• @[email protected]
      link
      fedilink
      7313 days ago

      People that can still afford stuff will be so cool. The hippest tech, biggest cars and newest kicks, everything will be uber exclusive. This is good for america because reasons.

      • @[email protected]
        link
        fedilink
        4713 days ago

        This is good for america because reasons.

        People with lifted pickup trucks can now go into even more debt, so they can flex on the “poors” (while complaining about their “economic anxiety”).

        • @[email protected]
          link
          fedilink
          1413 days ago

          Not to worry. If gas is a little cheaper while they fill up their tanks at the pump, they’ll be happy to pay [insert car financing company here] exorbitant amounts of money and think they’re winning

        • @[email protected]
          link
          fedilink
          112 days ago

          I think car industry regulations (ratio of gas per weight or something) are one of the incentives for production of such trucks. So again - this may eventually get better if “deregulation” stops being a curse. Not with Trump, of course.

      • @[email protected]
        link
        fedilink
        813 days ago

        Especially because every grift that trump has made, his shoes and the like, were all made internationally. Wonder who will pay for those tarrifs when he does the same?

      • @[email protected]
        link
        fedilink
        612 days ago

        If that is truly their plan, they are dumber than we fucking figured.

        If a billionaire wants to buy a swimming pool, he needs a considerable amount of other people to be able to afford swimming pools or it it becomes impossible for him to get one at all eventually.

        To have a swimming pool, there needs to be an industry of specialized labororers who can manufacture and install. There has to be electricians who specialize in mixing water and electricity. There has to be people working the factories where the chlorine gets manufactured and bottled.

        This is true for every product that billionaires consume. You really gotta think that these people with all this wealth would have people on the payroll pointing this out to them.

        • ℍ𝕂-𝟞𝟝
          link
          fedilink
          English
          612 days ago

          That is more of a millionaire problem. A billionaire can afford to fly the specialists and the materials in from Europe.

        • @[email protected]
          link
          fedilink
          112 days ago

          Party officials in USSR kinda managed to keep such an industry for their nice things. It’s not as complex as computers.

      • @[email protected]
        link
        fedilink
        112 days ago

        This is good. Same way forest fires can be good.

        But those people thinking they’ll be the elite don’t quite realize how exactly.

    • @[email protected]
      link
      fedilink
      15
      edit-2
      12 days ago

      And now do some basic Google Foo and find out what is manufactured in Taiwan. If China gets it’s way, because Trump thinks Xi is cool and he’s a good guy, China will just waltz in - TSMC, ASML and Trumpf have some safeguards in place as far as I know to destroy anything valuable. So while you might want to buy shit, you can’t because the Cheeto and his cronies collapsed it.

      • @[email protected]
        link
        fedilink
        212 days ago

        That would in long term be good. I’m serious. Keeping all your eggs in one basket is bad, and other than that - said one basket may, for example, not scale production fast enough so to keep profits, that’s basic supply and demand and that’s what oil producers do too.

        Short term, though, would be similar to a collapse of civilization.

        • @[email protected]
          link
          fedilink
          312 days ago

          Short term, though, would be similar to a collapse of civilization.

          Would it? Civilization doesn’t depend on bleeding edge high tech. Sure, it depends on tech, but look around who’s making ICs or basic processors that are in machine control panels and all the millions of appliances. AMD, Intel, Qualcomm, Broadcom do the “heavy lifting” in terms of monetary value, but in overall quantity? Samsung, SK Hynix, STMicroelectronics, Infineon, Sony, Renesas and NXP are the ones that make the world go round. Infineon is German, NXP is Dutch, Renesas is Japanese, STMicroelectronics is Swiss. The thing that’s really going to hurt is Foxconn, but they are probably global enough to withstand that. There’s also many, many more local players. BOSCH for example has very high capacities for everything up to 80 Nanometers (Pentium 3/4, Athlon 64…)

          Civilization would crack, sure - but i don’t think it would collapse. Society on the other hand…that’s a different paper.

          • @[email protected]
            link
            fedilink
            212 days ago

            Society on the other hand…that’s a different paper.

            I meant that too. But would actually be interesting, if electronics around us would still be a normal thing, but smartphones changing every year and carelessly used computing power will not. I think it would feel like waking up from a fever dream.

            • @[email protected]
              link
              fedilink
              111 days ago

              I mean, “change” per se isn’t necessarily something bad. Meaning, stuff needs to last longer (again) in those cases. Planned Obsolescence is a real thing, that’s however only economical as long as raw materials are relatively cheap. But it would be nice if companies just did that change, instead of being forced in to it…

              • @[email protected]
                link
                fedilink
                111 days ago

                The issue is - tariffs and regulations already exist and force them the other way in fact. So the matter of purity doesn’t suffer here. Relatively.