Atrioc

And you're doing it briefly because it's only as long as people will stomach these tariffs, which means it's very risky for someone to make that investment choice because they know it's so... People don't like paying more for shit. It's a hidden tax. So usually they'll get... I mean, like the Smoot-Hawley tariffs, which is the last tariffs we had in America. They were so deeply unpopular.

And you're doing it briefly because it's only as long as people will stomach these tariffs, which means it's very risky for someone to make that investment choice because they know it's so... People don't like paying more for shit. It's a hidden tax. So usually they'll get... I mean, like the Smoot-Hawley tariffs, which is the last tariffs we had in America. They were so deeply unpopular.

They extended the Great Depression. They made everything more expensive. They got rolled back.

They extended the Great Depression. They made everything more expensive. They got rolled back.

They extended the Great Depression. They made everything more expensive. They got rolled back.

They're called the Smoot-Hawley Tariff. It's a tariff act. And it was in the 1934. And at the beginning of the Great Depression, they were like, all right, we're going to solve this problem that, you know, everything's getting bad. We're going to do a bunch of tariffs and it's going to protect all our industry and keep our jobs. It did the opposite effect. It extended it. It made it worse.

They're called the Smoot-Hawley Tariff. It's a tariff act. And it was in the 1934. And at the beginning of the Great Depression, they were like, all right, we're going to solve this problem that, you know, everything's getting bad. We're going to do a bunch of tariffs and it's going to protect all our industry and keep our jobs. It did the opposite effect. It extended it. It made it worse.

They're called the Smoot-Hawley Tariff. It's a tariff act. And it was in the 1934. And at the beginning of the Great Depression, they were like, all right, we're going to solve this problem that, you know, everything's getting bad. We're going to do a bunch of tariffs and it's going to protect all our industry and keep our jobs. It did the opposite effect. It extended it. It made it worse.

People couldn't afford anything. The people started laying people off. The Depression got worse and extended. So after about three, four years, they abandoned the tariff act. It got scrapped. And that's when we actually began this whole resurgence boom into World War II. Part of that is government spending on World War II.

People couldn't afford anything. The people started laying people off. The Depression got worse and extended. So after about three, four years, they abandoned the tariff act. It got scrapped. And that's when we actually began this whole resurgence boom into World War II. Part of that is government spending on World War II.

People couldn't afford anything. The people started laying people off. The Depression got worse and extended. So after about three, four years, they abandoned the tariff act. It got scrapped. And that's when we actually began this whole resurgence boom into World War II. Part of that is government spending on World War II.

So the idea that the only way we can be competitive is if we block our competition is, to me, scary. It says that we have given up the fact that we could even be competitive. And what happened instead... Now, this is a problem for hollowing out the middle class. We have to figure this out. But it's not like America stopped making everything. It's that we moved up the value chain.

So the idea that the only way we can be competitive is if we block our competition is, to me, scary. It says that we have given up the fact that we could even be competitive. And what happened instead... Now, this is a problem for hollowing out the middle class. We have to figure this out. But it's not like America stopped making everything. It's that we moved up the value chain.

So the idea that the only way we can be competitive is if we block our competition is, to me, scary. It says that we have given up the fact that we could even be competitive. And what happened instead... Now, this is a problem for hollowing out the middle class. We have to figure this out. But it's not like America stopped making everything. It's that we moved up the value chain.

We started making... High-tech stuff. We made Boeing planes. We made high engineering stuff. We stopped making toasters. We stopped making t-shirts. We stopped making... Those things got exported to different countries. Because I don't think one country can make everything in the world. I think you want to be at the high end of the value chain. You want to make the best and highest in stuff.

We started making... High-tech stuff. We made Boeing planes. We made high engineering stuff. We stopped making toasters. We stopped making t-shirts. We stopped making... Those things got exported to different countries. Because I don't think one country can make everything in the world. I think you want to be at the high end of the value chain. You want to make the best and highest in stuff.

We started making... High-tech stuff. We made Boeing planes. We made high engineering stuff. We stopped making toasters. We stopped making t-shirts. We stopped making... Those things got exported to different countries. Because I don't think one country can make everything in the world. I think you want to be at the high end of the value chain. You want to make the best and highest in stuff.

And generally, the most profitable countries in the world. Like, I'm thinking of like... Why do I always, what is Holland? What is Dutch? Netherlands. Yeah. The Netherlands, you know, they have ASML. They make the most high-end lithography machines. It's a big part of their economy. They're not making t-shirts and toasters there. They have a growing economy. They make the highest end stuff.

And generally, the most profitable countries in the world. Like, I'm thinking of like... Why do I always, what is Holland? What is Dutch? Netherlands. Yeah. The Netherlands, you know, they have ASML. They make the most high-end lithography machines. It's a big part of their economy. They're not making t-shirts and toasters there. They have a growing economy. They make the highest end stuff.

And generally, the most profitable countries in the world. Like, I'm thinking of like... Why do I always, what is Holland? What is Dutch? Netherlands. Yeah. The Netherlands, you know, they have ASML. They make the most high-end lithography machines. It's a big part of their economy. They're not making t-shirts and toasters there. They have a growing economy. They make the highest end stuff.