• N0body@lemmy.dbzer0.com
    link
    fedilink
    English
    arrow-up
    365
    arrow-down
    1
    ·
    9 days ago

    I think Xi might have figured out Trump’s secret. He has no fucking clue what he’s doing. He scares people into reacting by being reckless, then claims a win for getting a reaction.

    Ignoring trolls takes their power away.

    • adarza@lemmy.ca
      link
      fedilink
      English
      arrow-up
      188
      ·
      9 days ago

      “Never interrupt your enemy when he is making a mistake.”

      (“Quand l’ennemi fait un faux mouvement, il faut se garder de l’interrompre” --Napoleon)

    • PhilipTheBucket@ponder.cat
      link
      fedilink
      English
      arrow-up
      71
      ·
      9 days ago

      https://snyder.substack.com/p/the-weak-strongman

      Basically, this strategy Trump and Putin and their ilk do never works outside of their little bubble. Their whole game is to tear everyone else in their sphere of influence down to their level, so that they can compete effectively and dominate, but there are always significant threats outside of the sphere. Against which we are now more or less powerless.

    • null_dot@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      58
      ·
      9 days ago

      They’re not really ignoring him though. They’ve discontinued exports of rare earth and are dumping debt. It’s a calculated strategic response to capitalise on an epic mistake.

    • morrowind@lemmy.ml
      link
      fedilink
      English
      arrow-up
      23
      arrow-down
      1
      ·
      9 days ago

      This only works if you’re China. Most other countries would just be ignored

      • bravesirthomas@lemm.ee
        link
        fedilink
        English
        arrow-up
        38
        arrow-down
        1
        ·
        9 days ago

        Not really, he backed down on tariffs last week thanks to Canada and Japan. The truth is, Trump has put the US into a very, very precarious position. They have a lot of debt to refinance soon, and if the rest of the world wanted to, they could dramatically increase the interest rates paid on that by coordinating a sell-off of US debt.

      • ☂️-@lemmy.ml
        link
        fedilink
        English
        arrow-up
        2
        ·
        8 days ago

        never interrupt your enemy while he is fumbling his shit. or something.

  • CPMSP@midwest.social
    link
    fedilink
    English
    arrow-up
    225
    arrow-down
    2
    ·
    edit-2
    9 days ago

    That’s business school from a guy who ran casinos into the ground. Nice work America.

    • spinnetrouble
      link
      fedilink
      English
      arrow-up
      130
      ·
      9 days ago

      It’s true. “Casinos,” plural. CASINOS PLURAL, EVERYBODY.

      • adarza@lemmy.ca
        link
        fedilink
        English
        arrow-up
        61
        arrow-down
        1
        ·
        9 days ago

        y’all are spelling ‘russian money laundering operations’ wrong.

        • moody@lemmings.world
          link
          fedilink
          English
          arrow-up
          37
          arrow-down
          1
          ·
          9 days ago

          Even worse. How does one bankrupt a Russian money laundering operation? You’d think they would do their best to keep that shit running.

          • grue@lemmy.world
            link
            fedilink
            English
            arrow-up
            45
            ·
            9 days ago

            I think they intentionally go out of business before the Feds have a chance to investigate it.

            • ExtantHuman@lemm.ee
              link
              fedilink
              English
              arrow-up
              19
              ·
              9 days ago

              They were actually fined for undeclared foreign transactions, but it was during their bankruptcy so it got mostly ignored by history

            • JcbAzPx@lemmy.world
              link
              fedilink
              English
              arrow-up
              3
              ·
              9 days ago

              Absolutely not. Bankruptcy proceedings get your financial records gone over with a fine tooth comb. You need to keep your cover business healthy within reason to fly under the radar. You didn’t see the mob casinos going bankrupt.

      • Highlybaked@lemm.ee
        link
        fedilink
        English
        arrow-up
        5
        ·
        9 days ago

        Not just casinos, Trump magazines Trump Mortgage Trump Ocean Resort Baja Mexico Trump Plaza Hotel and Casino Trump Productions Trump Shuttle Trump Steaks Trump University Trump World’s Fair Paradox Hotel Vancouver Plaza Hotel TD Trump Deutschland Trump Entertainment Resorts Trump Ice Golden Nugget Atlantic City GoTrump.com Hard Rock Hotel & Casino Atlantic City New Jersey Generals Personally Im way more disgusted at him being a rapist who hung out with a notorious pedophile tho

  • ryannathans@aussie.zone
    link
    fedilink
    English
    arrow-up
    221
    ·
    9 days ago

    Everyone is somehow missing China cutting off rare earth metals the US relies on for technology and defense

    • DoubleSpace@lemm.ee
      link
      fedilink
      English
      arrow-up
      162
      ·
      9 days ago

      It wasn’t just stopping exports to the US, they’ve stopped exporting rare earth elements worldwide starting yesterday. Plus, they are starting to unload billion of debt we owe them. It’s almost as if Trump is intentionally trying to destroy our country in the morning, and then later in the day he wants to be the bully negotiator without understanding his precarious position.

