Happy Liberation Day

[cnm]

Maybe it did. I'm talking about markets, not individual stocks. You ignored the other element, though: no immediate reason to believe the market will recover. Black Monday in 1987 was the worst single-day event in US trading history, but markets recovered because it was a sell-off compounded by a glitch.

Tell it to Wiki.

 

[multivita-man]

We'll see. I've seen some reports of a few foreign companies already freezing their US prices until the end of the year so they will be eating the tariffs to maintain marketshare.

What individual companies do and what nation-states do are two totally different things. Companies adapt. Shareholders tell them to. No matter what the politics are.

 

[g5000]

And that productivity is not going to be shared out among the working class.

Shared out?

It's making jobs EXTINCT. They are not going overseas. They are simply GONE and never coming back.

That's why you better make sure your kids are training for the jobs of tomorrow, not manufacturing jobs.

The services industry.

 

[multivita-man]

Tell it to Wiki.

No, I don't need to. I know more than Wiki. Maybe do some deeper reading and information consumption of your own before posting so authoritatively.

Just to be clear, I nuance my opinions. I am against the tariffs as they are currently implemented, but I'm not going to reflexively say Orange Man Bad with each post either. Though there will be plenty of Orange Man Bad posts because he provides a lot of material.

 

[g5000]

Automation deletes more jobs than it creates. That's why companies automate.

Here's an American auto factory from the 1970s. Look how many workers:

Here's an American auto factory today. See if you can find the humans:

How are Trump's tariffs on automobiles going to bring back those jobs?

 

[cnm]

Just so everyone knows the facts...

When comparing wages and worker productivity, the price measure matters | FRED Blog

fredblog.stlouisfed.org

 

[multivita-man]

Shared out?

It's making jobs EXTINCT. They are not going overseas. They are simply GONE and never coming back.

That's why you better make sure your kids are training for the jobs of tomorrow, not manufacturing jobs.

The services industry.

Services industry can be taken over by robots. Easily. You think a help desk can't be run by an AI assistant? Not completely so but there's a lot of AI investment in service.

Meanwhile, let me know when you think AI is going to take over plumbing, roofing, electrician wiring, carpentry, utility pole work, welding, etc...I could go on. There are shortages in these fields. You don't need to take out a six-figure loan to get trained either.

 

[cnm]

No, I don't need to. I know more than Wiki.

How about Morgan Stanley, do you know more than them, or should I just accept you know more than everyone?

Our History — Morgan Stanley​

Many factors likely contributed to the 1987 crash, ​

 

[g5000]

Services industry can be taken over by robots. Easily. You think a help desk can't be run by an AI assistant? Not completely so but there's a lot of AI investment in service.

Hey, I used a bot to find a list of service industry jobs:

The service industry encompasses a wide array of jobs that provide services to customers, including customer service roles, hospitality jobs (like servers and bartenders), healthcare professionals, and those in fields like education, finance, and technology.

Here's a more detailed breakdown of some common service industry jobs:

Customer Service & Retail:

• Customer Service Representative: Handles customer inquiries, complaints, and provides support.
• Retail Sales Associate: Assists customers with purchases, displays products, and manages inventory.
• Call Center Representative: Provides customer support via phone, email, or chat.

Hospitality & Leisure:

• Server: Takes orders, serves food and drinks, and provides table service in restaurants.
• Bartender: Prepares and serves alcoholic beverages.
• Hotel Staff: Includes roles like receptionists, housekeeping, and concierge staff.
• Flight Attendant: Provides service and ensures the safety of passengers on airplanes.
• Event Planner: Organizes and manages events, from weddings to corporate functions.

Healthcare:

• Nurse: Provides patient care and medical assistance.
• Doctor: Diagnoses and treats illnesses and injuries.
• Pharmacist: Dispenses medications and provides advice.

Education:

• Teacher: Provides instruction to students in various subjects.
• Professor: Teaches and conducts research at a university or college.

Finance & Business Services:

• Bank Teller: Handles customer transactions at a bank.
• Accountant: Manages financial records and prepares tax returns.
• Financial Advisor: Provides financial planning and investment advice.

Other Service Industry Jobs:

• Hairstylist: Provides hair styling and cutting services.
• Personal Trainer: Develops and implements fitness programs for clients.
• Mechanic: Repairs and maintains vehicles.
• Data Entry Clerk: Enters data into computer systems.
• Delivery Driver: Delivers goods or services to customers.

Meanwhile, let me know when you think AI is going to take over plumbing, roofing, electrician wiring, carpentry, utility pole work, welding, etc...I could go on. There are shortages in these fields. You don't need to take out a six-figure loan to get trained either.

