tag:blogger.com,1999:blog-2761684730989137546.post1287829158416711145..comments2024-03-28T04:13:36.779-04:00Comments on Mike Norman Economics: Zero Hedge — Russia Offers 2.5 Million Acres Of Farmland To China, Amid Worsening Trade Warmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-2761684730989137546.post-83762452563421716102018-08-19T13:30:23.193-04:002018-08-19T13:30:23.193-04:00It might as well be zero Tom... it’s a non issue.....<i> It might as well be zero Tom... it’s a non issue..</i> <br /><br />Comparable to debt phobia and deficit hysteria. It's obsessing over ex post accounting phenomena rather than focusing on real resources and the opportunities and constraints this involves.<br /><br />More moronism.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-10266072788216391252018-08-19T12:51:25.207-04:002018-08-19T12:51:25.207-04:00I'm betting on cascade failure leading to econ...I'm betting on cascade failure leading to economic collapse and massive civil unrest and civil war. The real question is whether the various groups within the US have been so marginalized and turned against each other will unite to face the common enemy. Another bank bailout might just be enough to accomplish that. <br /><br />But it's not going to happen of course because Wall St. is booming. <br /><br /><b>Franko</b> is materially competent in idiocy.Noah Wayhttps://www.blogger.com/profile/12012500819097539976noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-16353309878988030012018-08-19T12:19:15.857-04:002018-08-19T12:19:15.857-04:00All the “tariff!” shorts have to be broke soon.. ....All the “tariff!” shorts have to be broke soon.. . . look at the rally into the close Friday....Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-75668367205818634982018-08-19T12:15:54.105-04:002018-08-19T12:15:54.105-04:00It might as well be zero Tom... it’s a non issue.....It might as well be zero Tom... it’s a non issue..Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-62164272026987758482018-08-19T09:11:28.948-04:002018-08-19T09:11:28.948-04:00“Between March 23 and July 16, the U.S. collected ...<i>“Between March 23 and July 16, the U.S. collected $1.4 billion from levies on foreign imports of steel and aluminum”</i> <br /><br />Because the US government needs the $?Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-12731675740751636712018-08-19T08:01:14.309-04:002018-08-19T08:01:14.309-04:00“Between March 23 and July 16, the U.S. collected ...“Between March 23 and July 16, the U.S. collected $1.4 billion from levies on foreign imports of steel and aluminum”<br /><br />https://www.cnbc.com/2018/08/13/us-reaps-more-than-1point4-billion-from-steel-aluminum-tariffs-report.htmlMatt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-47948590537479110782018-08-18T21:10:55.880-04:002018-08-18T21:10:55.880-04:00Unknown unknowns and knock-on effects make the kin...Unknown unknowns and knock-on effects make the kind of shotgun approach that DJT and his advisers are taking highly uncertain.<br /><br />If the markets and business planners get a whiff of this anything could happen.<br /><br />Not that it will, but it's not a long shot either.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-4391898353297706152018-08-18T20:54:01.022-04:002018-08-18T20:54:01.022-04:00I see an economic collapse happening fairly soon a...I see an economic collapse happening fairly soon as a result of the Trump tariff wars. Current highly linked global supply chains will be disrupted. US industries that rely upon that supply chain will suffer, and wages will decline, and inflation should rise fairly rapidly, as it did with the OPEC oil embargo, and later the Iran oil crisis. In face of inflation, the FED will do absolutely the wrong thing as it did in the late 70’s – raise the interest rates. This will put a further damper on the economy. Then even a small adverse event will set the dominoes crashing as it did in 2008-2009 crash. Except, this time it will be much worse, as the real goods supply will be affected, and not just the Financial sector.Unknownhttps://www.blogger.com/profile/07198667003900590106noreply@blogger.com