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Posted

There's a revealing article in the link below, showing how much Trump has stuffed the American economy with his moronic and chaotic decision-making. What is interesting is the chaos he's creating in shipping, with the container trade about to revert to COVID-19 chaos, whereby empty shipping containers piled up in the wrong ports, and ships sailed with only part cargoes.

 

Coupled with American businesses inability to do any forward planning, while Trump bounces off the walls, and the end result will be nothing surer than goods shortages on American store shelves (which drives up prices), increased prices as a result of tariff impositions, and American ports withering, as cargoes diminish.

 

The thing is, it's not just imports being affected, the Chinese are effectively embargoing American goods and produce, so the number of containers leaving American ports will reduce substantially.

 

Boeing are getting a pile of new aircraft returned, that the Chinese were going to buy, so another kick in the nuts for Americas largest export earner.

It just makes one wonder how much longer Americans will put up with his idiocy, as regards his pathetic economic decision-making, that is going to make life harder for a lot of Americans.

 

https://prospect.org/economy/2025-04-24-permanent-tariff-damage/

  • Like 2
Posted

I was watching a video of a bloke restoring a Briggs & Stratton engine and he showed a gasket or something similar that he was going to put into the engine. The part was a genuine B&S part, but clearly marked on it, "Made in China". Apart from the problem of tariff damage to parts supply for Americans, it got me wondering just when did Western manufacturers begin moving their production to China.

 

Was it in the 8s when the mantra of Wall Street was 'Greed is Good'? The kicker is at the end.

 

 

Posted (edited)

 

This captures the essence of the shift in direction of the USA, but also highlights the dependency of the rest of the world on it.

Edited by Jerry_Atrick

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