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Hell yeah! Just heard of it yesterday and immediately signed.
Yes, because the tariffs already indirectly bind the hands of the Fed. Besides a bit of QT (which doesnt really help because of massive deficit), they can neither raise, nor lower rates without causing a big fire as long as the tariffs are in place, but the situation is getting worse by the day, and reality will soon hit like an empty truck.
And honestly, because of this massive shift in distrust in the US market, even backtracking all tariffs to zero would likely not work anymore.
And the most ironic thing is that due to inflation, even when everything goes back to the way it was before trump (it won’t), the US will end up with a bigger trade deficit than before, because the loss of value of the dollar.
Usually the institution that prevents a recession from becoming a depression is an independent Fed. If Trump and his cronies get their hands on that, there is a high chance it’s going to be one.
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For AI processing, I don’t think it would make much difference if it lasted longer. I could be wrong, but afaik, running the actual transformer for AI is done in VRAM, and staging and preprocessing is done in RAM. Anything else wouldn’t really make sense speed and bandwidth wise.
They are buying more and more Canadian crude as well.
Don’t think it’s going to be Trump. Their power hinges on him and his cult. Plus, he is very easy to manipulate, so the perfect marionette.
Elon seems to be a better candidate to take the fall. His cult is somewhat fading.
But honestly they might just prop up one of their goons.
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Same reason they hate wikipedia.
He’ll probably ask for the peace nobel prize as well.
The U.S. lacks the production capacity to meet domestic demand for steel and aluminum, else imports wouldn’t be necessary. I.e. domestic aluminum only covered about 15% of demand in 2024
With a 50% tariff, businesses relying on these materials will still have to import, but at much higher costs.
Trump believes this will boost domestic production, and even if that was true it would take years. However, in reality, it will likely reduce consumption due to skyrocketing prices, leading to lower demand, layoffs, and eventually recession.
The 1920s are calling.
Someone should ask him what he would do if Russia took Alaska.
By the end of the 4 years there is going to be plague doctors piling bodies onto their cart.
You have my respect. I’m guessing all the mods with a tad of integrity left during this time, leaving their subreddits closed
It was wild how spineless most of them were when the API stuff happened, and it showed how attached they are to their little bubble of power.
And some of them acted even more pathetic with virtue signaling.
Like the r/de mods allowed memes for a full week in “protest”. Such rebels… they sure showed spez with that one…
Didn’t they just rename an existing agency? Nonetheless they need to be stopped.
If they get sued and it gets to the discovery phase, they might have to actually provide all training data used, and I’m almost certain there is a lot more stolen content in there. But sadly, it will probably not come to that, because they have money.
I wonder what exactly would happen if states stopped complying with the federal government.
I’m sure the first thing Trump would do is cut federal funding, but he and his goons are already doing that anyway…
Making sure that absolutely nobody will show up for harvest, even if they actually pause raids when the crop yields start to rot on the fields.