Great video. Steve keeps doing the good journalistic work.
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Wtf is that website? Why there are no ads at all, the article is well written without evident use of a LLM and it's extremely thorough in writing? Without even a pause "article continues in the next ad-ridden page". I didn't know that it was technically possible to make websites like that
It's amazing what you can accomplish when not being greedy.
I was going to wait until the 2030s to upgrade my 7700X to whatever is the fastest CPU once the AM5 platform is dead, but now I'm thinking that maybe I should just get a 9950X3D now and ride out this platform until the 2040s.
I just shelled out to upgrade my 9 year old PC. Upgraded from an rtx 1060 to 4060. My current i5 is like 9400F and now I am upgrading to a 13400f. I've been wanting to and holding off for a while, but if things are going to get more scarce and more expensive, might as well do it now while I have money to spend.
I'm still only a little over halfway through the documentary, but here are the main new things I've learned so far:
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Even if all the uncertainty and instability stops right now (which it won't, short of Trump being removed from office entirely), we are going to be absolutely fucked in 3-6 months not only with higher prices, but probably also outright shortages just because every business will have a big gap in their procurement pipeline due to the couple of weeks of uncertainty that already happened. And it's not just going to be computer components; it's going to be consumer goods of every kind.
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Everything about this seems almost designed to murder small businesses.
Everything about this seems almost designed to murder small businesses.
Those with enough capital backing, resources and funds can take the hit, maybe cut some expenses, shedding crocodile tears about how terrible the economic impact of this trade war has affected them while dispassionately watching scores of no-longer-employees pack their things and try to figure out how to tell their kids that the promised trip next month they'd been looking forward to all year is cancelled.
I do not envy anyone who is trying to upgrade an aging PC. Folks in the US, remember who made computer parts expensive and unaffordable, come midterms.
Kinda to glad I was able to move up my plans to build a new PC right when I heard we actually went through with the tariff plan.
So glad I built my 5800X3D/7900XTX system when I did. It's got plenty of horsepower for the next several years for my usage.
I upgraded my PC to 9800X3D before Christmas when all the idiots in the business press were acting like Trump was going to be good for them. I was like, Jesus Christ these people have the memory of goldfish. Trump’s first term was extremely volatile and he had the benefit of inheriting a strong and stable economy (for the rich). The economy hasn’t even fully recovered from the last time he ruined it and now they think he’s going to make it better… insanity.
I also snagged a 9070XT when they launched.
I’m glad I did so just before Trump got elected again. I’m also glad I got a GPU when I did, despite the ridiculous cost.
Somehow everything will become more expensive in Europe too
And somehow those prices won't really drop when the tarriffs are quietly removed.
I'm looking at you, energy prices.
Watch the Louis Rossman segment of the video, where he actually makes a pretty good point about why the price doesn't go back down: https://youtu.be/1W_mSOS1Qts?t=5774
Louis part alone needs to be extracted out as a separate one. Interesting.
Fascinating perspective, I hadn't considered the business confidence angle but the metaphor of the body storing more energy from a feast after starvation was great
Exactly. Uncertainty leads to higher prices, because businesses need to weather potential higher costs to them. Protectionism leads to higher prices, because it cuts out foreign competition, and competition is what leads to lower prices.
Louis Rossmann is 100% correct here IMO.
Bloody hell, this is a damn documentary.