      • Aqarius@lemmy.world
        link
        fedilink
        English
        arrow-up
        57
        ·
        9 days ago

        You remember r/shitamericanssay? Last time he won, there were a lot of people talking about stuff Europe has but America doesn’t, and, if you browse the posts there, a lot of Americans responding how Europe is backwards, in the stone age, and what they do have is paid for by America, out of benevolence.

        Well, those folks are in charge now.

      • null_dot@lemmy.dbzer0.com
        link
        fedilink
        English
        arrow-up
        20
        ·
        9 days ago

        There wouldn’t be much point merely stopping export to the US because some other country could just on-sell to the US.

        He really doesn’t understand his precarious position and the harm he has done and is doing.

      • ssillyssadass@lemmy.world
        link
        fedilink
        English
        arrow-up
        13
        ·
        9 days ago

        I think the story here will go very differently now that the US army can’t ensure it’s exclusively pro-US.

    • CalipherJones@lemmy.world
      link
      fedilink
      English
      arrow-up
      8
      ·
      9 days ago

      I’m realizing the structure of our supply chains is not common knowledge at all. Basically everything has a part from China. That and plastic.

    • Mossheart@lemmy.ca
      link
      fedilink
      English
      arrow-up
      3
      ·
      8 days ago

      Canada didn’t. It’d be a primary reason for the US to go stupid and try invading us, we’re a much closer source of rare earths.

      • AdrianTheFrog@lemmy.world
        link
        fedilink
        English
        arrow-up
        17
        arrow-down
        2
        ·
        9 days ago

        As much as I don’t like the Chinese government for all the censorship and etc, they do really know what they’re doing in terms of managing the economy and the infrastructure it relies on, as far as I can tell. Including their education system, it’s fairly shocking how many of the top engineering and CS colleges are in China.

        • MellowYellow13@lemmy.world
          link
          fedilink
          English
          arrow-up
          13
          arrow-down
          13
          ·
          edit-2
          9 days ago

          Censorship? Its rich talking censorship in China when America is one of the most propagandized nations in existence. If I was China I would also censor the fuck out of America.

                • hark@lemmy.world
                  link
                  fedilink
                  English
                  arrow-up
                  9
                  ·
                  8 days ago

                  There different forms of censorship. Flooding the dominant platforms with the official message to obscure opposition opinions, shadowbanning posts, etc are softer forms of censorship but are still censorship. The rulership class is fine with people voicing their opinions if they feel it doesn’t threaten their power. They will crack down harder when that feeling changes.

          • Bronzie
            link
            fedilink
            English
            arrow-up
            18
            arrow-down
            4
            ·
            edit-2
            9 days ago

            How does the US being full of propaganda change the fact that China has a lot of censorship?

            Both can be true at the same time, you know…

      • ShinkanTrain@lemmy.ml
        link
        fedilink
        English
        arrow-up
        6
        ·
        9 days ago

        I was gonna post that one but “What is this business strategy called” gets me every time

      • Pennomi@lemmy.world
        link
        fedilink
        English
        arrow-up
        16
        ·
        9 days ago

        It turns out that maximizing for shareholder profit isn’t a sustainable way to run a business, and it actually burns your company to the ground after a few short years.

    • buddascrayon@lemmy.world
      link
      fedilink
      English
      arrow-up
      19
      ·
      9 days ago

      I love how everyone just sort of glazes over how astoundingly unpopular Steam was when it was first introduced.

      • cynar@lemmy.world
        link
        fedilink
        English
        arrow-up
        24
        ·
        9 days ago

        I was one of them. They proved my fears unfounded (so far). They’ve also managed to convert me to a fanboy at some point. I realised I was playing a co-op game brought off steam, on my steam deck, via a steam link to the TV, and the wife using a steam controller.

        • notarobot@lemm.ee
          link
          fedilink
          English
          arrow-up
          11
          arrow-down
          2
          ·
          edit-2
          9 days ago

          I think steam is my favorite monopoly.

          ^Not saying it’s perfect. Just my favorite. I understand this might change at any time^

          • cynar@lemmy.world
            link
            fedilink
            English
            arrow-up
            8
            arrow-down
            1
            ·
            9 days ago

            At least it’s only a monopoly because everyone else is apparently idiots when it comes to long term planning. I’m dreading the day when they turn to the dark side. Long away may it be.

          • Bassman1805@lemmy.world
            link
            fedilink
            English
            arrow-up
            5
            ·
            8 days ago

            Valve is Augustus Caesar: a benevolent dictator doing great things for their people. I’m afraid of what will happen when Gaben retires, how long will it take before we find gaming’s Nero?

