap labor mfg from China into Mexico and Central America. It brings the money back into our hemisphere, raises the living conditions in those countries and thus encourages them to stay where they are, and builds trade alliances in our hemisphere.
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That's right, and more automation will aid in this.
 
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#47,363
#47,363
norrislakevol said:
Oh we definitely have our own problems here, and if we don't watch out we will be in just as bad of trouble as China. The whole world will be feeling the pain soon anyways, so I don't know what really gives first.
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If the system collapses, Asia will get hit hard as you don't feed 4 billion people without a global credit system. But it will be global in nature, many Americans are going to have to go... inner cities will be like Afghanistan.
 
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#47,364
#47,364
norrislakevol said:
Sure there is. I work in the automation industry. Things are getting more efficient all the time.
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Most computer and automation (efficiencies) on scale has taken place in the 70-90s, now its down to splitting hairs, but those efficiencies are done overseas as well.

At the end of the day, costs are way too high.. and lets be honest... half the country doesn't want that stuff back.

All you see them building in mass in this country are Amazon distribution centers.... which are now going empty. LoL
 
#47,365
#47,365
LSU-SIU said:
If the system collapses, Asia will get hit hard as you don't feed 4 billion people without a global credit system. But it will be global in nature, many Americans are going to have to go... inner cities will be like Afghanistan.
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Absolutely 100 percent correct sir. This is exactly what I see happening if it gets bad enough. Prepare!
 
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#47,366
#47,366
NorthDallas40 said:
We need to move all that cheap labor mfg from China into Mexico and Central America. It brings the money back into our hemisphere, raises the living conditions in those countries and thus encourages them to stay where they are, and builds trade alliances in our hemisphere.
Click to expand...
👍
 
#47,367
#47,367
LSU-SIU said:
Most computer and automation (efficiencies) on scale has taken place in the 70-90s, now its down to splitting hairs, but those efficiencies are done overseas as well.

At the end of the day, costs are way too high.. and lets be honest... half the country doesn't want that stuff back.
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You can call it splitting hairs, but I have watched in the last 10 years 20 percent of the workforce at one place I work at be slowly replaced by robots. More of that is coming. It will require half the workers to run an assembly line in 10 years at some places. The workers that are left are slowly getting paid more too.
 
#47,369
#47,369
LSU-SIU said:
No its not volunatary you stupid ass, which is why the United States is threatening other countries that don't do sanctions themselves. That isn't free trade.



And its voluntary for the Ukraine to comply with Russia's demands. There really is no difference.

That is what the world is talking about.... it was a mistake for the world to give the United States this power.



The freezing was done because of the sanctions and now the United States blowing up the pipelines.

How exactly does one sanction and still get the thing from the sanction? LoL

You are trying way too hard.
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Do you believe employment is slavery? I have never understood the argument.

They dont have to do business with us or our banks. They want to because it's the best option for what they want. Doing business comes with requirements. Except for the petrodollars wars in the ME we arent invading other countries trading gold for Russian oil
 
#47,371
#47,371
Rasputin_Vol said:
Largely internal debt, not from foreign creditors.

China will be fine.
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Buts its internal debt they cant offset or pay off. Which would be fine if they were completely communist but the capitalistic parts of their economy, hint the parts making money, are going to get slaughtered by any type of reset.

You already see China refusing to admit reality as they require companies to keep producing even if there is no demand, like they did with steel a few years back. They have to keep people employed or they have big internal issues.
 
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#47,373
#47,373
LouderVol said:
Do you believe employment is slavery? I have never understood the argument.

They dont have to do business with us or our banks. They want to because it's the best option for what they want. Doing business comes with requirements. Except for the petrodollars wars in the ME we arent invading other countries trading gold for Russian oil
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Its a form of servitude or serfdom in a manner. I mean, the King says you can tend to your fields as long as you give him his cut and he can tell all the other buyers they can't buy.

Of course, its a choice but not really. The choice is when the world or say China says enough, which is probably not too far off at the speed this is going. At that point, instead of you typing on a forum, you will be trying to find your next meal as the gravy train will be done for the rest of your life.

I think Russia is making a good case to the world that the bs probably needs to end. I'm sure Europe will figure it out over the next couple of months.
 
#47,375
#47,375
norrislakevol said:
You can call it splitting hairs, but I have watched in the last 10 years 20 percent of the workforce at one place I work at be slowly replaced by robots. More of that is coming. It will require half the workers to run an assembly line in 10 years at some places. The workers that are left are slowly getting paid more too.
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I'm not talking specific plants or industries, sure, but over the whole manufacturing section... most of the efficiencies are there... baby steps now and has been for quite some time.

The United States will not regain significant manufacturing in my lifetime.

- high taxes
- high regulation (if any ability at all to start manufacturing)
- high healthcare costs
- high wages
- shortage of labor
- limited amount of electricity

As I tell the EV folks, you ain't going anywhere in that car without electricity (or cheap electricity). It just simply doesn't exist and I doubt anyone is going to invest heavily in this country in that anytime soon.

The U.S. electricity production is nosedive in per capita terms.

Electricity-Generation-by-major-energy-source-graph-1024x666.jpg
 
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