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    1. thisisinsider on

      **TLDR:**

      * **Tariffs can help the US prepare for conflict since they can lower foreign reliance, Ray Dalio said.**
      * **Dalio wrote on Wednesday that such taxes are „necessary“ in times of an international power struggle. He wrote that tariffs make local companies less efficient, because global supply chains are stifled, but more survivable as long as domestic consumers can still buy enough of their goods.**
      * **The billionaire’s point about an „international great power conflict“ aligns with his regular warnings that the world is moving toward a period of great strife and a** [**high risk of war**](https://www.businessinsider.com/us-forgot-how-to-fight-real-war-veteran-in-ukraine-2024-5)**.**

    2. Esoteric_Derailed on

      🤔So if billionaires are all about self-reliance, what are they gonna do with alll that money?

    3. What a moron, the only reason you will have to prepare for a struggle is because the tariffs are going to throw you into one. Only a child thinks in such simple terms that action A results in a simple result B with no regard to second or third order effects from something as arbitrary, wide ranging, and indiscriminate as GLOBALLY IMPOSED TARIFFS and then calling it LiBeRaTiOn DaY.

      With the United States abandoning it’s post COVID Biden era economic resurgence the Chinese are just going to shoot up ahead forging more of the same relationships that have it owning more and more parts of Africa. Trump is an idiot and at this point either an agent for Russia or China because he isn’t helping Americans.

    4. Could it be a war against billionaires so the rest of the people just can leave in peace?

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