Author Topic: Why can't Americans do consumption strikes?  (Read 5442 times)

RetiredAt63

  • CMTO 2023 Attendees
  • Senior Mustachian
  • *
  • Posts: 21154
  • Location: Eastern Ontario, Canada
Re: Why can't Americans do consumption strikes?
« Reply #50 on: February 25, 2025, 02:15:01 PM »
^^^  Maybe because we are all going to Rona or Beaver Lumber and Canadian Tire and Home Hardware (or local equivalents)?    ;-)

I hear that the bloodshed at the grocery store is even more significant.  Our family has certainly dropped 90+% of the stuff we get from the US out of our cart since the tariffs.

The small grocery stores I have been to recently have all started having the maple leaf on the shelves.  And I am not the only one asking  (nicely, politely) a cashier to ask the produce manager to label origin on loose produce that just has the product of USA/Mexico label.

I've seen a lot of Heinz Ketchup ads lately extolling their Canadian-ness - I guess they are hurting too.

I'm gluten free and found gluten-free crackers a few years ago  Sadly, they are not only made in the US, they are made in a red state.  No more crackers.  I might have kept buying them if they were from, say, California.   :-(

For Canadians, I live in an area now with Canco gas stations (they are new to me) - they are Canadian owned.  Guess where I am buying my gas a lot now?  And the price is very competitive.
« Last Edit: February 25, 2025, 02:16:39 PM by RetiredAt63 »

twinstudy

  • Pencil Stache
  • ****
  • Posts: 611
Re: Why can't Americans do consumption strikes?
« Reply #51 on: February 26, 2025, 08:54:01 PM »
Online communities would make you think that everyone is on board with a consumption strike, but in all actuality, the average person could care less and will go swipe that credit card whenever they need or want something.

I know plenty of people who have no budget and simply just go spend money when they want something.

You can't even convince people on a society-wide scale to avoid expensive habits that have zero upside (cigarettes, slot machines). How you are going to convince people to avoid consuming things which have some upside is beyond me. Will never work.

The other thing, as others have said, is that consumption is generally seen as a good thing - it props up the economy. Same reason why people think low interest rates are a good thing - since they mean less pain for borrowers and (usually) lower unemployment. Of course, I see low interest rates as bad, since I much prefer strict economic settings which separate the prudent from the imprudent, the strongly placed from the parlous. To me a recession is not a bad thing if the alternative is an economy propped up by useless spending. But I am an outlier in this regard.
« Last Edit: February 26, 2025, 08:56:31 PM by twinstudy »

Fru-Gal

  • Handlebar Stache
  • *****
  • Posts: 2331
Re: Why can't Americans do consumption strikes?
« Reply #52 on: February 26, 2025, 09:32:56 PM »
Online communities would make you think that everyone is on board with a consumption strike, but in all actuality, the average person could care less and will go swipe that credit card whenever they need or want something.

I know plenty of people who have no budget and simply just go spend money when they want something.

You can't even convince people on a society-wide scale to avoid expensive habits that have zero upside (cigarettes, slot machines). How you are going to convince people to avoid consuming things which have some upside is beyond me. Will never work.

The other thing, as others have said, is that consumption is generally seen as a good thing - it props up the economy. Same reason why people think low interest rates are a good thing - since they mean less pain for borrowers and (usually) lower unemployment. Of course, I see low interest rates as bad, since I much prefer strict economic settings which separate the prudent from the imprudent, the strongly placed from the parlous. To me a recession is not a bad thing if the alternative is an economy propped up by useless spending. But I am an outlier in this regard.

You absolutely can change behavior. It's field of science called behavioral change. It's one reason smoking isn't popular anymore, at least not in most of the US.

