Well, I thought DT was joking about seizing Greenland, but it appears he's serious! That's quite a bold move to say the least! Leaving aside the right/wrong debate over such a move, does it not now give China a free pass to seize the territory first - if it can act fast enough - since the unthinkable has not only been thought, but spoken aloud as a stated plan as well? I mean it kind of confers legitimacy on arbitrary territorial seizures if the US can do it, wouldn't you say?
Your pal,
CD
Stop following the news and design some electronics. You'll feel better and maybe even be useful.
Ouch! Bad day today, John?
The sun is bright, birds are chirping, crows are croaking, all is well. Except it's time for the weekly Safeway run.
I expect we'll soon be having Greenland restaurants, alongside the French and Mexican and Italian. Can't wait.
Could be a bit repetitive, all that fish fried in seal 🦭 blubber.
Cheers 🍻
Phil Hobbs
Oh, and a shout-out to the Fall of Civilizations podcast for their excellent 2021 episode on the Greenland vikings.
Phil Hobbs
Do you like Canadian cuisine? Cheap maple syrup comin' soon, too! ;->
If the US losing to Vietnam and Afghanistan felt bad, imagine how bad losing to Denmark will feel..
We have cool Peruvian, Portugese, Mexican, Thai, Japanese, Korean, Chinese dumplings, all sorts of stuff. But for some reason, we don't have any Canadian restaurants.
If the US losing to Vietnam and Afghanistan felt bad, imagine how bad losing to Denmark will feel..
Cursitor Doom does like his nonsense to be truly fatuous and Donald Trump is sufficiently divorced from reality to deliver truly ludicrous speculations.
I suppose if you take Putin's claims to the Ukraine seriously - and Trump seems to - seizing Greenland might look like a plausible plan - but military invasion do a lot of damage, and the people whose property might get damaged will presumably bribe Trump into being a little more civilised.
Trump better not try any of that nonsense with Canada or he'll have King Charles to reckon with! :)
George the third wasn't up to changing George Washington's mind, and Charles the third is unlikely to do any better with Donald Trump. George Washington had a mind that presumably could be changed - he did seem to change his mind about chopping down that cherry tree when he was a kid. Donald Trump's mind is rather more erratic.
Cool. Thanks.
Greenland is a part of NATO. So Trump will be losing to the rest of the alliance, which he doesn't believe in anyway
A guy that thinks a tariff is something the country exporting pays, well that says it all.
Fair point. I was just wondering if anyone on this group might be affected one way or the other by these tariffs. I don't believe I am, at least not directly at any rate.
Who winds up paying what proportion of a tariff depends on price elasticity, like any other cost.
Cheers
Phil Hobbs
A tariff is paid when goods enter the country that has imposed the tariff. Trump like them because he sees them as tax income that his government can spend.
Economists don't like them because they take money out of the economy in a way that makes it more expensive for consumers to buy specific items that they might want or need.
Price elasticity is just the process of spreading the pain between the exporter of the tariffed item, the importer and the eventual customer.
The rational argument for tariffs is to protect domestic sources against international competition, and the counter argument is the economy of scale - stuff gets produced at the lowest unit price when it is produced in the largest possible volume. The usual rule of thumb is that increasing production volume by a factor of ten halves the unit cost.
There are lots of specific cases where this doesn't work, but solar cells are an example where it has done.
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