Quote:
Originally Posted by beerptrol
If HD needs to file for bankruptcy they can get some pointers from the Liar In Chief
|
why should they ?
they just have to close the production in US and keep on with their factories in india and thailand.
the big error is that americans think that thailand and india are poor countries - yes the majority is poor but the 10% what are not are spending money like fuck.
and these are big countries with MANY people.
let HD loose 100 k buyers in USA - the rest of the world will still like it and for indians, thais, chinese and the rest of the asian continent the legend is still alive.
imagine 10% of 2,5 billion - how much is that ?
and the same will happen with other goods.
the buying power of asia is not in a few rich individuals - their buying power is in the mass of people with small money.
HD will not be a big deal for US - a few jobs will get lost.
but much more are getting lost with MANY other goods.
the point is that you can not see that right now because economy is always a look into the past when the numbers are published.
wait 2-3 month and than look at the numbers. look at the stock market and look at the inflation rate and look on the value of the dollar what will rise a lot in the coming month.
that means that american goods will be even MORE expensive as they are just because of the tariffs while chinese yuan will decrease in value and that makes their goods even cheaper.
who lost ?
every big US company have warned trump doing this step - every economist did - now it is too late for a turnaround. the world is in the start of a new financial crisis what will be here before this year ends.
the biggest losers in that will be the american economy and the citizens there.
it wonīt be the big international companies who can move every day wherever they want to move. if will be the normal citizens, the farmers and the local stores who canīt move out - this is the tragedy !