r/WallStreetbetsELITE 18d ago

MEME Doug Ford says U.S. plans to introduce ‘global tariff’ on April 2

https://www.ctvnews.ca/toronto/article/doug-ford-says-us-plans-to-introduce-global-tariff-on-april-2/

Be prepared, this hasn't hit CNBC yet today....

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u/[deleted] 18d ago edited 10d ago

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u/ytman 18d ago

I don't know man. Sometimes you gotta let the thing die. It definitely isn't trying to keep itself alive.

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u/[deleted] 18d ago edited 10d ago

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u/ytman 18d ago

Many people die under it. I mean here is the thing - there is a world of difference between 'making something collapse', 'letting something collapse', and 'watching something collapse'.

The vast majority of us are just watching it. We can't do anything. The most we can do is be honest, be prepared, and limit the harms to our areas we can affect.

  1. China becoming a global leader isn't a bad thing, especially when the US is way more warmongery
  2. The US can't tie its own shoes well enough to have any standard of social living better than half the developed world. And thats with the highest GDP. It wasn't making anyone's lives BETTER.
  3. Your day to day life will not change like a nuke went off.

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u/[deleted] 18d ago edited 10d ago

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u/jay791 18d ago

I am not from US, I am not trolling. Just curious.

Can you explain what do you mean by saying that China dominating would be a bad thing?

What exactly would be bad about it?

I understand the fear of being dominated by country which is not a democracy. Is there something else?

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u/b4stoner 18d ago

Democracy is too unstable. The swings in policy affect the entire world

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u/ammonite13 18d ago

A real democracy isn't that unstable. If the actual majority of Americans got what they wanted, little would change from term to term. A highly gerrymandered electoral landscape resulting in a minority-run government every other 4-8 years is not democracy.

Edited to add: $1 = 1 vote isn't democracy either.

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u/jay791 18d ago

Switzerland would like a word.