Tariffs Moving USSA Forward To Disaster; Domestically & Internationally?

#1

Above is the video “Just under 1 HR”

Just under 1 HR
Interesting new terms, that flush out the hidden details.
Forcing Europe & Japan toward China Markets?
Will China/Japan unload USSA treasuries, as a consequence?
Are tariffs creating a USSA domestic wider gap, between rich & poor?
Targeting small businesses that rely on China supply chains; under $800.00;
while leaving, specifically targeted billionaires supply chains - untouched?

This is the second video[below 30 minutes]]; which counters the first video at the top.[1 HR]
An interesting take in the following interview.
Go to 28:00 clicks in, and start listening…
[although the whole interview is good; it’s at the half hour point where Trumps’ tariffs are beginning to be discussed in an interesting twist…

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#2

Thank you for posting this - I always like reading Michael Hudson and grudgingly read Richard Wolff (because of how I see him - he has usually seemed to express leftist economics while living a secure expert lifestyle himself). What struck me was each of them were saying in his own way that Trump has no knowledge of history, and none of the clueless around him do either.
Bessent should comprehend history, he worked in the UK, but maybe he’s just doing what his boss tells him to.
Catherine posted two articles from Thierry Meyssan on Solari, dealing w some of this, and I remember him saying “the Russians have realized they are negotiating with a cult of personality.” The problem is, we all have to live with their ignorance of history, and they won’t.
Just on a simple person’s level, China is an ancient country. They have been doing trade for thousands of years. It’s just stupid for some relative teenager to assume they are more clever than the Chinese, and some of Trump’s staff act like teenagers (Howard Lutnick comes to mind).

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#3

catsmeow23
Go to second video, at about 28:00 clicks in, and begin listening.
I think you’ll find it very interesting;
especially, when he concludes with Trump’s tariffs[32:00 >].

[Whole interview is good, as well] - I put it up after your comment.

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#4

I really do not understand why people continue to see China as a constant monolith. Chinese civilization has been as fractured as any other throughout the last 5000 or so years. Chinese people are not just ONE people, they are actually many.
This leads me to believe that many people that converse about China do so only with the modern CCP in mind.
Blink your eyes and that could also fade into dust. Just like anything else. And presently, what I am reading and watching about China makes me believe that it is not long for the world in its current configuration.

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#5

And then use bullying tactics to get their way. Sadly, that is the only script the West knows and uses today. I tend to think being “a politician” is one of the hardest professions around. I don’t know any profession one needs to be so allround in so many specialisations. From history to banking to people skills, all now absent in the west. Flatlanders are running the western show and its bogging down in ignorance and stupidity by design. That is for me the hardest part to deal with, that it is by design!

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#6

An oddity I have noticed about modernism is that since I have been politically sentient, which would be around 1980 or so - I was 11 yrs old then - is that all politicians have always claimed they would change something and never did. Maybe Reagan sort of did, and somehow Bill Clinton was allowed to “balance the budget” as they claim… But really, Every since Bush 1, until now, I have seen ZERO politicians do anything but somehow give themselves and their overlords more power and wealth.
Although I am skeptical, I do see the current MAGA politicians actually trying and possibly actually changing that. I have big hopes.

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#7

I did listen - I had heard other analysts go in not so much detail, but they would mock the neocons for thinking sanctions would harm Russia, because Russia had thought ahead.

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#8

If this is intended as an indirect criticism of me when you say people speak of China as monolith, your point is taken - indeed, China is composed of many peoples and isn’t monolithic. I wasn’t talking about the CCP however, and that’s how I expected to be criticized.

As for Trump, I respectfully disagree. I agree with everything I hear Catherine Austin Fitts and John Titus say about Trump’s actions, as well as many other analysts, and I give preference to conservative critics because I have a strange mix of liberal (at work) and conservative people in my life, and my conservative relatives wouldn’t listen to a word I said if I were citing Democrat sources. Catherine and John call Trump’s actions crony capitalism, and many other unflattering names.

I also had an older brother who was a Federal employee of great integrity (conservative, Vietnam veteran) - so I was insulted on his behalf although he’s dead that the younger Trumpsters imply all Federal civil servants are dishonest & incompetent!), and he spent his last 45 years tearing apart the American conservative delusion that deregulation on a grand scale ever benefits society. I think a lot of conservative business people chafe under the regulations they personally have to deal with, and so they assume any form of deregulation is a great thing and should be applied everywhere to everything. Trump clearly does.

There are bad regulations. But that doesn’t mean you hand the keys to the bank vault to the robbers. Global corporations are often just as bad, if not worse.

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#9

They are looking to wipe out the small businesses that survived covid

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#10

Exactly. Deregulation without using “a scalpel,” as Catherine has said, always favors the monopoly or the gargantuan. It NEVER protects the smaller, local business. That was the point my brother made.

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