What quote? Who was saying it without context? Why does the context make it better? These are all important questions.
Thanks. Now that I know the context, nothing changes.
Why use that rhetoric in the first place?The fact that bloodbaths and automobiles are unlikely to be together (either in a sentence or in real life) strongly suggests a very totalizing and aggressive view of issue that affects everything.Apparently it’s rather common.
Be careful you can get a cramp from reaching that far.
Can you explain how it’s a reach?
Bloodbath was common hyperbole in buisness up until 2 days ago.
https://www.ft.com/content/c90d17c6-6196-4c8a-88c2-e2cef9a692f2
https://www.investopedia.com/articles/financial-theory/08/contrarian-investing.asp
https://finance.yahoo.com/news/stock-market-today-dow-bloodbath-161115055.html
https://finance.yahoo.com/video/stock-market-bloodbath-short-term-153307795.html
https://trackrecordtrading.substack.com/p/why-the-bloodbath-in-the-stock-market
https://www.cnn.com/2020/09/03/investing/nasdaq-selloff-stock-market-today/index.html
https://economictimes.indiatimes.com/topic/market-bloodbath
https://www.dailywire.com/news/bloodbath-on-wall-street-as-stock-market-plunges-into-bear-territory
Well, I certainly stand corrected! Thanks!
No idea what you’re giving context to, but I find the quote interesting. A core principle of capitalism is competition. Competition is what breeds ingenuity, advancement, and lower costs. Imposing tariffs to keep competition out should have the opposite effect. Say you’re the CEO of Ford, and you just heard your main competition has raised their prices by 100%. What would you do? You’d also raise your prices by 100% and reap massive profits.
Except that Dodge, Chevy, and Tesla all exist and compete with each other. Plus anyone who manufacturers here, like Toyota.
This is just keeping American factories open.
That makes zero sense. The other car companies would keep their prices the same and ford would go out of business.
