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Joined 2 years ago
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Cake day: July 6th, 2023

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  • I have two smaller businesses, and I’ve both laid off due to expected decrease in business and bought supplies ahead due to expected shortages.

    You’re good putting together that you wouldn’t build a factory right now because uncertainty doesn’t let you predict returns. Not only can you not predict the next president and their tariff policy, I wouldn’t say you can predict trump’s actions tomorrow. I heard an interview John Bolton did today, and he said something along the lines that “trump doesn’t think, he reacts.” Tariffs could be zero or 500% next month or next year or tomorrow. The safe move is to wait and see - and while everyone waits and sees, only small-scale production will start, definitely not enough to sustain demand.

    Honestly, if I had the money to build a factory right now, I’d park it and wait to buy one from a company that fails in all this. It would save so much money.