Obama’s Legacy Has Already Been Destroyed Search Close Search Close | Rectangular Steel Tube

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Lets see how Trump’s policies play you never know something unexpected may happen as nothing in economics is certain but all logical views to me point to failure.

13 – Fisheries Minister Jonathan Wilkinson announced the creation of Canada’s first protected marine area under the Canada Wildlife Act. Shell Canada cleared the way for the Scott Islands marine National Wildlife Area by giving up its ocean exploration rights off northern Vancouver Island.

8 – The deadliest U.S. wildfire in a century swept through the northern California community of Paradise, about 290 kilometres north of San Francisco. Tens of thousands of people scrambled to flee the fire, which destroyed nearly 14,000 homes and killed 85 people. Several lawsuits had been filed against Pacific Gas and & Electric Co. by the end of November, alleging it could have prevented the fire. The cause remained under investigation but the utility had reported an outage on a transmission line near the time and place where the fire began.

To ensure a reliable supply chain when it comes to batteries, VW says it actually meets with LG’s board in Poland every second week to help get the company ready for cars. Thomas Ulbrich outlined the supply-chain related risks, with Automotive News Europe quoting him as saying:

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It is also not necessarily true for a second reason.  Even if inflation does occur as a result of higher costs of inputs, the tariffs can also result in a reduced need to tax the US citizen, thereby reducing the effects of that inflation.  Think of it like this: if inflation increases from 1% to 5%, but your tax incidence reduces by 6%, you end up with a gain!  I also want you to remember that at the most basic level, the wealth of a nation includes only that produced by the labor of its citizens (even a nation's natural resources are not sufficient...just look at Venezuela).  You cannot spend your way to wealth.  Nor can you print your way to wealth.  If the Chinese laborer is willing to allow their currency to be devalued so as to increase availability to labor more, but the US laborer is unwilling  to do this due to the downward burdens that it puts upon their own purchasing power, then the end result is that eventually there will be no more US laborers.  Since the wealth of a nation is dependent upon the productivity of its labor force, and the end result is that without tariffs to combat the currency manipulation and subsidies of other nations, then US productivity will fall to zero... 

It is clear that the revamp or building of any chemical plant involves significant investment and market risk. For producers in mature markets, the risk of investing in a large-scale demonstration or full-scale commercial unit for an “unproven” process technology is nearly impossible to justify without a thorough evaluation, including testing at bench and pilot scales. As many readers can attest, few, if any, changes to a chemical plant or process are simple and turn out exactly as calculated at the start of the development program.

This is not necessarily true, depending on now you define the word 'costs'.  What Jan was trying to point out in his previous message was that there exist externalities which you have not completely accounted for in your economic, bottom-line calculations, and that the costs of these externalities (such as living in a Hobbsian world of the Indian shipbreaking industry) involve costs that are not completely offset by the lower price of inputs, which you desire and which you fear will lead to inflation if they are replaced by US labor and the OSHA laws and regulations that it entails.  

Emirates Global Aluminium (EGA) has signed a supply agreement with Shaheen Chem Investments LLC to ease Shaheen’s construction of a...

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I applaud you guys when you have these detailed discussions, bringing different disciplines, experiences and perspectives to the table.  Thank you all.

http://www.nydailynews.com/news/national/ny-news-trump-steel-tariff-waiver-untruths-20180729-story.html

The KOSPI has a base value of 100 points— the base date being January 4, 1980. It measures companies listed on the Stock Market Division of the Korea Exchange (KRX) based on market capitalization. The KRX is one of the biggest stock exchanges in Asia, boasting with a total market capitalization of $1.20 trillion as of January 2015.

Wrenches are made with openings that are slightly larger than the nuts or bolts they are designed to fit (typically, the clearance is a few thousandths of an inch). If the fit of the wrench is too loose, however, it will round off the points of the nut or bolt head.


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