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Comments
For the same reason as last time: Microprocessors in the quantities needed by the US are not made in the US. It’s a problem which may eventually be solved, but not for some time.
I think so too. It just doesn't work like this.
Exactly.
He has another contender in France Napoleon Fallapart.
guys, general rules on current US situation is stay calm and do not stress based on Orangehead decisions.
Also watch 30years US Bonds chart (US30Y ticker on TradingView) and when it goes over 5%, likelihood of Trump going pannick mode and reverting most bad things he approved before goes close to 100%.
Usually then this results to SP500 and entire stock market pump up hard 🤣
This is not a financial investment advice, if you trade based on what some random guy wrote on internet you deserve to go bankrupt
Trump official says tariff exemptions on tech are temporary:
https://edition.cnn.com/2025/04/13/business/tariffs-economy-trump-china/index.html
As a tool for engaging in trade negotiations, there’s value in the threat of tariffs. Most countries have trade tariffs (with the exceptions of Singapore and Hong Kong). Obviously “free trade” would be the ideal, but it’s generally not realistic. We don’t live in a world free of politics.
I'm moving this to the Other category. Nothing wrong with the discussion, but it's bound to get over into political territory. Might as well do it now. ✌🏼
I'll be interested to hear your views on tariffs when products made in China run out and the US has to bring them in with 145% tariffs added to the price.
Pretty much all economists agree that the more or less universal tariff threats Trump has made has reduced US influence and has benefitted China. No trading partners trust the U.S.. U.S. trade policy being at the whim of an erratic mad man has nothing but long-term bad consequences for the U.S.
The opinions of economists are a dime a dozen. All that really matters in the end are results. Let’s see how this shakes out.
Yes, it should be interesting.
Following the Trump Tariffs, China has imposed blanket bans on exports of rare earths to the United States. They have a monopoly position in many of the world's critical minerals and rare earths.
These are essential ingredients for microchips, robotics, electronics, defence and artificial intelligence - stuff the US needs.
For example, US Air Force F35s rely upon a rare earth that currently can only be sourced from China.
I think there are also medical, agricultural and other products that are only made in China. China could possibly stop them being sold to the US.
I think the "end results" are going to be bad for both the US and China. But Communist China will be able to ride it out better then the US - in China the citizens are not allowed to complain or vote out the government.
Sorry ... can't resist. Does not necessarily reflect my opinions. It was just the first image that came to my mind when I read that. 😉
Haha. 😂
I don’t like tariffs, except when the threat of them is used to get rid of them entirely. 😉
Trump playing with neo-liberalism like a toy, hoping to instantly correct years of mistakes, but what do you expect from a government of that system.
I worry about America. They are a friend and I don't want to see their economy wrecked.
I can't see Trump backing down on the 145% tariffs and the same with China.
Maybe, to save face, they will be able to privately do a deal where they both reduce all the tariffs to a reasonable and less destructive level. I hope so.
The smash of the USA and China is an inevitable fatale, the only question is how severe this will be, for all of us.