Hacker News Reader

the difference being that the EU is in the market. The US is easing its debt by boosting profits, but this will only work temporarily. Otherwise, the US will gradually slip out of the market. Of course no one has a crystal ball, or if someone has one it doesn't really predict the future... we'll see!

View on HN

> The US is easing its debt by boosting profits, but this will only work temporarily.

I mean, it's hard to see how it would work at all! Their tariff take is simply not going to be sufficient to move the needle very much, and it's not implausible that the revenue loss on income and corporate tax due to lost economic growth will be larger.

Mercantilism doesn't work, there's plenty of evidence that the current policies are really bad for the US and the global economy, there's no silver lining to them, not even the temporary "boosting profits", which won't happen.

If the future can't be predicted that's because one can't predict when Trump and his imbeciles will be stripped of power.

I was definitely too hopeful with my "will". My personal prediction aligns with your own, but again I'm not that sure of my predictions

Reply on news.ycombinator.com