kcolford
Joined 9 years ago
Joined 9 years ago
prices are up so people are buying less, it's just that simple; only a handful of companies have reported their Q4 christmas earnings but retailers' are already forecasted to be way below previous years'
it also assumes that there are no other alternative markets to sell to or that supplier capacity is equally elastic; the US might be a high margin market to sell to, but if you only have a fixed amount of product to sell then it makes no sense to eat the high cost of a tariff to keep selling a low margin product when you can instead sell your product at a medium margin in europe
building out more supply for a product is often capital intensive if you want to make it at an economically efficient price point in these times; efficiencies of scale are hard to overcome and a rapid shift of economic policies makes anyone uncertain about future investment so it takes a very long time for these supply chains to rebalance, if they ever do
Aircraft lift is caused by the upward angle of the wings forcing air downwards as the jets move the plane horizontally forwards. This "angle of attack" is usually very small so it's hard to perceive with the naked eye when looking at a commercial aircraft.
(And it has nothing to do with the word practice getting a connotation of imperfect performance long after that phrase came into existence. :D )