• 0 Posts
  • 10 Comments
Joined 1 year ago
cake
Cake day: June 15th, 2023

help-circle






  • If you are an American, how are you preparing for the upcoming tariffs and possible trade war?

    I’m not. I would love to, but there’s not really much I can do as far as I can see.

    What impact do you think it will have on you?

    Are there critical items to purchase now that will be too expensive to afford next year?

    Probably a lot of things. Contrary to what a lot of MAGA morons would like to claim, tariffs very rarely ever benefit the country establishing the tariff. Very few things are actually wholly made in America nowadays. With such a global economy, even things that are marketed as “made in America” are typically not made 100% in America. And even if they are, the parts are often sourced from around the world since, with modern shipping, that’s actually cheaper typically than sourcing it in-country. (Not to mention that some parts can’t be sourced in-country simply because no one exists to provide that service anymore.)

    Are you changing your savings or investments?

    Bold of you to assume that I have any extra money to put into either of those. I put in the same amount of money every week as I have the last while: whatever I can, which isn’t much. I don’t get paid shit for my job, yet prices keep going up. Sadly, it’s not like I have much money to adjust. :(