These techniques have been applied to suicide prevention as well. Basically you start with a study of the behavior in question and try to learn the levers that affect it. In the case of suicide, there were two important discoveries: 1, suicide is contagious, and 2, suicidal people often won't seek help. That's why the first step is for those around them to notice warning signs, ask and listen. Once you have a framework for prevention, you use marketing, tested for effectiveness, to spread the word.

https://www.nimh.nih.gov/health/publications/5-action-steps-to-help-someone-having-thoughts-of-suicide

https://commonfund.nih.gov/science-behavior-change-sobc

Note that different populations will have different levers that affect them. One group might be culturally very family-oriented and the idea of getting cancer from smoking causing their family to lose a breadwinner turns out to be the most effective message. Etc.

It's also useful in pedestrian-first infrastructure where instead of hoping mixed traffic of speeding cars, bikes and people will respect each other, you engineer the roadways and pathways so the optimal choices are automatic.

Finally, public messaging had a massive effect on behavior during WWII. Things like recycling, being alert for anti-American propaganda, growing gardens, etc.

pachnik

  • Handlebar Stache
  • *****
  • Posts: 1905
  • Age: 61
  • Location: Vancouver, BC
Re: Why can't Americans do consumption strikes?
« Reply #53 on: February 26, 2025, 09:39:11 PM »
^^^  Maybe because we are all going to Rona or Beaver Lumber and Canadian Tire and Home Hardware (or local equivalents)?    ;-)

I hear that the bloodshed at the grocery store is even more significant.  Our family has certainly dropped 90+% of the stuff we get from the US out of our cart since the tariffs.

The small grocery stores I have been to recently have all started having the maple leaf on the shelves.  And I am not the only one asking  (nicely, politely) a cashier to ask the produce manager to label origin on loose produce that just has the product of USA/Mexico label.

I've seen a lot of Heinz Ketchup ads lately extolling their Canadian-ness - I guess they are hurting too.

I'm gluten free and found gluten-free crackers a few years ago  Sadly, they are not only made in the US, they are made in a red state.  No more crackers.  I might have kept buying them if they were from, say, California.   :-(

For Canadians, I live in an area now with Canco gas stations (they are new to me) - they are Canadian owned.  Guess where I am buying my gas a lot now?  And the price is very competitive.

I am Canadian too.  I was really excited when I found out that the gas station closes to me is a B.C. Company.  My husband and I don’t drive much but we won’t be going to Esso or Shell anymore.  We will go to Super-save Gas now and support a BC company.

RetiredAt63

  • CMTO 2023 Attendees
  • Senior Mustachian
  • *
  • Posts: 21154
  • Location: Eastern Ontario, Canada
Re: Why can't Americans do consumption strikes?
« Reply #54 on: February 27, 2025, 06:13:15 AM »
Fru-gal mentioned levers. Apparently Trump found 2 great levers to affect Canadian behaviour.  Give stupid reasons for punitive tariffs and repeatedly "joke" about making Canada the 51st state.

It's already affected consumer spending,  and brought PP way down in the polls.  And the Ontario election is today.

partgypsy

  • Walrus Stache
  • *******
  • Posts: 5799
Re: Why can't Americans do consumption strikes?
« Reply #55 on: February 27, 2025, 06:57:51 AM »
I think these things can help and I am going to do no buy day tomorrow. But it really has to do with long term changes or shifts.

reeshau

  • Magnum Stache
  • ******
  • Posts: 3943
  • Location: Houston, TX Former locations: Detroit, Indianapolis, Dublin
  • FIRE'd Jan 2020
Re: Why can't Americans do consumption strikes?
« Reply #56 on: February 27, 2025, 06:58:32 AM »
Fru-gal mentioned levers. Apparently Trump found 2 great levers to affect Canadian behaviour.  Give stupid reasons for punitive tariffs and repeatedly "joke" about making Canada the 51st state.

It's already affected consumer spending,  and brought PP way down in the polls.  And the Ontario election is today.

I kinda hope this is the general aftermath of Trump's whole presidency; boundaries pushed, norms violated, and offenses committed that cause people to stop and think: "this is where the slippery slope goes?"  Then we can all get a little more civil again, and put some heavy-duty guardrails in place.

I don't envy the next President.  There is going to be a lot of cleanup to do, and it won't be glamorous work.  If it's just the Democrat version of Trump, I won't enjoy that any more than I enjoy this one.

