Trump 2.0 official thread

[horse]

Well, India‘s current account deficit in Oct-Dec 2024 was 11.5B. Without remittances of 35.1B and services export of 51.2B, the deficit would have been a LOT higher. If the new rules stays, India will be facing some difficult times ahead.

Yeah, agree, exactly, thanks for putting up the numbers on that.

Everybody, listen to what comrade vincent is saying, India, meaning its people some of them, need that money to survive.

I do feel conflicted here. For sure I want to see the Indians kicked out, they had abused the system solely for their own benefit for far too long. At the same time, given the realities of India, the decision on the H-1B visa will destroy lives. There is no doubt about that in my mind.

Imagine your future is erased, just like that. That is what happened here.

There is no employment in India. Not enough. Those people with a high paying job, gotten through Indian connections in America, they will never find another job like that ever again in their lives. Heck, they might not find a job in India, period.

That is why India exports its people, and Indians want out of India, because there is no opportunity there.

Been like that for half a century or more.

That extended Indian family needed that one family member with that one job in a rich country, that gave them hope. Who are we kidding? That was their ONLY HOPE!

All gone.

Do I feel sorry for them? To a point, but life goes on.

The irony here, to some of us on the forum, would be overwhelming.

The Indians liked Trump. The Indians actually liked Orange Man the American Superhero.

Orange Man destroyed lives. With a simple policy change. That is power.

 

[horse]

Real liberation day for the US!

That is the essence of humour.

A joke is only funny when there is an element of truth in it.

Dark days indeed.

 

[henrik]

The funny part with the effective H1B ban isn't really Indians, yes for Americans this is about India and it's Indian H1B pipeline that'll be most effected, but people forget H1B is for everyone and everyone who's actually skilled also uses H1B

Trump didn't just crack down on fake H1B, Trump killed the whole thing and didn't come up with a replacement. American workers might or might not be able to make up for fake Indian H1Bs, but America does not remotely have the ability to replace all the real skilled workers that's been cut off.

So while the discourse is about India, the real fun is in everyone else.

How about those skilled workers from Taiwan working for Taiwan Semiconductor in the US? Are they going to get work visas?

 

[9dashline]

That is the essence of humour.

A joke is only funny when there is an element of truth in it.

Dark days indeed.

Its okay, I can take care of her, fool support Saar!!!

 

[iewgnem]

How about those skilled workers from Taiwan working for Taiwan Semiconductor in the US? Are they going to get work visas?

I mean TSMC already got into fights with Arizona workers who think they can do a better job without education, so...

 

[plawolf]

The more I think about it, the more Hukou system makes sense. The west abolished these type of restriction and it is causing serious problems. These kind of old systems exists for a reason, and we abolished them for sake of liberty without a second thought. There should be some restrictions for migration to prevent chaos, primarily for high tier cities.

In many ways, the hukou system vs western ‘freedom of movement’ model parallels China’s development model vs the west’s.

The western model is literally a national version of the age old Get Rich Quick Ponzi scheme writ large.

Western nations, and certain cities within those western nations, attract the overwhelming majority of the world and nation’s resources and human talent, which in turn facilitates and accelerates the concentration of resources and power within the top ruling minority of those nations and cities, at the expense of everyone else. Those nations/cities become overdeveloped where return on investment plummets, but because of how overwhelmingly important those nations/cities have become to the general economic wellbeing of the whole world and host nations, there is no real choice but to squeeze the peripheral to feed the centre.

Basically those countries and cities become cancers to those nations and the world at large, where they will continue to relentlessly suck in as much resources as possible to stop from collapsing while starving the rest of the nation and world of much needed resources and talent and slowing down growth and accelerating the inevitable collapse. After the collapse, vast amount of wealth is destroyed and the pull of those countries/big cities dim for a generation and people leave to go back to the countryside to start over and build and wealth slowly start to be generated again but as wealth then again start to accumulate, the allure of the shinny lights brightens and you start all over again. Your classic western boom and bust cycles in a nutshell.

The Chinese model recognises the reality of the need to concentrate resources and talent in order achieve the prerequisite critical mass needed for industrialisation and economic development. But the hukou systems helps to ensure that that concentration is controlled and temporary. Yes, millions will end up resettling in the big cities, but hundreds of millions more will make their fortunes and then go home, to spread that wealth and seed development all over the country instead of just in a few big cities.

The Chinese model is a lot more transparent and sustainable, but appears harsh and unfair at the start, but is far more equitable and sustainable in reality in the long run.

The Chinese system is transparent in that it tells all the migrant workers that their move to the cities is temporary. There is no bait and switch of overpromises of a bright new start for all in the big shiny cities on the hill when there is clearly not enough room for all.

It is sustainable because rather than promote the endless and increasing concentration of resources and talent in the cities, the Chinese model actively promotes redistribution of resources and talent back to the countryside, so that those areas also get to develop rather than just forever remain as poor resource and people generation zones for the cities.

