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Elerond

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Everything posted by Elerond

  1. they should have used their service tax weapon and put high tariffs for targeted products to kill exports from republican controlled states and lowers tariffs for democratic controlled states to cause internal turmoil in USA. Also offer zero tariffs for Mexico and Canada. Make deals with India and Brazil, decrease tariffs for Australian beef. Look deals with Argentina and Vietnam. Offer support for Taiwan, Korea and Japan. Offer massive investment funds for companies that build semiconductor and battery factories in EU. This would lead short term lost but long term independence and better competition on markets. Current deal offers short term stability but long term losses both in European manufacturing and global trade. But clearly EU's leadership is trying to give Trump political wins in order to avoid facing their past idiocies.
  2. This was bad deal for EU and we will most likely see increase of support of Russia and China among politician and people, as deal does not have single positive change for EU it has only negative impacts compared to current state and it does not even guarantee long term agreement or that USA does not try to blackmail with withdrawing their military support or putting punitive tariffs. I am not sure that this deal will give even USA any clear benefits. Only positive thing that economist can say about deal is that it decreases instability on market, but even that is questionable as US and EU politician don't seem to agree are cars and medicines part of the deal. So at end day deal is bad faith deal and only reason it exists is that it is seen better than market instability, but it will create most likely create much more market chaos in coming years as it almost guarantees win for anti-eu, anti nato and pro russia/china parties in next elections, because it will increase unemployment rates, national debts, cause decrease in tax income. And it will work as example how EU can't even do the main thing why it exits. $600bn (£446bn), including American military equipment, and spend $750bn on energy - this is also empty claim as it does not have any legality, although EU countries were already planning to buy military equipment as part of their plan to increase defense spending and lack of European options. With energy question is very big question mark, as even though some EU countries are planning to buy US gas and oil to replace gas and oil that they have bought from Russia, $750bn is absurd sum, considering that USA capacity to sell LGN is ~4 billion square meters, which is about 1% of gas that EU uses in year. So USA should increase their LGN exports to 10x (current plan is to double export capacity to 2028) what is now and still it would take over 20 years to spent that $750bn (currently EU countries uses 310 billion euros year to buy oil and 90 billion euros to buy gas). this was 2.5% before April, so this is not win for EU carmakers in anyway. Estimated impact for them is massive loss, only compensated by fact that for some reason USA carmakers are currently suffering from higher tariffs, but this will anyway will case decrease of sales.
  3. US car manufactures don't make their cars fully in US, where Japanese manufactures don't rely on imported parts usually and as Trump had great idea to put higher than 15% tariffs for countries where US manufactures buy their parts than. So end result is peculiar situation where US car manufactures suffer from higher tariffs than Japanese manufactures and when this is combined with fact that US manufactures need pay more their workers than Japanese manufactures, Trump has succeeded to increase price of US manufactured cars more than Japanese manufactured cars. US new car sellers are the ones that suffer most of these changes because they need to cut their profits in order to keep people by cars from them. EDIT: So these trade deal as things are now looks like one that will just increase US trade deficit with Japan and increase amount of taxes that US people pay for their cars.
  4. He gets beaten up quite lot and wins only one fight
  5. Senate increased it to be 5 trillion. One rule that always seems to be true is that when politician say that they are worried of national debt they always lie.
  6. Current governance has already deported US citizens without any court procedures. So I would say he can do it, as no one will prevent it even if it is illegal
  7. That is just farce. Awful decision all around as it will not increase European defense, countries already have plans for creative counting how to make it on paper look like they are "spending" 5% of their GDP in defense. We could for example take Finland as example, we currently spent bit over 6 billion euros in defense, after this increase we would spent 16 billion euros in defense each year. Finland's military uses bit less than 2 billion euros to run itself (this does not include cost caused by compulsory military service, which will be left out from the increased budget). Two largest military procurements in past decade are our navy buying two corvettes with 2 billion dollars, which were ordered in 2015, and first will be delivered in 2027, so that 2 billion dollars is divided over 15 years, so about 133 millions per year. The largest purchase in past decade has been 64 F-35 with 8 billion, with 10 year delivery window, so 800 million per year. With new budget Finland can run its military and repeat both of these purchase every year and have still 2 billion to spend other things. Which is quite absurd thing to do. Only way we could actually spent that much money is to start building up massive stock of cruise missiles. But most likely we will just write all public funding for defense contractors that are selling weapons to other countries as "defense spending". Also Trump may changes his mind about Nato next week if he feels like it.