GuitarStv

  • Senior Mustachian
  • ********
  • Posts: 25638
  • Age: 44
  • Location: Toronto, Ontario, Canada
Re: Why can't Americans do consumption strikes?
« Reply #57 on: February 27, 2025, 07:47:58 AM »
Fru-gal mentioned levers. Apparently Trump found 2 great levers to affect Canadian behaviour.  Give stupid reasons for punitive tariffs and repeatedly "joke" about making Canada the 51st state.

It's already affected consumer spending,  and brought PP way down in the polls.  And the Ontario election is today.

I kinda hope this is the general aftermath of Trump's whole presidency; boundaries pushed, norms violated, and offenses committed that cause people to stop and think: "this is where the slippery slope goes?"  Then we can all get a little more civil again, and put some heavy-duty guardrails in place.

I don't envy the next President.  There is going to be a lot of cleanup to do, and it won't be glamorous work.  If it's just the Democrat version of Trump, I won't enjoy that any more than I enjoy this one.

I can't think of a previous US candidate similar to Trump, let alone one who was fronted by the Democratic party.

LifeHappens

  • Senior Mustachian
  • ********
  • Posts: 10006
  • Location: Tampa-ish
Re: Why can't Americans do consumption strikes?
« Reply #58 on: February 27, 2025, 07:58:18 AM »
Fru-gal mentioned levers. Apparently Trump found 2 great levers to affect Canadian behaviour.  Give stupid reasons for punitive tariffs and repeatedly "joke" about making Canada the 51st state.

It's already affected consumer spending,  and brought PP way down in the polls.  And the Ontario election is today.
May Canada choose wisely.

GuitarStv

  • Senior Mustachian
  • ********
  • Posts: 25638
  • Age: 44
  • Location: Toronto, Ontario, Canada
Re: Why can't Americans do consumption strikes?
« Reply #59 on: February 27, 2025, 07:58:59 AM »
Fru-gal mentioned levers. Apparently Trump found 2 great levers to affect Canadian behaviour.  Give stupid reasons for punitive tariffs and repeatedly "joke" about making Canada the 51st state.

It's already affected consumer spending,  and brought PP way down in the polls.  And the Ontario election is today.
May Canada choose wisely.

Don't worry, all the early polls indicate that we here in Ontario will absolutely make the wrong choice.

RetiredAt63

  • CMTO 2023 Attendees
  • Senior Mustachian
  • *
  • Posts: 21154
  • Location: Eastern Ontario, Canada
Re: Why can't Americans do consumption strikes?
« Reply #60 on: February 27, 2025, 08:46:48 AM »
Fru-gal mentioned levers. Apparently Trump found 2 great levers to affect Canadian behaviour.  Give stupid reasons for punitive tariffs and repeatedly "joke" about making Canada the 51st state.

It's already affected consumer spending,  and brought PP way down in the polls.  And the Ontario election is today.
May Canada choose wisely.

Don't worry, all the early polls indicate that we here in Ontario will absolutely make the wrong choice.

Well, watching us will show that it's not just US voters who can be blind.

GuitarStv

  • Senior Mustachian
  • ********
  • Posts: 25638
  • Age: 44
  • Location: Toronto, Ontario, Canada
Re: Why can't Americans do consumption strikes?
« Reply #61 on: February 27, 2025, 08:52:08 AM »
Fru-gal mentioned levers. Apparently Trump found 2 great levers to affect Canadian behaviour.  Give stupid reasons for punitive tariffs and repeatedly "joke" about making Canada the 51st state.

It's already affected consumer spending,  and brought PP way down in the polls.  And the Ontario election is today.
May Canada choose wisely.

Don't worry, all the early polls indicate that we here in Ontario will absolutely make the wrong choice.

Well, watching us will show that it's not just US voters who can be blind.