By being upfront about actively promoting migrant workers moving back home, it also ironically helps to save most of them from being sucked dry by the big cities. If they think they can stay forever, they will spend their hard earned wages on better accommodation, thereby creating real estate bubbles which will eventually lead to a boom and bust cycle where inevitably whole generations of migrant workers see all the wealth they worked so hard for evaporate in a boom cycle and they either get trapped for years or decades waiting for house prices to rise again so they don’t loose their investment, or are forced to take a massive haircut to sell and go home with a fraction of the wealth they earner. Yes, where there are losers there will also be winners, but in this game the winners will inevitably be the whales who have overwhelming advantages in scale, knowledge (connections) and power. It’s literally like gambling at a casino. There will be the odd exception where the little guy beats the odds. But for the overwhelming majority, the House will eat them alive.

Far better the short pain of a few years away from home and family living in poor conditions to earn a lifetime of comfortable living back home in the countryside than a few short years of the good times in the cities to then end up having to work dead end jobs until you die to continue to pay to live in the shadows of the city lights.

 

[Wrought]

By being upfront about actively promoting migrant workers moving back home, it also ironically helps to save most of them from being sucked dry by the big cities. If they think they can stay forever, they will spend their hard earned wages on better accommodation, thereby creating real estate bubbles which will eventually lead to a boom and bust cycle where inevitably whole generations of migrant workers see all the wealth they worked so hard for evaporate in a boom cycle and they either get trapped for years or decades waiting for house prices to rise again so they don’t loose their investment, or are forced to take a massive haircut to sell and go home with a fraction of the wealth they earner. Yes, where there are losers there will also be winners, but in this game the winners will inevitably be the whales who have overwhelming advantages in scale, knowledge (connections) and power. It’s literally like gambling at a casino. There will be the odd exception where the little guy beats the odds. But for the overwhelming majority, the House will eat them alive.

Real estate bubbles are a weird choice of counterexample, considering the obvious one in China which is causing all kinds of problems even in death. Neither Western nor Chinese systems are immune to such bubbles.

 

[FairAndUnbiased]

The Chinese model recognises the reality of the need to concentrate resources and talent in order achieve the prerequisite critical mass needed for industrialisation and economic development. But the hukou systems helps to ensure that that concentration is controlled and temporary. Yes, millions will end up resettling in the big cities, but hundreds of millions more will make their fortunes and then go home, to spread that wealth and seed development all over the country instead of just in a few big cities.

The hukou system doesn't actually lock people outside of most cities except Beijing and Shanghai. But there is indeed significant reflow to the rural areas by retirees. My uncles and aunts who retired would rather live in their hometown than in the city with their kids (who mostly did move their hukou to the city they attended university in or got a job in). It's way cheaper on fixed income, there's water/electricity/internet so it's not any more cut off from the rest of the world, kids are a short taxi/bus/drive + HSR ride away and everyone knows everyone else since alot of other retirees have the same idea.

 

[plawolf]

Real estate bubbles are a weird choice of counterexample, considering the obvious one in China which is causing all kinds of problems even in death. Neither Western nor Chinese systems are immune to such bubbles.

No system is perfect, and if there are real estate bubbles despite all of the careful government interventions to prevent and mitigate their impact, imagine how bad it would have been had it been a western style free for all.

 

[Ringsword]

Yeah, agree, exactly, thanks for putting up the numbers on that.

Everybody, listen to what comrade vincent is saying, India, meaning its people some of them, need that money to survive.

I do feel conflicted here. For sure I want to see the Indians kicked out, they had abused the system solely for their own benefit for far too long. At the same time, given the realities of India, the decision on the H-1B visa will destroy lives. There is no doubt about that in my mind.

Imagine your future is erased, just like that. That is what happened here.

There is no employment in India. Not enough. Those people with a high paying job, gotten through Indian connections in America, they will never find another job like that ever again in their lives. Heck, they might not find a job in India, period.

That is why India exports its people, and Indians want out of India, because there is no opportunity there.

Been like that for half a century or more.

That extended Indian family needed that one family member with that one job in a rich country, that gave them hope. Who are we kidding? That was their ONLY HOPE!

All gone.

Do I feel sorry for them? To a point, but life goes on.

The irony here, to some of us on the forum, would be overwhelming.

The Indians liked Trump. The Indians actually liked Orange Man the American Superhero.

Orange Man destroyed lives. With a simple policy change. That is power.

Sorry very little sympathy or none at all here-indians were fervently hoping to ally themselves with USA to destroy China,its economy its people,take its land and can you imagine how the hordes of jai hinds would treat us if they ever won?india being a shithole is entirely their own fault-ingrained casteism,cronyism,racism,nepotism and unbelievable corruption and social rot-they did it to themselves