Will tariffs make America great?

Throwing vast sums of money at Argentina now might be really useful in future, if history repeats itself to the extent that it mirrors the end of a previous totalitarian regime whose leaders that managed to escape needed somewhere far away to quietly disappear to.
 
Law of the instrument

The law of the instrument, law of the hammer, Maslow's hammer, or golden hammer is a cognitive bias that involves an over-reliance on a familiar tool. Abraham Maslow wrote in 1966, "it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail."

The concept is attributed both to Maslow and to Abraham Kaplan, although the hammer and nail line may not be original to either of them.

In 1868, a London periodical, Once a Week, contained this observation: "Give a boy a hammer and chisel; show him how to use them; at once he begins to hack the doorposts, to take off the corners of shutter and window frames, until you teach him a better use for them, and how to keep his activity within bounds."
 
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www.reuters.com

US banks hunting for collateral to back $20 billion Argentina bailout, WSJ reports

A group of U.S. banks, including JPMorgan Chase , Bank of America and Goldman Sachs , is hesitant to lend $20 billion to Argentina without guarantees or collateral, the Wall Street Journal reported on Monday.
www.reuters.com www.reuters.com

banks looking for collateral or guarantees in argentina bailout package, don't want to be left with a pile of worthless pesos in exchange for their $20b. imf also concerned their argentine debt obligations will be shelved in favor of the trump bailout
 
dirtywick said:
www.reuters.com

US banks hunting for collateral to back $20 billion Argentina bailout, WSJ reports

A group of U.S. banks, including JPMorgan Chase , Bank of America and Goldman Sachs , is hesitant to lend $20 billion to Argentina without guarantees or collateral, the Wall Street Journal reported on Monday.
www.reuters.com www.reuters.com

banks looking for collateral or guarantees in argentina bailout package, don't want to be left with a pile of worthless pesos in exchange for their $20b. imf also concerned their argentine debt obligations will be shelved in favor of the trump bailout
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Quelle surprise !
 
dirtywick said:
www.reuters.com

US banks hunting for collateral to back $20 billion Argentina bailout, WSJ reports

A group of U.S. banks, including JPMorgan Chase , Bank of America and Goldman Sachs , is hesitant to lend $20 billion to Argentina without guarantees or collateral, the Wall Street Journal reported on Monday.
www.reuters.com www.reuters.com

banks looking for collateral or guarantees in argentina bailout package, don't want to be left with a pile of worthless pesos in exchange for their $20b. imf also concerned their argentine debt obligations will be shelved in favor of the trump bailout
Click to expand...
LOL. Their collateral is do what Trump says or he'll executive order sanctions on those banks, and have the DOJ investigate them. Do they really think they can defy the king they helped put into power? Banks are no safer than fishing boats.
 
TragicMonkey said:
LOL. Their collateral is do what Trump says or he'll executive order sanctions on those banks, and have the DOJ investigate them. Do they really think they can defy the king they helped put into power? Banks are no safer than fishing boats.
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Less so - don't forget in Trump's mind they all have a vault like Scrooge McDuck, all that gold waiting to be snatched.
 
Darat said:
Less so - don't forget in Trump's mind they all have a vault like Scrooge McDuck, all that gold waiting to be snatched.
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That comment from him about the government 'finding $31 billion on a shelf' that they didn't know where it came from was very telling. Government finances don't work like that, if you 'find' money it'll be in a budget unspent or a tax ledger, it's not like there's a cash box somewhere that tax is being paid into in billions and then someone goes to it it to finance a new fighter jet or something. Of course you know who did until recently, as in the timescale Trump thinks he's still living in, deal in huge amounts of cash? Organised crime. Trump idolises the Wiseguys.
 
dellarte said:
Law of the instrument

The law of the instrument, law of the hammer, Maslow's hammer, or golden hammer is a cognitive bias that involves an over-reliance on a familiar tool. Abraham Maslow wrote in 1966, "it is tempting, if the only tool you have is a hammer, to treat everything as if it were a nail."

The concept is attributed both to Maslow and to Abraham Kaplan, although the hammer and nail line may not be original to either of them.

In 1868, a London periodical, Once a Week, contained this observation: "Give a boy a hammer and chisel; show him how to use them; at once he begins to hack the doorposts, to take off the corners of shutter and window frames, until you teach him a better use for them, and how to keep his activity within bounds."
Click to expand...
"Maslow's golden hammer" sounds like it could be the title of a particularly bad Beatles song.
 
P.J. Denyer said:
That comment from him about the government 'finding $31 billion on a shelf' that they didn't know where it came from was very telling. Government finances don't work like that, if you 'find' money it'll be in a budget unspent or a tax ledger, it's not like there's a cash box somewhere that tax is being paid into in billions and then someone goes to it it to finance a new fighter jet or something. Of course you know who did until recently, as in the timescale Trump thinks he's still living in, deal in huge amounts of cash? Organised crime. Trump idolises the Wiseguys.
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It immediately reminded me of a book where some Parisian kids planned to rob the local bank in order to liberate funds for a charitable cause, sure they were that the money was cleanly arranged in neat piles with the owner' name on top ("Rue Panse-Bougre" by Jacques Faizant)
 
Dammit. We stopped importing spaghetti sauce to México.

I had to hit 5 stores to find any at all.
Only domestic brands of catsup, mayo and hot sauces in most stores now.
 
Norman Alexander said:
What the heck are you going to do with all those tomatoes you aren't exporting to the USA now? Surely there must be something!
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Foolish human! Spaghetti sauce grows in trucks and presents as cylinders of metal with a paper label. The savory juice of this fruit is prized .

But prices on tomatoes did go down. Those are for salsa Rojo and slices for burgers.

I don't like cooking that much. More than ten minutes from storage to table, no thanks.
 
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