I come from the city that elected a crack addicted dumb-ass to be mayor, and then let him run roughshod on cocaine binges all over our planned transit system until he OD'd.  Now we're going to elect his brother (former drug dealer himself) to yet another term as provincial leader.  :/

reeshau

  • Magnum Stache
  • ******
  • Posts: 3943
  • Location: Houston, TX Former locations: Detroit, Indianapolis, Dublin
  • FIRE'd Jan 2020
Re: Why can't Americans do consumption strikes?
« Reply #62 on: February 27, 2025, 09:07:54 AM »
Fru-gal mentioned levers. Apparently Trump found 2 great levers to affect Canadian behaviour.  Give stupid reasons for punitive tariffs and repeatedly "joke" about making Canada the 51st state.

It's already affected consumer spending,  and brought PP way down in the polls.  And the Ontario election is today.

I kinda hope this is the general aftermath of Trump's whole presidency; boundaries pushed, norms violated, and offenses committed that cause people to stop and think: "this is where the slippery slope goes?"  Then we can all get a little more civil again, and put some heavy-duty guardrails in place.

I don't envy the next President.  There is going to be a lot of cleanup to do, and it won't be glamorous work.  If it's just the Democrat version of Trump, I won't enjoy that any more than I enjoy this one.

I can't think of a previous US candidate similar to Trump, let alone one who was fronted by the Democratic party.

Right.  And, had the Republican party had a candidate like him, before?  First time for everything.

I might say Ross Perot was similar.  He was a billionaire, was nutty, and railed against the "giant sucking sound."  Sounds a lot like America First.  He just tried to remain an outsider, instead of being an outsider, while taking control of one of the parties.

GuitarStv

  • Senior Mustachian
  • ********
  • Posts: 25638
  • Age: 44
  • Location: Toronto, Ontario, Canada
Re: Why can't Americans do consumption strikes?
« Reply #63 on: February 27, 2025, 09:40:47 AM »
Fru-gal mentioned levers. Apparently Trump found 2 great levers to affect Canadian behaviour.  Give stupid reasons for punitive tariffs and repeatedly "joke" about making Canada the 51st state.

It's already affected consumer spending,  and brought PP way down in the polls.  And the Ontario election is today.

I kinda hope this is the general aftermath of Trump's whole presidency; boundaries pushed, norms violated, and offenses committed that cause people to stop and think: "this is where the slippery slope goes?"  Then we can all get a little more civil again, and put some heavy-duty guardrails in place.

I don't envy the next President.  There is going to be a lot of cleanup to do, and it won't be glamorous work.  If it's just the Democrat version of Trump, I won't enjoy that any more than I enjoy this one.

I can't think of a previous US candidate similar to Trump, let alone one who was fronted by the Democratic party.

Right.  And, had the Republican party had a candidate like him, before?  First time for everything.

I might say Ross Perot was similar.  He was a billionaire, was nutty, and railed against the "giant sucking sound."  Sounds a lot like America First.  He just tried to remain an outsider, instead of being an outsider, while taking control of one of the parties.

Nixon illegally abused the position of the president similarly to the way that Trump does.  He played by the rules far more than Trump though.

Hoover might be the closest I can think of.  He presided over mass deportations of American born Mexicans, started trade wars with Tariffs, loved the idea of privatizing things, thought that the US government should not help citizens as it would prevent them from being self-reliant, and was very concerned about deficit spending.  Although he built his own wealth and appeared to actually want to help Americans, which makes him very different to Trump.

moustachebar

  • Stubble
  • **
  • Posts: 166
Re: Why can't Americans do consumption strikes?
« Reply #64 on: February 27, 2025, 10:03:33 AM »
I did hear this reported on the radio the other day. I couldn't quite believe "about a third (of US shoppers) said they have no interest in supporting the economy this year and are looking for ways to opt out." "The idea of opting out of the economy entirely, though? That feels new, at least to Harris Poll CEO John Gerzema." (not all agree)

https://www.marketplace.org/2025/02/19/peoples-politics-are-changing-the-way-they-shop-and-where/

It's how I feel (even more than usual though that's cultural/ mustachian not political). I didn't expect so much company. Should be some kind of slowdown if people follow through on their intentions.

