Nai Nai

Every day I'm hustlin'...

[Nai Nai @Nainer_Nain]

@JaguarAnalytics i'm loving it

[Nai Nai @Nainer_Nain]

@pennycheck anecdotal but i can tell you my son (older teen) and a LOT of his buddies prefer to buy high quality "reps" directly from China instead. Massive reddit boards just on this topic.

[Nai Nai @Nainer_Nain]

@TicTocTick Unless you need an abortion….

[Nai Nai @Nainer_Nain]

@stocktalkweekly Got rightly slayed for the post and has now deleted it lol.

[Nai Nai @Nainer_Nain]

@mikealfred @stocktalkweekly Complete rubbish. Having been a member of his discord for several years I can assuredly say these claims are completely false. His ethos is the exact opposite of what you’re posted. Mudslingers on fintwit ought to worry about keeping their own side of the street clean….

[Nai Nai @Nainer_Nain]

@stocktalkweekly No difference in toronto.

[Nai Nai @Nainer_Nain]

@stocktalkweekly I loaded my son's RESP (educational fund) in at $10.50 after it was discussed in the Discord and ran from $9 - $13 before pulling back and consolidating. Faaaar more in that account now than he will ever need for school.

[Canada Hates Trump @AntiTrumpCanada]

Canada elected a guy with a PhD in Economics from Oxford University. Mexico elected a woman with a PhD in Energy Engineering. The USA elected a 2X impeached conman who bankrupted 4 casinos & has 34 felony convictions. Mexico and Canada really do border on stupidity.

[Stock Talk @stocktalkweekly]

WHAT TARIFFS ARE MEANT TO DO, WHY OTHER COUNTRIES HAVE THEM, AND WHY PRESIDENT TRUMP'S HAPHAZARD TARIFF PLAN WILL DO MORE HARM THAN GOOD

I'll preface these comments by noting that I'm an American, I approve of the use of tariffs as a policy tool, and I support President Trump & his administration (and did prior to the election as well). I'm not a partisan, and I think there is a distinction between support of policy in theory, and endorsing every detail of that policy's implementation.

Many Americans want to see middle-class jobs come back to America, and feel they have been left behind. Emotional impressions left by their parents & grandparents, have led many Americans to perceive these jobs as the same middle-class jobs of old -- in fields like car manufacturing and steel production.

When generations of your family work in a particular industry, the fate of that industry is especially important to you as a person. I understand that, and I empathize with the hardships that these Americans express. But I also believe that there is a misconception regarding economic transformation, and the inherent evolution that developed economies experience over time.

Tariffs are economic tools traditionally used to protect infant industries. "Infant industry" refers to new sectors within a country’s economy that lack the scale, efficiency, or technological sophistication to compete with established foreign competitors. By imposing tariffs on imported goods, governments temporarily provide domestic firms with competitive price advantage. This “breathing room” allows infant industries to grow, learn-by-doing, develop scale, and invest in technological improvements.

Historically, there are many examples of specific tariffs being used for specific industries. For example, the United Kingdom relied heavily on tariffs during its mercantile era (from the late 17th century to mid-19th century), to shield its industries from stronger European competitors. From the Civil War through the Great Depression, when our nation was younger, the United States used tariffs to nurture industries like textiles & steel. South Korea used them for their electronics sector in the 20th century, and Brazil used them to protect its burgeoning automobile industry during the 1960s and 70s.

On the subject of "fairness", this is precisely why many smaller economies have such high tariffs today. They cannot compete with the juggernaut economies of America and China. They also have no hope to have balanced trade with nations like the United States. They simply don't have the purchasing power to do so. Do we really, practically expect Vietnam to buy as much of our stuff as we do theirs? Of course not.

Now, are tariffs universally being used for protection of infant industry? No. There are many cases in which tariffs have been far too long-standing leading to inefficiency, rent-seeking, and technological stagnation. Many of these improper tariffs and trade barriers need to be specifically addressed and resolved. However, sweeping reciprocal tariff measures devoid of nuance are not the way to do it.

On the subject of bringing manufacturing back to the United States, we have to be specific. Do we want to make plastic toys and cotton t-shirts here again? Some may think so, but the reality is that it's impossible. We have an $83,000 per capita GDP. Our wages are simply too high to affordably make these things.

Manufacturing didn't leave America because we "forgot how to make things" (companies like SpaceX demonstrate world-leading manufacturing capabilities in the United States) -- it left because our nation became wealthy. Reverting to low-value manufacturing would be a sign of economic regression. We'd just be going backward.

As economies grow and become wealthier, their labor-cost advantage erodes. China's "perfect blend" over the past 15 years has been lower labor costs, massive population, and the necessary logistics & infrastructure to facilitate manufacturing. Over time, as China becomes even wealthier, they will inevitably producer fewer low-value goods. We've already seen parts of Southeastern Asia begin to siphon business from China over the past 5 years, as they can offer comparable or better labor-costs for manufacturers, while also mitigating political risks

Some people profess that automation is a solution for this, but the brief counter to that argument is that the technology simply isn't ready yet. Could the issue of wages and labor-costs be solved in an economy where useful robots & artificial intelligence can make these things without human input? Sure. But that economy doesn't exist yet. It probably won't for another decade, maybe five years at best. This capacity certainly wouldn't be available immediately, and it is silly to suggest that this is a solution for reshoring manufacturing. We still need people to make things, and American workers are too expensive in the context of producing low-value goods.

