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Topic: Coronavirus discussion and Quarantine ideas

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Cincydawg

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4718 on: June 03, 2020, 09:32:51 AM »

Cincydawg

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4719 on: June 03, 2020, 09:33:25 AM »
That chart is perhaps the most important economic metric we have in terms of "how we feel about things".


utee94

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4720 on: June 03, 2020, 09:35:42 AM »
Apple has been in the process of moving some of its manufacturing back to the USA for about a decade now.  They have a plant in Austin the produces Macs, and are expanding their facilities here with another new plant scheduled to open in the next year or two.  I suspect several similar companies, including my own, to follow in the near future.

Still, a ton of the subtier components are manufactured in China.  Shifting that production elsewhere is actually a much more difficult challenge.  

Cincydawg

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4721 on: June 03, 2020, 09:37:16 AM »
Apple sells a lot in China, that was my only point.  Some other US companies do as well.  It will be interesting to see how we (and others) respond.  The EU nations usually are willing to deal with anyone if there is a buck to be made.

Mdot21

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4722 on: June 03, 2020, 09:42:12 AM »
Apple sells a lot in China, that was my only point.  Some other US companies do as well.  It will be interesting to see how we (and others) respond.  The EU nations usually are willing to deal with anyone if there is a buck to be made.
A lot is relative to what. Apple does about 4x the sales in the US and 2x the sales in EU as they do in China.

If lawmakers cracked down and got tough (a pure fantasy- it’d never happen the lawmakers are controlled by big business here) which markets do you think Apple would scramble to protect? Hint: not the one that does 4x less business than US market or 2x less than EU market.

Cincydawg

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4723 on: June 03, 2020, 09:48:32 AM »
A quarter of the sales in the US is billions obviously.  It's not some insignificant figure for Apple.

I'm not saying what we should or should not do, only that closing off China WOULD hurt some US companies.  Whether it is worth that pain is another discussion.  This is not entirely a one way street.

But, it's moot anyway.

Mdot21

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4724 on: June 03, 2020, 09:51:04 AM »
That chart is perhaps the most important economic metric we have in terms of "how we feel about things".
This chart isn’t exactly showing the entire picture. Married women never worked in the 40s, 50s, 60s, and hardly in the 70s and 80s. Both husband and wife have to now just to make ends meat. And it says nothing about adjusting for rising costs of living. Cars are way more expensive, as is housing, insurance, everything today. The increases in wage haven’t caught up with increase in costs of living. Americans are in debt up to their eyeballs now just to maintain a standard of living that their parents and grandparents could without taking on a fraction of the debt Americans today do.

I like this chart better:



https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/

https://www.businessnewsdaily.com/11273-real-wages-flat-impact.html


We’re on 40+ years of stagnant wages. And it’s been by design. #FinancializatonOfTheEconomy. #Globalization.

FearlessF

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4725 on: June 03, 2020, 09:59:28 AM »
A quarter of the sales in the US is billions obviously.  It's not some insignificant figure for Apple.

I'm not saying what we should or should not do, only that closing off China WOULD hurt some US companies.  Whether it is worth that pain is another discussion.  This is not entirely a one way street.

But, it's moot anyway.
the tariffs on soybeans hurt the american farmer.  That seemed to be worth the pain.

maybe the farmer's soybean lobby isn't strong enough
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Cincydawg

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4726 on: June 03, 2020, 10:01:43 AM »
The soy bean farmers were at times "paid" with money from the tariffs (which were on some Chinese goods entering the US).  These trade deals are far too complex for me to assess them.

We have a global economy like it or not, it's fixed in place.  I don't think it will change more than around the edges in reality.




FearlessF

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4727 on: June 03, 2020, 10:07:47 AM »
this is what I told my neighbors that produce soybeans...... it's global

if the Chinese aren't buying american beans because of tariffs, they are buying them from south america or somewhere else in the world

the folks that were buying those beans from south america will now buy from north america

there are only so many soybeans produced on the planet
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847badgerfan

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4728 on: June 03, 2020, 10:08:24 AM »
I sure do love it when "Ban whatever I don't like" is the solution...

Planning to go into Illinois politics, Badge? You might fit in down there in Springfield...
Thanks for the insult, I guess?
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FearlessF

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4729 on: June 03, 2020, 10:08:29 AM »
If the option is eliminated, the problem would be solved.


Who, besides Jim Harbaugh, really needs 15 pair of Wal-Mart khakis anyway? Buy 4 pair of Dockers and call it good.
so, where are Dockers made?  Not in the US
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847badgerfan

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4730 on: June 03, 2020, 10:17:25 AM »
Probably everywhere. Who knows. Bring it all back here, from wherever. I know they have many factories here though. Levi Strauss is world-wide.
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847badgerfan

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Re: Coronavirus discussion and Quarantine ideas
« Reply #4731 on: June 03, 2020, 10:18:18 AM »
The point of eliminating China is to reduce their ability to become the world bank, by the way.
U RAH RAH! WIS CON SIN!

 

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