The components of a house will be built by robots and assembled on site like Legos.

 

[cnm]

No, I don't need to. I know more than Wiki. Maybe do some deeper reading and information consumption of your own before posting so authoritatively.

Lol.

Posting the way history and financial institutions record '87 as a 'crash' is authoritative?

Well, compared to your drivel, possibly so.

 

[cnm]

Services industry can be taken over by robots. Easily. You think a help desk can't be run by an AI assistant? Not completely so but there's a lot of AI investment in service.

Meanwhile, let me know when you think AI is going to take over plumbing, roofing, electrician wiring, carpentry, utility pole work, welding, etc...I could go on. There are shortages in these fields. You don't need to take out a six-figure loan to get trained either.

Are you suggesting those aren't service industries? I mean, they're not manufacturing anything.

 

[sparky]

tariffs can be good if done intelligently and with a good reason behind them

so what would be your recommendations Lucky? ~S~

 

[g5000]

Just keep the men out of the ladies restroom, Democrat.

See?

You are well trained. Like a monkey. Always divert to trannies when getting your ass kicked.

By the way, I'm not a Democrat. I was a Republican, but Trump made me an Independent. I'm a Never Trumper conservative.

Conservatism is something you clearly know nothing about as you giddily jump up and down over everything Trump does, including his far left tariffs and his fucking porn stars and stealing from the elderly and cancer kids.

You're a bot. A monkey. A parrot. Not a single original thought in your head.

 

[multivita-man]

How about Morgan Stanley, do you know more than them, or should I just accept you know more than everyone?

Our History — Morgan Stanley​

Many factors likely contributed to the 1987 crash, ​

I said compounded by, not caused exclusively by.

And Morgan Stanley isn't really a source.

 

[LAUGHatLEFTISTS]

When the markets crash and the economy goes into a tailspin, I don't think people are going to be celebrating.

When that doesn’t happen I don’t think you’ll be posting a retraction.

 

[LAUGHatLEFTISTS]

The only thing Trump liberated today was money from the pocketbooks of Americans.

Nope. Dementia *Joe did that with the inflation reduction act and 22% inflation.

 

[LAUGHatLEFTISTS]

I don't know if Trump is stupid...or evil.

The tard herd is certainly stupid. They don't know the vast majority of manufacturing jobs were automated out of existence.

They didn't go overseas. They no longer exist.

The future is the service industry. In fact, we have a trade surplus in the services sector.

That's something else Trump won't tell the rubes.

NAFTA was unavailable for comment.

 

[Nuthin' Fancy]

NAFTA was unavailable for comment.

Remarks by President Trump at a Signing Ceremony for the ...​

National Archives (.gov)
https://trumpwhitehouse.archives.gov › remarks-preside...
Jan 29, 2020 — The USMCA is the largest, fairest, most balanced, and modern trade agreement ever achieved. There's never been anything like it.


And today, we’re finally ending the NAFTA nightmare and signing into law the brand-new U.S.-Mexico-Canada Agreement. Very special. Very, very special.

The USMCA is the largest, fairest, most balanced, and modern trade agreement ever achieved. There’s never been anything like it. Other countries are now looking at it, but there can’t be a border like that because, believe it or not, that is by far the biggest border anywhere in the world, in terms of economy, in terms of people. There’s nothing even close.

This is a colossal victory for our farmers, ranchers, energy workers, factory workers, and American workers in all 50 states and, you could almost say, beyond — because it’s all beyond.

For the first time in American history, we have replaced a disastrous trade deal that rewarded outsourcing with a truly fair and reciprocal trade deal that will keep jobs, wealth, and growth right here in America.
And, in a true sense, it’s also a partnership with Mexico and Canada and ourselves against the world. It’s really a trade partnership, if you look at it that way. And it’s a day of great celebration in all three countries.


NOW, it sucks, just like your LYING, dear leader

 

[DonGlock26]

See?

You are well trained. Like a monkey. Always divert to trannies when getting your ass kicked.

By the way, I'm not a Democrat. I was a Republican, but Trump made me an Independent. I'm a Never Trumper conservative.

Conservatism is something you clearly know nothing about as you giddily jump up and down over everything Trump does, including his far left tariffs and his fucking porn stars and stealing from the elderly and cancer kids.

You're a bot. A monkey. A parrot. Not a single original thought in your head.

The Democrats gave us a dementia patient and called him president.

 

[DonGlock26]

Is Russia on the tariff list?
How about Canada and Mexico?

Look it up.