Now Donald Trump's trump card and one stop solution to
the USA's economic problem is tariff. Lots of it. 100% cannot work,
200% and so on. This is economic theory 101 that only Trump alone learnt
throughout his life. Everyone thinks it is a no brainer, except Trump
the Great American revolutionary leader. I think even Professor Richard
Wolff did not learn that and thought of that.
Trump probably
thinks every suggestion of his will work like his nuclear option of
sending a nuclear missile into a hurricane to stop it. Or drinking horse
de-wormer, Ivermectin, to stop COVID, since it worked on horses and
COVID is caused by a worm in his head. Or his theory of injecting
insecticide to cure COVID, like killing insects inside his head. Or go
sunbathing to prevent COVID infection as sunlight kills germs. During
COVID, Trump was the expert on all the cures. Yet the USA ended up the
champion of all deaths from COVID.
Sanctions are not working, so
tariffs are going to be the cure all for the USA's problem. The whole
world joining de-dollarization are urinating in their pants over Trump's
tariff threat. And that I understand is the reason for the US$ rising.
Investors are jumping the gun without realizing the folly of Trump's
idea.
Anonymous
I should think the two of them, Biden and Trump should share a room in an asylum or mental institution. No, they will not fight, since Biden's dementia will make Trump unrecognizable in his head. They should get on beautifully, have plenty of time to discuss about more anti-China moves that they both shared. The two of them are like the right and left hand of the Deep State, LOL.
ReplyDeleteDid anyone realize that immediately after Blinken's visit to Israel and talks with Netanyahu, the Israeli attack on Iran took off just today? Co-incidence? Was Blinken supposed to be on a peace mission or an escalatory mission?
ReplyDeleteIf Blinken is really on a peace mission, it shows that Netanyahu just showed him his middle finger. More likely Blinken is telling Netanyahu to go ahead, and attack Iran and assured him that the USA had his back covered.
Blinken is the de facto President of the USA, and the mastermind in the Final Solution on the Palestinians and the Greater Israel Plan.
ReplyDeletehttps://vt.tiktok.com/ZSj8oV2Uv/
ReplyDeleteBRICs with BRICKS thrown at the UASSA and NATO and their doggies.
Wow Kaput liao!
If he is not mentally sick, would his rhetoric about sending a nuke into a hurricane to stop the damage? If he is not mentally deranged, would he be making the suggestion of using horse dewormer to cure COVID? If he is not mentally insane, would he suggest injecting insecticide into the body to prevent COVID? If he is not mentally retarded, would he not have known that hurricanes are very wet? In his retarded mind, hurricanes may just be dry winds.
ReplyDeleteAnd I am waiting for him to make the 'Mother of all Pronouncements' - that water is wet, LOL.
If tariffs are the cure all, every country should erect tariffs to solve their economic problems. Why is Japan not doing it for more than three decades struggling to put its economy on a firmer footing. Abenomics was touted to be a game changer with three arrows that missed their targets by a long shot. Kishidanomics was next to suffer ignominy. Japan's new Prime Minister, Shigeru Ishida probably will start with another new age 'nomics' to continue the saga. These are all basically old stuff in new packaging.
ReplyDeleteChina is now telling its Chinese investors not to build factories in the USA. Malaysia is benefiting now by working with China. Indonesia will also benefit greatly if China were to pivot its investments to Indonesia. It is in fact a no brainer to do so, with wages so low in Indonesia and cost of production a fraction of that if Chinese companies were to invest in Indonesia instead of the USA or EU. It is a win win situation now for Malaysia and Indonesia.
Chinese investments in Vietnam and Thailand are already well established and chugging along. Vietnam is aware of who is buttering its bread and is joining BRICS for more trade and investments from China. Vietnam, Malaysia, Thailand and Indonesia know that the geopolitical dynamics in ASEAN is moving towards BRICS, not the G7, which is a dying horse.