Now, the above arguments aren't meant to imply that tariffs can only be used to protect infant industries. In the process of becoming wealthier & more complacent, the United States has allowed strategically critical industries to leave the nation, namely semiconductors, steel, and shipbuilding. These industries are national security interests, because in a wartime scenario we do not have enough domestic capacity to meet our industry needs in these categories. That puts us at major risk for being leveraged against in a time of conflict. These industries also offer high-paying jobs that would fit with American wage-standards. Tariffs can be used in these specific industries to help reshore capacity. However, they must be rolled out mindfully and practically.

A multi-year time frame should be provided, allowing industries to build factories, train workforces, and adapt supply chains. Clear benchmarks should be set, permitting tariff reductions when foreign nations invest in the U.S. or make meaningful trade concessions. Rolling these tariffs out overnight with less than a week for companies & countries to respond, creates unnecessary, avoidable economic chaos.

On the subject of negotiation, there is a delicate balance between assertive use of economic leverage, and unpredictable, unilateral economic policy. Both are matters of perception. Some onlookers perceived Trump's initial tariff policy as hardline bargaining tools aimed at securing concessions. The absurdity of the policy at face-value seemingly implied this. While this may or may not be the true purpose, the issue with this type of policy messaging is that it dramatically increases uncertainty.

Why? Because no one knows what comes next. The tariffs seem too high to logically keep in place, and so many are procedurally looking forward to them being softened or removed. But, in the case that they aren't, the potential global economic impact is too large to ignore when conducting risk calculus. There's a high-stakes gamble at play.

The hope is that all major nations come to the table to renew trade agreements, but if they don't, then you have a global trade war overnight. There is only one immediate effect from the policy: a decline in economic confidence resulting from uncertainty. Investments will stall, and so will spending, because who wants to empty their pocket-book when they don't know what could happen next?

This tariff plan will almost certainly cause a global economic recession if it's implemented as it was originally announced last week. Millions of people, including Americans, will lose their jobs. We risk a stagflation scenario where prices for basic goods skyrocket in the short-term coupled with a significant economic slowdown.

The worst part? Global central banks are currently between a rock and a hard place, where they are juggling their fight with inflation with an incrementally weakening labor market. The timing couldn't be worse for injecting massive economic uncertainty. The reactionary monetary policy support that we're used to in scenarios like this may not be available this time.

There are some influential people within the Trump Administration who follow this account, and without naming them, I hope that they consider this post (and other criticisms of the tariff policy) with an open-mind.

The Trump Administration should immediately move to refine this policy to avoid a global economic recession. The Administration should designate accountability (find a fall guy, whether that's Lutnick or some other economic advisor), walk back the initial policy, clarify its overall stance, and provide a buffer period for negotiations with major trading partners.

Leveraging the current fear & chaos strategically, the White House can secure new trade agreements and introduce detailed, phased tariff policy for strategically critical industries like semiconductors, steel, and shipbuilding. This would be a more rational and sophisticated approach to address the re-ordering of global trade.

[Stock Talk @stocktalkweekly]

Using tariffs to reshore critical industries like semiconductors & shipbuilding makes sense.

Using tariffs to reshore unimportant industries like apparel, plastics & small components is nonsensical and will only lead to basic goods inflation that will hurt American wallets.

[Brian Krassenstein @krassenstein]

This is sickeningly chilling:

Adolf Hitler’s rise to power was marked by a systematic campaign to dismantle democratic institutions, suppress dissent, and undermined democratic elections, while dehumanizing minority groups.

Shortly after taking power in 1933, Hitler’s regime began reshaping how German history and culture were presented to the public while demanding loyalty instead of institutional allegiance. The Nazis purged museums, universities, libraries, and cultural institutions of anything that contradicted their ideology. School curricula and museum exhibits were rewritten to glorify the Aryan race and erase Germany’s responsibility for World War I. Any content deemed "degenerate" or "un-German" was removed.

Hitler then undermined judicial independence by pressuring judges to conform to Nazi ideology and calling for the expulsion of those judges who did not. Hitler and his propaganda machine frequently claimed that protesters and political opponents were not genuine, but rather paid agitators working for foreign interests—especially Communists and Jews. This narrative helped justify violent crackdowns and mass arrests.

His regime also crushed independent journalism, replacing it with tightly controlled propaganda that manipulated public opinion. Hitler sent thousands of people who were perceived threats to concentration camps without trials or due process.

Most significantly, he cast aside the constitutional limits of the Weimar Republic, which destroyed any remaining constitutional limits on his rule.

[Canada Hates Trump @AntiTrumpCanada]

I’m in total disbelief that a privileged fucking Nazi from South Africa is parading around the U.S. like he owns the place - tearing shit down with his army of bootlicking tech nerds - and no one’s stopping him. How the fuck is this even happening?

[Nai Nai @Nainer_Nain]

@wallstengine wow, I finally agree with this this quack on something

[Robinhood @RobinhoodApp]

Starting today, you can now trade contracts on the men's and women's college basketball tournaments.

See you at tip-off: https://t.co/WXpUDpYBJO

[Діана @katze_chick]

Oooooh good burn Canada!!
🇨🇦 ♥️🇨🇦
Well done.
<sound up>

[Oliver Alexander @OAlexanderDK]

We have reached the “Hitler did nothing wrong” stage of Elon Musk totally not being a Nazi.

[Nai Nai @Nainer_Nain]

@stocktalkweekly BOOeing deserves it with their ethics and safety failures. Long $erj.

[Nai Nai @Nainer_Nain]

@acethekid yep...stats 101

[Nai Nai @Nainer_Nain]

@pennycheck You can only push the “nice guys” so far. As divided as we have been here in recent years with our own issues, the Trump threat is uniting and mobilizing us in a big way. The hatred for him and Elon is deep and won’t be forgotten anytime soon.

[Nai Nai @Nainer_Nain]

@JaguarAnalytics the “again” part is the problem. It never was…