US Election Day November 2024 Containment Megathread
US Election Day November 2024 Containment Megathread
put all of your election posting here so it doesn't bother anyone else!
from @CoolerOpposide@hexbear.net:
For Agitprop purposes, I’m asking comrades to help aggregate any and all effortpost responses, critiques, or general thoughts that you have seen or written pertaining to yesterday’s U.S. election that you think have standalone value for discussion either online or IRL.
I made a post for that purpose here, and ideally it can be used not only for general discussion, but as a reference for well thought out responses in discussions about the election to save all of us some brainpower.
No shitposts please, as we’d like to highlight some comrades’ actual effort in constructing responses or analysis, but humor is 100% welcome to help make your point!
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Trump doing high tariffs will collapse so many global south economies.
Sound good right? So many of them are neoliberal regimes aligned with the west. But it will also cause so many excess deaths and there is no guarantee the replacement would be any better.
Will it tho? If eu and china are working it would be passable, better than 2008. (And it never gonna happen, tim apple will put him in hydraulic press himself)
I think replacing significant amount of exports to the US with exports to China and EU would be very difficult for most of these countries .
Since EU has an issue with low domestic demand themselves.
Likely it won't be something like 100% and more targeted. I think it's still concerning, Trump's "trade war" which Biden continued hasn't been good for global south exports.
I mean raw commodities, yeah probably would suck balls for like copper/steel/aluminium, something like intermediary goods? Not so sure. Especially with built in mexico loophole
(And steel/aluminium implode with some frequency over china/russia/America news anyways)
I would be more scared over native lands (re:mining) but that was kinda softly peddled with dems as well
Good depends how you look at it, its actualy terrible. I could make an effort post but ugh.
For example Brazil is currently under a extremely heavy US/neoliberal market attack, it doesn't help that Haddad is a neoliberal himself but in the short term either the Brazilian left draws a line or the market will keep pressuring for higher interest rates.
Brazil set to speed up interest rate hikes or here in Portuguese, they're talking about an insane 15% interest rate
The country is perfectly fine but the neoliberal market is demanding higher interest rates and with the US situation now its pretty much inevitable. Trump's policies may be incredibly good for the USD in the short term which is the perfect excuse to destroy the global south.
To be clear, this is pretty much destroying Lula's government and reelection chances and the Brazilian far right will likely win by ridiculous margins. With a Trump victory and support all cards are off the table including a real and successful military coup to remove them from BRICS.
Most of the global south economies are in a situation like this. There is no alternative to neoliberalism.
I know I repeat this but there is no Chinese pressure or support beyond just talks and trade deals. We may well look back and say the 21th century was lost on the contradiction between Chinese internal vs external policies.
Either way the local economic situation may be fine, certainly Brazil is well enough economicaly that interest rate hikes is economic suicide. In turn this is the perfect vehicle for right wing radicalization.
And worst of all nobody is resisting. Brazil is about to raise interest rates another .5%, its a catastrophe.
Russian neoliberalism is already putting into question the whole war economy boost.
Venezuela got fucked.
Iran is about to get bombed etc.
China is literaly bending their backs to the market while saying US very very bad.
The worst part is we can't say its because of Trump, these are tendencies happening for years now, but now it seems there will be no turning back, this is the path.