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Quasar
I would say it's the other way around. He's the one with the money.
Why do so many not get this basic point?
I'm saying start measuring from Q1 Jan'26 onwards not Jan'25 if you want to attribute to Trump
The Trumps & Elon tweets thread (Had to make this since it's never ending)
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Why do so many not get this basic point?
Kevin Lane
Galvanizer
The thing is neither China wants to labor nor India wants to be a cyber coolie for west.
China got old before it got rich. India lost it best and brightest to being IT coolies instead of going DeepTech. Global South spent their resources, exploited their population, polluted their air, waters and land. Global South got short end of the stick while West earned all the money, it's citizens enjoyed cool life, clean environment and lectured others sanctimoniously about pollution and human rights.
Now China, India believe they have out grown the dependence. They want to move up the value chain.
West will now have to spend their resources, exploit their population, pollute their own air, waters and land, they will have to go back to child labor and long working hours for adults.
West made merry on back of artificially strong currency. That strong back of the west is now broken. So, the said money they have is no longer worth that much.
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Quasar
What do you mean by outgrown their dependence?
China needs markets just as we do for services. Neither of us can do without trading with the US. There is no one who can replace the US as customer.
Both are dependent on the US. Have not outgrown the US
Pyception
Forerunner
Kevin Lane
Galvanizer
Read my both posts collectively.
1. We will need to find other markets.
2. Above is not a choice. West is no longer going to remain the market it is. They will no longer be able to afford to import so much.
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