Comments by "Brent Jacobs" (@br3nto) on "Financial markets are melting down because of Trump. Will everything else follow soon?" video.

  1. This is a really intriguing economic experiment. Of course in the short term there will be market corrections as supply and demands in the US shift in response to their tariff… but over the mid to long term, what will the outcomes be? Their markets will meet supply, or their demands will shift. From what I understand, this change isn’t designed to create a globally efficient market, but instead a locally efficient market. Regardless of what the boundary is, the globe or the US, ultimately, it’s still a closed market at the end of the day…. Unless we find aliens on other planets to trade efficiently with.
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  2. The other intriguing aspect to this is trading short term market efficiency, for longer term manufacturing capabilities. When any job is outsourced, it’s effectively a brain drain without the loss of people… after a generation, the outsourcees will be the skilled and innovators, the the outsourcors will be left with outdated skills and knowledge. Imagine not doing your job for a year or two, compared to someone who is doing your job over those two years… your skills will be rusty, and theirs will be honed and have advanced forward. There’s no getting around that… the only way to avoid that brain drain is to do the work in house regardless of cost. Learn from the mistakes, and innovate on the pain points…. Outsource at your own peril.
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