41_swish

  • Pencil Stache
  • ****
  • Posts: 941
  • Age: 26
  • Location: Colorado
Re: Why can't Americans do consumption strikes?
« Reply #65 on: February 27, 2025, 10:26:01 AM »
Was Nixon really that bad? I legit just don't know. That was 25 years before I was born. I remember in history class he seemed to play with the rules bad. I think when he ran for his second term he had to pick a new VP would pardon him for literally anything. That does seem corrupt.

Fru-Gal

  • Handlebar Stache
  • *****
  • Posts: 2331
Re: Why can't Americans do consumption strikes?
« Reply #66 on: February 27, 2025, 10:34:39 AM »
Possibly the most destructive thing that Nixon did was start the war on drugs in 1971.

LifeHappens

  • Senior Mustachian
  • ********
  • Posts: 10006
  • Location: Tampa-ish
Re: Why can't Americans do consumption strikes?
« Reply #67 on: February 27, 2025, 10:48:25 AM »
Was Nixon really that bad? I legit just don't know. That was 25 years before I was born. I remember in history class he seemed to play with the rules bad. I think when he ran for his second term he had to pick a new VP would pardon him for literally anything. That does seem corrupt.
Nixon is the originator of "if the President does it, it's not illegal."

Yes, he really was that bad. Fortunately for the nation there was a House and Senate willing to impeach and convict him for his crimes. We do not currently have that.

reeshau

  • Magnum Stache
  • ******
  • Posts: 3943
  • Location: Houston, TX Former locations: Detroit, Indianapolis, Dublin
  • FIRE'd Jan 2020
Re: Why can't Americans do consumption strikes?
« Reply #68 on: February 27, 2025, 11:30:49 AM »
Was Nixon really that bad? I legit just don't know. That was 25 years before I was born. I remember in history class he seemed to play with the rules bad. I think when he ran for his second term he had to pick a new VP would pardon him for literally anything. That does seem corrupt.
Nixon is the originator of "if the President does it, it's not illegal."

Yes, he really was that bad. Fortunately for the nation there was a House and Senate willing to impeach and convict him for his crimes. We do not currently have that.

He also obsessively recorded everything, which provided evidence of his schemes.

Cranky

  • Magnum Stache
  • ******
  • Posts: 3964
Re: Why can't Americans do consumption strikes?
« Reply #69 on: February 27, 2025, 01:37:30 PM »
Was Nixon really that bad? I legit just don't know. That was 25 years before I was born. I remember in history class he seemed to play with the rules bad. I think when he ran for his second term he had to pick a new VP would pardon him for literally anything. That does seem corrupt.

Nixon was a lying liar. He lied about Vietnam. He lied about Watergate. The difference is that he was actually embarrassed when he was caught.

Cranky

  • Magnum Stache
  • ******
  • Posts: 3964
Re: Why can't Americans do consumption strikes?
« Reply #70 on: February 27, 2025, 01:40:42 PM »
I think that one day is at least a start. We’ll see. I am moving my spending ever more to local places. It’s difficult to completely disentangle my household from Amazon, but we’re working on it.

I think it’s going to take some major economic problems to shift things this time, and I’m sorry for all the people who will be hurt, but I think it’s coming for us.

mtnrider

  • Pencil Stache
  • ****
  • Posts: 770
  • Location: Frozen tundra in the Northeast
Re: Why can't Americans do consumption strikes?
« Reply #71 on: February 27, 2025, 04:49:06 PM »
I've had friends mention the 28th too.  I'm going to participate.  It gives common cause.  I didn't follow how, but somehow a boycott eventually worked against Bud Light just last year. 

Beyond that I'm not patronizing local businesses that are flying MAGA flags.  Even those farm stands that still have eggs.

nessness

  • Handlebar Stache
  • *****
  • Posts: 1089
Re: Why can't Americans do consumption strikes?
« Reply #72 on: February 27, 2025, 09:49:32 PM »
Possibly the most destructive thing that Nixon did was start the war on drugs in 1971.
He also scuttled Vietnam peace talks while he was a candidate, because he knew that it would help his candidacy for the war to drag on. It worked, but at the cost of many many more lives lost.

