Comments by "Arty" (@arty5876) on "" video.
-
1
-
@marty-h8r this is exactly what will happen because this is driven by market laws of demand and supply. As a Russian I can say that modern America looks like late Soviet Union - a strong technologically advanced economy, but in HUGE DEBT, living in debt for decades, but once you will need to pay anyways. This is how all powerfull Empires fell - Roman Empire spent all its money and whealth on conquests and holding of territory, living in debt for hundreeds of years, British Empire spent 20% of its GDP on navy during and after WW2, and modern UK looks like a joke that will never recovered from collapse of its Empire. Soviet Union with its isolated socialist economy was artificially lowering prices so people will be more happy, and Soviet government got itself into a political trap - economy and production was unprofitable because of very low prices that government ordered, and government was unable to rise prices because of the fear of the people protesting, and also Arms Race and Space Race played a role, but the main reason of Soviet collapse was price policy and artificial lowering of prices.
The last Soviet leader who tried to solve this problem was Nikita Khrushew, in 1958 he rised prices inside USSR for 2 times, which ended in massive unrest, protests and workers refusing to work on factories, this ended with tragedy, when Soviet army came to supress the protests and in the city of Novocherkask one Soviet soldier fired a warning shot to the air, but there were trees, and there were children playing on the trees, so this soldier killed a kid accidentally, this ended with massacre in Novocherkask in which around 200 people died, including mayor of the city, soldiers and officials, and combined with Cuban Missile Crisis this lead to Nikita Khrushew losing power, communist party impeached him, and not a singe Soviet leader after him ever tried to rise prices again, so Soviet economy remained unprofitable and living in debt, and combined with Raegan's Arms Race and Space Race, combined with post-Stalin changes in USSR - under Stalin, government officials were shot for corruption or not completing objectives, so after Stalin's death communist party did everything to protect itself from responsibility. Under Stalin government had a high responsibility to him personally, after Stalin there was NO responsibility and party degraded, simply ignored clever economists who since 70s were talking about liberalization of economy, there was a Soviet economist Kosygin, he had a chance to became a leader of our country instead of Brejnev in 1964, and he wanted to legalize private property, small businesses and private farmlands in USSR to rise competition and regulate prices by market, by demand and supply laws. But irresponsible one party dictatorship ignored clever people like him, and in 1964 Brejnev came to power instead of Kosygin, party decided to sell oil and gas to Europe instead of reforming economy into social-capitalism. Then, in the 80s, oil and gas prices fell. Also, this system significantly degraded because of no political competition, something simillar we can see in modern America, where 40 years ago politicians were intelligent during debates, and now in 2024 Biden and Trump were using cursive words against each other on presidential debate, Trump recently said that "World leaders are kissing my %ss", and Biden was calling Putin "st%pid son of a b%tch", or like Trump and Vance mocked Zelensky. Zero diplomacy and speech culture, your leaders talk like drunken farmers in southern Russia. The same degradation happened with USSR, but in case of knowledge and competence. When situation became too much critical after oil and gas prices collapse, Soviet Union was living in debt for decades already with unprofitable economy, Gorbachev came to power in 1985 and he tried to buy technologies and factories from America. To achieve this, USSR needed good relationship with USA, so USSR ended the Arms race with USA by ending a Cold War and basically losing it and capitulating, to then buy tech and factories from America. But it were 1980s, not 1930s, so technological investments needed 20 years to become profitable, and it was a failure - USSR only increased its debt, also Gorbachev was so incompetent that he tried to liberalize economy without making a market regulation of prices. Gorbachev gave all factories and production in collective share ownership of workers and bosses, but government still controlled prices and arrificially lowered them, so as a result Gorbachev built a very strange and not working mix of government regulated capitalism, where all government factories became private factories but government still controlled the prices, and owners of these private factories simply refused to sell goods for such low prices, utilizing them instead. This resulted in nearly hunger situation when there was no food and no goods on shelves, people became completely angry and corrupted elites of national republics rebelled against central government, starting to leave USSR one by one. KGB and military attempted a military coup to save USSR, but with no support from people they lost and were defeated by loyal forces of Russian Federation, after this Russian national government banned Soviet communist party in all territory of USSR, and then Russia leaved USSR.
Trump is basically American version of Gorbachev - Americans now will lose a 1/2 of their supply of goods and 1/2 of imports, Trump is saying that he will fight trade deficit and 36 trillion dollar debt by tariffs, but in reality it is American people who will pay with inflation and whealth for these tariffs increase and 36 trillion dollars debt decrease, while Trump will increase spending on military and cuts of taxes for rich, also American stock markets and factories lost trillions of dollars already, so with higher tariffs on foreign goods there will be lower income from taxes inside the country, so deficit and debt under Trump will only increase, just like Gorbachev's attempt to end Cold War and Arms Race and buy technologies and factories from America resulted only in increase of Soviet debt. Producing goods fully inside America - the prices for American people will rise for 2 times because Americans will work for 4-8 thousand dollars per month on these factories, unlike Vietnamese who will work for bowl of rice. Also American importers and retail businesses, together with China can bypass these tariffs by parallel import. Trump and America learned nothing from Russia, Russia was cut off from SWIFT, international banking system, and guess how Russia bypassed it? Russia just relying on parallel imports now, Russia is simply buying all goods from neighbouring countries like Kazakhstan, paying extra tariffs to them. So American retail businesses can bypass tariffs against China by simply making a supply chain in Mexico or Europe where tariffs are lower and Chinese goods will still go to America, but through Mexico or Europe, just like Russia is bypassing sanctions, simply making a supply chains in all post-Soviet neighbours and buying goods from Europe via Kazakhstan. So, if Trump wants to tariff China in 21st century, he must tariff by 145% all countries of the World so there will be no alternatives to bypass these tariffs.
1