Dare Obasanjo

The annoying thing about the tariffs is that they aren’t even well intentioned but misguided, it’s just stupidity.

A trade deficit means you buy more from a country than they buy from you which is normal. Buying more oil from Nigeria than they buy Teslas isn’t a “problem” requiring putting a high sales tax on imported Nigerian oil

Americans buy less Nigerian oil and the deficit reduces. Are you better off or worse off?

Zero sum thinking taken to a stupid extreme.

Apr 4, 2025 at 2:25pmWeb
Show threadfamousringoApr 4, 2025
@carnage4life my trade deficit with the grocery store is *very* concerning.
Show threadDocHollidayApr 4, 2025
@carnage4life as a friend said earlier today, don’t put down to stupidity that which is intended. It’s his revenge.
Show threadNick Silkey 📻 N5ILK 🪓🪵 🪣💧Apr 4, 2025
@carnage4life capital is zero sum in the eyes of these billis. hence the fracas. it will continue as long as there is capital to be extracted. ✌️💙