41_swish

  • Pencil Stache
  • ****
  • Posts: 941
  • Age: 26
  • Location: Colorado
Re: Why can't Americans do consumption strikes?
« Reply #73 on: February 27, 2025, 11:44:46 PM »
Everyone I know at work has not said one singular word about a blackout tomorrow. I bet I see plenty of people come to work with Starbucks and go out for lunch.

MustacheAndaHalf

  • Walrus Stache
  • *******
  • Posts: 7706
  • Location: U.S. expat
Re: Why can't Americans do consumption strikes?
« Reply #74 on: February 28, 2025, 04:06:49 AM »
Possibly the most destructive thing that Nixon did was start the war on drugs in 1971.
Second place might go to creating HMOs, which have lasted 50+ years while other countries opt for universal health care.

merula

  • Handlebar Stache
  • *****
  • Posts: 1736
Re: Why can't Americans do consumption strikes?
« Reply #75 on: February 28, 2025, 08:35:49 AM »
I'm not buying anything today (28th). I'll also not buy anything on whatever future buy-nothing days are planned.

A lot of the people who are saying this isn't going to work are assuming logical consumer behavior. If you were going to buy something, it was because you need it, and you're still going to need it tomorrow, so you're going to just shift your purchase from Friday to Saturday or whenever you get around it.

The first lesson of consumer behavior is that consumers are not logical. They are predictable and understandable, but not logical. Basically all of the consumer-focused classes in my marketing major included the professor ranting at some point about the economic rationality assumption.

There are two ways that buy-nothing days work: by removing some portion of total economic activity, and from participants identifying as part of an in-group that will lead to other behavioral changes.

There are plenty of purchases which, if not made today, won't be made up in the future: meals, impulse purchases, point-in-time events, etc., and then there's also the add-on economic activity. If you don't go out to dinner and a concert tonight, you're not going twice tomorrow, and you're also not using that gas and parking or paying for that transit ticket.

Have you ever wondered why stores will set up free memberships that give you perks? How is it possibly worth it to write my name down on a membership card and give me 5% off, when you could just get my name off my credit card? It's because a sense of belonging changes human behavior. People who participate today (in either signing up for a membership or joining a buy-nothing day) are more likely to take future action consistent with that belonging (continuing to shop at that store, taking other protest actions).

There are people at Amazon, Target, Starbucks, etc., watching today and this week closely. They will measure today against the past sales for this date, adjusted for other trends and marketing investments. They will know how many sales were shifted to tomorrow (represented by an increase in tomorrow's sales compared to the past), and therefore know how much of that was truly lost economic activity. They will also measure sales totals and visits for specific demographics, and project that out over the total sales for those demographics. If there's a drop in sales today to suburban women age 35-49 that's balanced out by increased sales to rural men age 18-25, they're also going to take what they know of the spending habits of both demographics to consider whether that's a shift in customer focus that will be beneficial in the long run. (If it's that specifically, probably not, middle-aged women are a sought-after demographic because they tend to control household spending.)

41_swish

  • Pencil Stache
  • ****
  • Posts: 941
  • Age: 26
  • Location: Colorado
Re: Why can't Americans do consumption strikes?
« Reply #76 on: February 28, 2025, 10:58:34 AM »
I am participating in the strike today, but is it really that hard for people to not swipe the credit card for one day? Do people really spend every single day? I usually keep my spending to the weekends and maybe a mid-week grocery run, if needed.

RetiredAt63

  • CMTO 2023 Attendees
  • Senior Mustachian
  • *
  • Posts: 21154
  • Location: Eastern Ontario, Canada
Re: Why can't Americans do consumption strikes?
« Reply #77 on: February 28, 2025, 12:45:30 PM »
I am participating in the strike today, but is it really that hard for people to not swipe the credit card for one day? Do people really spend every single day? I usually keep my spending to the weekends and maybe a mid-week grocery run, if needed.