  8. https://www.reuters.com/world/middle-east/iran-parliament-approves-bill-suspend-cooperation-with-un-nuclear-watchdog-2025-06-25/ Iran is kicking IAEA out from Iran and speeding up their "peaceful nuclear programme"
  9. Iran has knowledge of how to make nukes. They have tried to make deals to trash their nuclear program several times and each time other countries have broken the deals. They have seen that non-attack and promises to protect deals are not hold by countries. And they were in process to negotiate of to end their nuclear program only to be attacked when main part of negotiation was meant to start. And they know from Russian example that nukes are reason why western countries avoid becoming parts of the conflict and avoid giving too much help to Ukraine. Israel's bombing campaign at most has delayed their nuke program for month or two, according to military experts. So why would they not continue and speed up their nuke program, when they know that with bombs only Israel and even US can't prevent them from producing nukes, considering that they already have everything they need to make them? And longer Israel is allowed to bomb Iran without sanctions more Iran will see that there is no benefits from the negotiations and that Israel and west are seeking of total destruction of Iran.
  10. This campaign will most likely ensure that Iran will acquire nuclear weapon. Only full invasion and occupation of Iran will prevent that in this point.
  11. US resigned from nuclear agreement and ensured that other countries can't either to remove sanctions as promised, which is why IAEA doesn't have full access. Also Israel has failed to hit Iran's more advanced nuclear lab Fordow and US official estimate is that Israel can't hit it without US help and without destroying it Israel isn't able to really effect Iran's capacity to produce weapon grade uranium and nuclear weapons.
  12. https://edition.cnn.com/2025/06/17/politics/israel-iran-nuclear-bomb-us-intelligence-years-away?iid=cnn_buildContentRecirc_end_recirc "When Israel launched its series of strikes against Iran last week, it also issued a number of dire warnings about the country’s nuclear program, suggesting Iran was fast approaching a point of no return in its quest to obtain nuclear weapons and that the strikes were necessary to preempt that outcome. But US intelligence assessments had reached a different conclusion – not only was Iran not actively pursuing a nuclear weapon, it was also up to three years away from being able to produce and deliver one to a target of its choosing, according to four people familiar with the assessment."
  13. There were news that Russia gifted 10 S-400 batteries to Iran. But it is difficulty to say if they were actually delivered and if they were where Iran deployed them. Also air defence systems also need missiles to work, S-400 with older missiles isn't any better to hit f-35 than s-300 variants.
  14. I don't think nuclear deal is what Israel wants from this, considering that last time there was deal Israel convinced Trump to resign from it. So I am pretty sure that purpose of the attack is to prevent Iran and USA signing the deal they are currently cooking.
  15. Does it really? Single court may block something but as soon as that happens appeal court lifts the block and then supreme court may hear case year later or accept government position with shadow docket https://www.theguardian.com/us-news/2025/may/28/us-court-blocks-trump-tariffs
  16. Not much, but at least they demanded that Israel needs to allow food trucks to Gaza
  17. But even when they criticize Russia they don't seem to follow that criticism with actions which is quite different from their actions against other countries where they seem everyday to do new actions. Playing home audience is quite different from actually being something. In past 6 months their actions have been quite pro Russian. They have but more pressure on Israel than Russia. So I can see where their critics are coming from.
  18. I am not sure how much people should read in this deal as current peace proposal from US would leave majority (about 70%) of known mineral deposits to territories controlled by Russia.
  19. I just wonder how politicians are able to talk so much about inflation and not understand what it is, what causes it and especially what is its relationship with product prices.
  20. Not going for more, when battle lines have been about same for year isn't really compromise even for the "winner" as they really don't have resources to go for more.
  21. Really only Ukraine makes compromises Areas that Russia gets contained 28% of Ukraine's population before the war Areas contain almost all Ukraine's major ports Areas contain majority of active mines in Ukraine Areas contain majority of Ukraine's minerals counted by value Areas contain majority of Ukraine's manufacturing Peace plan does not contain any actual protections for Ukraine in case Russia breaks it Ukraine will not be able to join EU in next 100 years, because they can't meet requirements Ukraine can't join military alliances not just NATO Russia gets areas that they have lost for Ukraine Russia does not give up anything Russia gets all sanctions removed I see how it is very good peace plan for Russia, for Ukraine though it is just little better than full surrender
  22. Considering that Congress prevented Biden's admin to get through their policies to prevent illegal border crossings, because Trump asked them to do so that he can use those illegal border crossing in his campaign and now those polices have been enabled and border crossing are decreasing. So how much credit we should give Trump and republicans for solving issue they themselves created in order to win election? https://www.theguardian.com/us-news/article/2024/may/23/senate-democrats-immigration-border-bill https://apnews.com/article/congress-ukraine-aid-border-security-386dcc54b29a5491f8bd87b727a284f8 https://www.pbs.org/newshour/politics/senate-republicans-block-bipartisan-border-package-scrapping-deal-they-had-demanded-from-democrats https://eu.azcentral.com/story/opinion/op-ed/ej-montini/2024/08/22/trump-border-bill-arizona-visit/74898253007/
  23. It is just physical goods. There is now tariffs for services, which software and digital sales are counted. USA more than balances its trade 'deficit' with other countries with it service sales, but some reason they don't tell that in their announcement.
  24. One would think that department of government efficient would look this case and fire people wasting governments money by mistakenly deleting and then restoring pages, that seem to be such bureaucratic waste they are trying to get rid of
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