Your right. It could be both. I mean, my wife said to me the other day that she heard Trump was doing the tariffs to lower the bond interest rates. I said while in some types of recessions that’s true, that wouldn’t work in this case and you’d have to be an idiot to think it would. Sure enough the next day Trump puts a stay on tariffs to most of the world because the bond market got rocked. All I could think of is omg, are they really that fucking stupid?

I wish it was that. No, this is actual evil, not incompetence. Trump has turned the US economy into the largest pump and dump scheme ever. Worse, he’s bragging about how his friends made billions. I can’t even believe this is happening. I’m in utter shock. I knew Trump would be bad, but straight up flaunting corruption like it’s a joke and even bringing the SCOTUS on board with this. I’m just gob smacked.

You don’t understand. Chinese companies have been preparing for this for almost a decade now thanks to US policies. Here’s manufacturing locations just for Moto.

https://motosmartphones.com/where-are-motorola-phones-made/

How much is it really made in Brazil? Enough to by pass the tariffs.

This is transhipment. China has been building an enormous transhipment network with those countries heavily dependent on Chinese heavy machinery and services. They expected this, they prepared for this. It’s the US companies that tried to obey their own countries rules that are susceptible. Even Samsung has been working with China to create these networks. Soon, I would estimate, Apple will as well. The problem is, if you thought Tik Tok was a national security issue, forcing every US company to use Chinese logistics to fight your own countries tariffs…

You’re not making any sense. You said to seek out a fiduciary not an advisor. Now you’re claiming that some time in the past, which would be distant past btw, that’s when I should have seeked out a fiduciary? What you’re saying makes no sense. Anyway, EU has the same fiduciary laws for institutional investors like financial advisors.

http://www.purposeofcorporation.org/fiduciary-duties.pdf

So, I don’t know what you’re on about.

Also, it doesn’t matter HOW shit someone can be at their job the reality is it’s easy to fuck it up. So, you just admitted it takes skill to be a financial advisor. Congrats you played yourself.

No, your not understanding that games of skill or chance are both gambling. Being able to identify the difference makes you a gambler who can live off his gambling or one who will go broke. Same trick in investing.

Actually you make a great point. Which is why there’s professional poker, where gamblers can literally make a living. Understanding the difference between being a professional and being able to consistently make money and where to go to do it, is part of the skill I’m talking about. Thanks!

Oh dear lord. A fiduciary is a financial advisor. In fact it’s the purpose of the Series 7 to make sure they’re one and the same. Here’s an article on it.

https://wealthadvisors.smartasset.com/fiduciary-costs-benefits-sem1/

Like I said, if you don’t even understand what I’m saying, it’s not a surprise you’re as ignorant as you are.

*Edit: And just so you know, the reason I keep harping on the series 7 is because it forces financial advisors to be fiduciaries. It’s the WHOLE POINT of the test. Good lord, how do people like you survive in this world?

*Edit 2: Man this comment. You really didn’t know financial advisors have fiduciary responsibility? And yet you knew the word fiduciary? How? How do you exist?

*Edit 3: Wait wait wait, what do you think fiduciary means? I get the feeling you think it means something else.

It’s really not. Which is why there are laws around accredited investing and why agents have to learn the Series 7 and follow Finra rules. But if you literally don’t understand anything I said, it’s obvious why you think it’s magic.

Lets put your hypocrisy in a different light. If all jobs require skill, then the job of a financial advisor requires skill because it’s trivial to make 100k from 10 million? It’s as if your trying to argue that there IS unskilled labor and we should complain about them.

That’s a lot of writing to admit you have no idea what the meaning behind the words I said. Look if you can’t even understand the basics taught in the series 7, you are the target for the rich.

It’s literally not trivial. Again why does the FDIC exist? I didn’t say where is it from. What is it for, what does it protect. Who benefits from its protection. Why do investors need to be accredited, why is there higher risk for accredited investors. And this is purely the intro to what I’m talking about.

There’s literally no safe way to invest at that level. Do you understand what the FDIC is and what they do? Do you understand what an accredited investor is and why they can invest in riskier vehicles? Did the words I just write look like word salad to you?

I genuinely do not understand what your talking about. Elaborate?

The problem is there is no safe way to invest that kind of money. If there was a purely safe way to invest everyone would be a millionaire. The savings account thing you mentioned is literally only for poor people, to give them a leg up and a small increasing investment for the purpose of teaching people the value of investment. You’ve created a strawman and keep smacking it.

Sure they increased their money during the pandemic. People were acting like idiots buying homes and goods when they really really shouldn’t have. It’s also true the rich prey on this. Go try to get 100 million in an interest bank account and see what happens, it’s actually harder to leave that kind of money in interest accounts because of how FINRA regulations work. Your money would literally not be insured. You wouldn’t know these things because you just hear other poor people talk about the rich and not the actual rich.

