Dr David Oualaalou on his Youtube site pointed out that Trump does even know how geopolitics work, touching on his comparison of Trump with Wang Yi and Sergey Lavrov, two of the most seasoned and experience men in the geopolitical arena. Comparing them with what we see of leaders now running the USA, it is like comparing adults with juvenile kids.
I would say that it is an understatement about Trump being a novice when dealing with geopolitics, with due respect to Dr. Oualaalou. Trump is just a bull in a China shop, bulldozing his way into satisfying his narcissistic ignorant ego. Trump came across the word 'tariff' and immediately calling it a beautiful word he discovered at age 78, as if it is something new but unfortunately turns out that he does not know how tariffs are supposed to work.
The irony is raising tariffs against everyone and everything on the pretext of protecting USA manufacturing is just plain nonsense, when the USA does not produce anything worth exporting except weapons or even consumer goods cheap enough for the rest of the world to buy. The USA just wants to force countries to buy expensive USA goods using tariffs, to allow it to continue to export its inflation globally. It is not going to work.
Furthermore, Trump is again gloating about making the USA rich again with his tariffs, but for whose benefit. As an added tax for USA consumers, making them rich is just plain hogwash and the added tariffs will just add more money to the treasury to allow Trump to cut taxes for the super-rich, reported to be about US$4 trillion. Trump has to find the funding to do that, now with countries ditching USA Treasuries and not buying USA debts. Yes, some people will be enriched by those tariffs, but not the common consumers footing the bill.
Anonymous
3 comments:
With Elon Musk's running of the Department of Government Efficiency (DOGE) going out of favor with USA voters and even fueling widespread protests, what is Trump going to do? Moving DOGE forward with job cutting measures is being met with unrests, more joblessness, more homeless people without jobs and putting pressure on wages in the private sector. That is a bonus for business owners and the super-rich, who are already going to benefit from Trump's tax cuts for them. The USA voters who supported Trump are going to be also just collateral damage, so 'just hang tough' in there and let Donny Make American Great Again standing on their backs and shouting.
But finding US$4 trillion to fund the tax cuts is not that easy, even with DOGE doing due diligence, even touted to be targeting Congressmen and women. That is sure to ignite fire and fury.
One item I am very interested in seeing happen is Elon Musk doing an audit of the gold in 'Fort Knox'. But the truth can be suppressed in the context of the 'Empire of Lies'. Nothing is beyond suppression through lying.
Talking about gold in Fort Knox, Germany is now asking the USA to return the gold it placed with the USA for showing its confidence in the credibility of the USA in the past. Why is Germany now having second thoughts about its gold held by the USA? Will Germany get its gold back? If the USA refused to comply, it is going to send a signal to others that their gold is also no longer there. This is going to be interesting.
The gold in USA may have been used to mint Trump's gold card with his image on it, LOL. Otherwise, where did Trump get his gold? That would be really, really interesting.
Elon Musk is hurt badly over Tesla. There is talk that there is a rift building up between Elon and Trump over the tariff war. Those tariffs are decimating Tesla's investments in many countries. Musk snuggled up to the wrong guy and is inheriting the bankruptcy virus from the bankruptcy titan.
Post a Comment