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Friday, April 11, 2025

Folks With ZERO Reasoning Skills - Karl Denninger

 Read full text: https://market-ticker.org/akcs-www?post=253110 

Reality is that they all know damn well why the jobs went there from here and that absent said arbitrage, all of which is something our nation's citizens will not permit to occur in this nation, said production of whatever it is is not economic to do there and incur the shipping costs which, in an actual parity production situation, is not worth paying since you don't have to and thus in such a situation the jobs come back here.

All these nations know this.

So do all the billionaires who got their money by ****ing the ordinary American up the ass for the last several decades via various arbitrage schemes; zero of their "cheaper production" did anything to benefit you as it all went in their pockets while you had your job shipped overseas or equally bad, H1-b and J-1 conversions came in here, undercut your wage demands and screwed you at home with you, in many cases, being forced to train your replacements.  Disney anyone?