Thus, the real crux of the problem. The poor don’t even understand well enough what’s happening to make a good argument. Between the wanna be rich poor people who talk about unskilled labor as if you just need to pull yourself up by your bootstraps and the poor who hate the rich, no one actually understands how it all works. And it all WORKS BECAUSE you don’t understand. If the poor didn’t respond the way they did during the pandemic, the rich wouldn’t have been able to hoover up all their money. Who’s taking the 22% loans, who’s buying houses they can’t afford on 30+ year mortgages at 8%. All of those actions make the rich richer. You want to stop the rich? Stop wasting your money. But even if you can, the rest won’t and the money will keep funneling up. Thus the real problem. But no one wants to change their life style. Instead they’ll go out and buy expensive handbags and other luxury items on lay away. You can’t stop the rich as long as everyone participates in capitalism.

Did you read what I wrote? I said when applying the term unskilled labor, it is applied to those who literally don’t have the skill and screwed up the product. Not that there’s work that doesn’t require skill. Or are you just trolling?

That’s just not true. Resources are split based on value of work regardless of the actual skill involved. The whole unskilled labor argument is nonsense to begin with as you point out, everything is a skill. If any rich person is complaining about unskilled labor, I’d assume they’re complaining that the skill of the employee doesn’t produce the results required so the person is unskilled, not that the job itself is unskilled. For example, a rich person complaining that the unskilled labor at McDonald’s isn’t a complaint that the job requires no skill, just that either the company didn’t train the person right or the person is unable to attain the skills necessary. After all, if they did everything properly, they wouldn’t be complaining about unskilled labor to begin with.

Obviously, that isn’t going to stand true for every instance of unskilled labor. But what it seems to me is that you’re confusing the rich with the poor. People like your parents complain about unskilled labor because they don’t understand what the rich are saying. I see that a lot. But that’s like using people who don’t understand rocket science complaining about solar flares affecting rocket ships. It’s a massive misunderstanding between the scientists who are talking about solar flares and the common man who doesn’t understand.

You understand that is a skill in and of itself. Which is why so many day traders end up going bankrupt. To be able to actually consistently make money off of money isn’t magical, it doesn’t happen automatically. If it did everyone would be far wealthier.

Thinking about it makes the argument really really poor. If I’m a construction worker who spent decades perfecting my skills so I get promoted to management, now I have to hire someone else to take my previous position. The whole point of paying someone to do something should be because your time is better spent doing something else. So a very skilled person SHOULD be paying someone to get coffee. So the whole concept falls apart.

This is true, China doesn’t care. I’m actually confused about the narrative around China wanting to take TSMC. Even the most cursory glace at the situation should make it obvious this isn’t one of China’s goals. This is because these EUV machines don’t work on magic. They work on knowledge and spare parts. Even in the unlikely scenario that China somehow invades and these machines aren’t destroyed by either China or the retreating Taiwanese, they aren’t going to be able to operate them and more importantly get spare parts to keep them running. They’d at best be used to disassemble and review.

All of this ignores the fact that China is already at 5nm using their own equipment anyway. For the extra 2nm of difference between TSMC’s 3nm to SMIC’s 5nm isn’t large enough to rationalize anything close to what they’re talking about. It’d be cheaper to just keep subsidizing the Chinese industry rather than invading.

All of this is to say, that China may or may not invade, but TSMC isn’t on the list of reasons. If anything, it’s on the opposite end. China has a LOT of motivation to bomb TSMC to prevent the west from getting chips as if TSMC is gone, then suddenly Chinese 5nm are pretty much the most advanced chips in the world (besides Samsung). Thus, the real conclusion is we need to invest in Samsung, which surprisingly isn’t happening for whatever reason is beyond me.

Yup, most of the world has gendered clothing. But this is China, where for decades they rejected that. Their school uniforms still rejects gendered clothing.

https://www.koreaboo.com/stories/chinese-school-uniforms-korean-students-jealous/

It’s only relatively recently come back from Western fashion.

They’re literally trying to fight against what your talking about to such a degree that even your normal concept of gendered clothing is different. And I know that’s hard to wrap your head around, but that’s exactly why I’m saying, it’s not exactly what you think.

*Edit: Let’s look at this from another angle. China has been trying to enforce gender neutral ideas for some time, like gender neutral clothing. All this push for gender equality has lead China to become the home to the most female billionaires in the world.

https://www.moneycontrol.com/news/trends/wu-yajun-china-has-two-thirds-of-worlds-self-made-women-billionaires-meet-the-richest-8296901.html

The Chinese government is 25% female.

https://www.statista.com/statistics/239113/sshare-of-women-in-chinese-national-parliament/

So it’s in China’s position that while not great now, by constantly pushing gender neutral laws and trying to prevent sex being displayed in public, they’ll create equality.

As you point out though, that often leads to oppression and other terrible side effects.

I’m saying, I do not believe i personally understand the situation enough to make a judgement call. I just want people to be aware of what’s actually happening and not that it’s some kind of governmental anti-LGBTQ+ push. It’s China trying to be China for better or worse.