If someone is working not-from-home, if they stop at a coffee shop every day on the way to work they do at least buy that coffee/tea every day.  If they don't/can't bring lunch to work they are buying lunch every day.  They may find that there is a gas station that has the best price on a particular day - if that day is Friday they are going to take a hit by buying on another day.  If Friday is the best day to do the grocery shopping, that is going to be difficult to reschedule.

Not all of us have enough autonomy on our schedules to be able to do a full non-buy day.  Whatever they can manage to do is a win.

Plus after talking with my DD about BABA (Buy Anything But American) here in Canada, anyone with a little kid may have a more difficult time doing this, because little kids can be super fussy about changes to their routine.


Cassie

  • Walrus Stache
  • *******
  • Posts: 8042
Re: Why can't Americans do consumption strikes?
« Reply #78 on: March 02, 2025, 11:12:06 AM »
Most of the people I know have dropped their prime memberships and are not going to buy from Amazon and other retailers that support this regime. Costco and Winco are the only places we will grocery shop. I prepared in advance with replacing anything I needed before 1/20. If enough people do this we can hurt companies. Tesla sales and stock are horrible.

Tasse

  • Magnum Stache
  • ******
  • Posts: 4124
  • Age: 31
Re: Why can't Americans do consumption strikes?
« Reply #79 on: March 02, 2025, 01:21:17 PM »
I mean, I own lots of Tesla stock via index funds. I don't love that, but I don't see a great way around it. Do you?

Morning Glory

  • Walrus Stache
  • *******
  • Posts: 5378
  • Location: The Garden Path
Re: Why can't Americans do consumption strikes?
« Reply #80 on: March 02, 2025, 04:03:28 PM »
I mean, I own lots of Tesla stock via index funds. I don't love that, but I don't see a great way around it. Do you?

Me too. I don't even know if any socially conscious funds have gotten around to dropping Tesla yet.  I certainly won't be buying any of their cars though,  not even a used one.

Poundwise

  • Handlebar Stache
  • *****
  • Posts: 2329
Re: Why can't Americans do consumption strikes?
« Reply #81 on: March 02, 2025, 04:22:45 PM »
I have recently sold some of my VTI funds in favor of VEU.

YttriumNitrate

  • Handlebar Stache
  • *****
  • Posts: 1945
  • Location: Northwest Indiana
Re: Why can't Americans do consumption strikes?
« Reply #82 on: March 02, 2025, 05:17:25 PM »
I did my part to counter the strike by buying some stuff on Amazon on the 28th.

However, it's been a long time since I've bought anything off Amazon, and once again I'm shocked as to how this company managed to became an e-commerce giant. First, their prices aren't that good. Their interface seriously sucks. You'd think getting a website to list gas caps for a Subaru Forester from low to high price would be easy, but somehow Amazon manages to fuck up this seemingly simple task. Then there's the 35 different "no I don't want to sign up for Amazon Prime" links you have to click through to actually buy through on Amazon. Finally, in about 5 days the items I ordered will arrive. That's about 2 or 3 days more than Walmart.com or some other only online retailer.

41_swish

  • Pencil Stache
  • ****
  • Posts: 941
  • Age: 26
  • Location: Colorado
Re: Why can't Americans do consumption strikes?
« Reply #83 on: March 02, 2025, 05:42:09 PM »
I have recently sold some of my VTI funds in favor of VEU.
What is the difference between VEU and VXUS?

Poundwise

  • Handlebar Stache
  • *****
  • Posts: 2329
Re: Why can't Americans do consumption strikes?
« Reply #84 on: March 02, 2025, 07:10:09 PM »
I have recently sold some of my VTI funds in favor of VEU.
What is the difference between VEU and VXUS?
Very little difference. VEU excludes small caps. By a slim margin, VEU might be thought to be more stable, VXUS might have a higher return. https://thefrugalexpat.com/veu-vs-vxus/

41_swish

  • Pencil Stache
  • ****
  • Posts: 941
  • Age: 26
  • Location: Colorado
Re: Why can't Americans do consumption strikes?
« Reply #85 on: March 02, 2025, 08:31:49 PM »
So, does something like VXUS overweigh the value of small cap international?