PREDICTIONS 2025 2026 ... EXPLAINED AND ALREADY EMERGING

Trump must want to punish Putin more. India has been buying Russian oil and reselling it to Europe. Europe is upset and now POTUS is raising tariffs on Indian exports to punish New Delhi for defying the anti-Russian sanctions.

Euros and Trump working together.

Tariffs aren't going to increase the price of domestically produced products, and even with the tariffs in place, many imported products are going to remain less expensive than their domestic counterparts, but the gap will close, and the domestic producer will have a chance to compete in a market where the currency manipulations, the governmental subsidies, and the lopsided trade deals are accounted for.

And that's the point . . . to ensure that if a country punishes our producers in order to protect their domestic production, their producers face the same hurdles here that our producers face there. A first world nation can't compete with a second or third world nation on price, it simply can't be done. Wages in Mexico and other second world countries are a fraction of the wages here and the products we import from there have to reflect that reality.

We have to ensure that the jeans that Levi's produces in China, India, Bangladesh, or Mexico enter the market at the same cost as a pair of jeans manufactured in Tennessee. For a couple of reasons, the largest one being that textile manufacturing is an important industry for the security of any country. We need to ensure that we have a textile manufacturing industry capable of supporting our domestic needs. We need to have farmers producing cotton, or hemp, to supply that market. And we need that to ensure that a foreign nation cannot dictate our domestic foreign policy simply by shutting off the spigot of the supply for our domestic needs. I don't care if a pair of Levi's manufactured in the US is priced competitively in London. Let the US jeans be seen as a status symbol in London as compared to the Vietnamese version, I don't care. What I do care about is whether or not the Levi's manufactured in Tennessee are twice as expensive to buy here as the ones manufactured in Vietnam.

Great points.

I worked in manufacturing for 27 years, because of bureaucrats and regulations, every year it became harder than ever to compete against foreign suppliers. I had FDA audits, Sarbanes Oxley hoops to jump through, OSHA requirements, ADA hurdles. My competition in China and Mexico? They didn't have to do any of this.

Time to make it easier for domestic manufacturers to survive.

Remember when President Trump was first elected in 2016? Democrats and their media allies predicted President Trump would destroy the economy. It didn't happen until his final year in office when the complete world economy collapsed under Covid-19 shutdowns.

So be careful about trusting them again.

FredHayek wrote:
So be careful about trusting them again.

I would trust a starving pit bull before I ever trusted the left wing media.

ww.marketwatch.com/story/stagflation-is-coming-to-the-u-s-says-this-economist-heres-what-it-means-for-the-dollar-bonds-and-stocks-6628297d SUB REQ.


WELL. I GUESS, WE WILL WAIT AND WATCH WHOSE RIGHT......LOTS OF RHETORIC, RUMINATING AND WRINGING OF HAND.......R WE HAVING FUN?

Predictions are often wrong. Especially when the predictors cherry pick the economic data.

I think deflation might be as likely as stagflation.

Al Gore predicted the Arctic Ocean would be ice free by 2009.

It isn't. I was just there in June and our captain was very concerned about icebergs.

More predictions that proved untrue.

www.arctictoday.com/the-northwest-passag...lications-explainer/

With climate change accelerating and global interest in transiting the Passage rising, the unresolved debate over the Northwest Passage’s legal status could have geopolitical implications for North America and maritime claims elsewhere in the world.

PERHAPS IT MIGHT BE WISE TO UNDERSTAND THE POLITICAL POSITIONS OF MANY COUNTRIES, IN REGARDS TO THE CONTINUING ICE FREE PROCESS...IT IS MELTING AND THERE A FREE FOR ALL ON THE POSSESSION OF THIS PASSAGE.... PERHAPS SOME CURRENT RESEARCH INTO THE ISSUE IS WARRANTED....U R DEAD WRONG.