Keyoxide proof:

openpgp4fpr:E0C3497126B72CA47975FC322953BB8C16043B43
  • 1 Post
  • 29 Comments
Joined 6 months ago
cake
Cake day: October 7th, 2024

help-circle






  • That’s exactly it. Owners want people desperate, because desperate people work for less. As you point out, they start with “illegals”, but they will eventually come for the old and the disabled too, because some people will have to pick up where Social Security left and care for them and, in doing so, will become even more desperate. Who will risk their job fighting for their rights knowing that not only their own livelihood, but also that of their old mother or their disabled brother is on the line? We need to be clear: this is not about government efficiency or even a crackdown on “illegals”, but a war — the owners’ war on us workers and our kin.

    They’ve been manufacturing consent in a similar way in Germany, agitating against immigrants and dubbing some or all people in your situation “Sozialschmarotzer” –“social parasites”–. Under the pretense of fighting those threats they conjure, they’ve been dismantling social security — without DOGE’s viciousness, but bit by bit.


  • All that big talk about forcing countries to negotiate

    Trump indeed touts tariffs as international leverage, but they’re just as much if not more of a domestic power play that forces US businesses to kiss the ring in order to get exemptions. Businesses that pledge allegiance keep their supply chains and survive, whereas those that don’t satisfy the Mango get to pay tariffs and compete with exempted businesses in a weakening consumer market with decreasing purchasing power.









  • On the one hand, I share your doubt, which is justified in the face of all the deceit and mismanagement that Merz in particular and the CDU and CSU in general engage in and their disdain for the public good. On the other hand, the fact that the Sovereign Tech Fund / Agency survived the German budget crisis gives me some hope that it will at least stay.



  • This is due to a few people in power, not because of tsunamis etc. So this can switch over in just a day.

    In my view, the damage is very real and businesses will keep suffering even if Trump winds down his tariff ambitions, because the uncertainty and unpredictability hinder investment decisions. For example, if you managed an aluminium business like Alcoa, would you put up the cash to set up new smelters in the US despite melting stock prices, high borrowing costs and the possibility that the tariffs shielding those US smelters from foreign producers are reduced or even scrapped altogether without warning? Many businesses are “damned if they do, damned if they don’t”.

    I’m sure there are smart plays in this market, but I’m also convinced that we’ve entered a bear phase.