Trump introduced those super high tariffs on every country America is in trade deficit with, which, essentially, means every country.<\/p>\n
As a result, those countries are going to introduce reciprocal tariffs on America, which translates into a trade war.<\/p>\n
What’s going to happen next is global disentanglement of supply chains based on toxicity. But more directly, some things are going to get more expensive. Expecting them to get more expensive, people will buy the existing stock quickly, and the manufacturers are going to stop supply until the pricing is figured out. This means both scarcity and high prices.<\/p>\n
So, obviously, during the weekend I looked into the stuff I will have to buy in the next six months to a year, overlapping with the stuff that’s going to get more expensive within that timeframe, and as a result I bought two Apple laptops. Biljana needs a replacement for her Intel 16″ Macbook Pro from 2019, so she’s getting a 16″ M4 Max Macbook Pro. My 13″ M1 Macbook Air is also due for replacement because I broke the tab key and my eyes aren’t what they used to be so I got myself the 15″ M4 Air, but this time I got 24GB of RAM because 8GB was limiting. Essentially, I just flushed my shopping list for the year because I see no benefits in waiting.<\/p>\n
So, yeah, my prognosis for this is that the economy will go down, prices will go up, availability of things will go down, and the general standard of living will be degraded across the West. Also, I expect wars to get much worse, and quickly. Buying laptops is not what you would normally do in those conditions, but I’d rather replace failing hardware now when it’s merely preventative maintenance, than later when it might be a serious problem.<\/p>\n","protected":false},"excerpt":{"rendered":"
Trump introduced those super high tariffs on every country America is in trade deficit with, which, essentially, means every country. As a result, those countries are going to introduce reciprocal tariffs on America, which translates into a trade war. What’s … Continue reading