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Comment Higher Costs (Score 4, Informative) 96

Would you rather pay a tariff's cost or pay more for products produced domestically? We will see how every company deals with this.

Tariffs are often presented as a shield for domestic industries, but economically they are counterintuitive: by limiting foreign competition, they reduce the pressure on local companies to innovate, improve efficiency, or lower costs. Without that competitive drive, businesses can stagnate, producing inferior goods and services while charging higher prices. The irony is that the domestic consumers tariffs are meant to protect end up paying more for worse products, while the broader economy loses out on the dynamism and progress that open competition usually sparks.

Suddenly reshaping supply chains to respond to tariffs carries significant risks that ripple across the economy. Companies may be forced to abandon established, efficient networks in favor of hastily arranged alternatives, which often means higher costs, logistical bottlenecks, and reduced reliability. These abrupt shifts can disrupt production schedules, strain relationships with long-term suppliers, and erode quality control. Worse, the uncertainty discourages investment in long-term innovation, as firms divert resources to short-term survival.

When unemployment is already low, suddenly finding enough workers to reconfigure supply chains in response to tariffs becomes nearly impossible without driving up labor costs. Firms must compete for scarce talent, often retraining or relocating employees, which adds further expense and delays. At the same time, the abrupt shift discards sunk costs. Prior investments in established supplier relationships, infrastructure, and logistics are thrown out before they would have been depreciated. These wasted resources are replaced by new costs for recruitment, training, and building fresh networks, all of which inevitably flow into higher prices for consumers. In effect, tariffs don’t just disrupt trade; they force companies to burn past investments while layering on new inefficiencies that must show up in the prices of goods.

Comment Re: Vain hopes (Score 1) 27

Everyone dies one day. And the main thing about a personalist dictatorship is that when the dictator croaks the whole system usually follows unless the dictator manages to install their child as the successor.
Besides, these three stooges don't want to be a part of any multinational union since that would seriously limit their power.

Comment Re:Creators of technology (Score 1) 111

I think many of them do understand what they are. Calling a surveillance software company Palantir is very self-aware. The rest is spot-on, though. The sociopathic kids grew up on dystopian science fiction of the 1980s, but unlike average people they read it and thought "what a great idea". And now they are adults and try to implement the dystopia they liked so much. And they basically admit it themselves:
https://en.wikipedia.org/wiki/...

Comment Re:Translation (Score 1) 180

Well, the European market for cars is absolutely cutthroat - there is huge competition between many manufacturers and unlike in the US the consumers don't want to drive the same car as their neighbours, hence even the top three cars have only a miniscule piece of the market.

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