    • takeda@lemm.ee
      link
      fedilink
      English
      arrow-up
      54
      ·
      9 days ago

      That’s very possible. Trump gave them excuse to do this. They already set up a deal with Korea and Japan (and each two hate each other), and if they would set up a trade deal with EU then the US will be the only loser.

      Trump really hurt US with the tariffs on everyone (except Russia, North Korea and Belarus)

    • psycho_driver@lemmy.world
      link
      fedilink
      English
      arrow-up
      14
      ·
      edit-2
      9 days ago

      I hope. I’ll miss my cheap goods but I have enough. I feel bad for young americans as cheap goods was one of the only perks left to living in this country.

      Cheap gas I guess will be one of the last dominoes to fall. That, and the collapse of the petro-dollar system, will be the final nails in the coffin of our economy.

  • MDCCCLV@lemmy.ca
    link
    fedilink
    English
    arrow-up
    74
    ·
    9 days ago

    Then everyone dumps on him, and he says the roll back was fake news and it’s still happening, but nobody even in the administration knows what’s going on.

  • Bytemeister@lemmy.world
    link
    fedilink
    English
    arrow-up
    59
    ·
    9 days ago

    Big flex from China. I’m waiting for a country to call trump’s bluff by putting an export tax on their own goods sent to the USA.

    • xzot746
      link
      fedilink
      English
      arrow-up
      22
      ·
      9 days ago

      Canada should have done this on everything. If the Americans can afford the tariff then there is room for us to charge more. Not really but yeah should do it.

    • shawn1122@lemm.ee
      link
      fedilink
      English
      arrow-up
      10
      arrow-down
      1
      ·
      edit-2
      8 days ago

      If only… America holds 20% of global purchasing power so an export tax like that would result in needing to lower local interest rates to boost domestic productivity, which would decrease foreign investment, eventually weakening the local currency.

      It would be hilarious if a country that exports very little to nothing to the US did it to make a point though. Totally on board with that.

      • Bytemeister@lemmy.world
        link
        fedilink
        English
        arrow-up
        12
        ·
        8 days ago

        America holds held 20% of global purchasing power…

        Truth be told, I think the only thing we really produced in the US was the US dollar. Sounds like it’s the number 1 export for the US, and trump just toppled demand for it.

      • Tja@programming.dev
        link
        fedilink
        English
        arrow-up
        3
        ·
        edit-2
        8 days ago

        China is already weakening their currency to keep their exports (worldwide) more attractive.

    • Back_it_up@lemmy.ca
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      6
      ·
      9 days ago

      Or, they just pay the tariff themselves. Could you imagine China going, “Cool bro, we’ll just absorb the cost ourselves. Now what?”

        • parody@lemmings.world
          link
          fedilink
          English
          arrow-up
          4
          ·
          8 days ago

          a s̵͎̣̫̼͙̄͂̀̇̚ṱ̵̨͓̹̮̪̖͈̐̏̓̅̈́͗͂̓̕͘a̶̢͉̦͈̬͛̐̎̉b̶̭̝̈́͒̆̓̇̀͛͛͠͝͝l̶̬̥͙̗̪͈͖̜̗̮̆̀̅̓̍͑̍́̓̈e̶̡̛̦͓̰̭̘͆̏̊̉͘one

      • JcbAzPx@lemmy.world
        link
        fedilink
        English
        arrow-up
        12
        ·
        9 days ago

        That wouldn’t really do much for China. The reason the tariffs hurt us is that we sent all our manufacturing to them (along with a few other countries). So the tariffs only make our stuff cost more. Footing the bill like that would just weaken China’s position.

      • Snowclone@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        8 days ago

        What would happen is the US dollar would be weaker, profits selling to the US weakened. It would still harm us primarily.

  • HighFructoseLowStand@lemm.ee
    link
    fedilink
    English
    arrow-up
    39
    ·
    9 days ago

    Didn’t this happen last time? Less dramatically, but still.

    He puts in a bunch of tariffs. China reciprocates. The market is thrown into chaos. He shouts and screams. China ignores him. He backtracks. China ends the tariffs but doesn’t do anything to try and appease him. He claims it’s a victory. His fluffers say the tariffs were just to bring China to the table, which justifies the hit to the market, despite the fact China didn’t come to the table and President Pigshit didn’t articulate what China could actually give him to end the tariffs.

  • humanspiral@lemmy.ca
    link
    fedilink
    English
    arrow-up
    29
    ·
    9 days ago

    … Trump keeps begging for China deal while bragging about phone calls kissing his ass. No foreign meetings. No envoy sent to China.
    China limits US studio film releases
    Bessent says Tariffs are no joke. China must make a deal.
    Chinese airlines refuse Boeing+parts deliveries (reported as “China orders”, but leopards were not going to make US aerospace affordable at 125% tariffs.