Only the UK, not unexpected of a poodle, is waxing laurels about the tariff deal with Trump, while the EU is not too committed being already given a lesson earlier after being on the wrong end of the stick. The end of cheap energy from Russia really was a hard pill to swallow and Germany in particular is now in economic ICU.
Slowly, countries are realizing how to come to terms with the tariffs by migrating businesses elsewhere, taking a leaf from the Chinese. China need not have to respond to Trump's boasts, just keeping quiet and looking at the self-destruction going on. As for the penguins, I think it is safe to say that they are taking a leaf from the Chinese by keeping mum. ignorance is bliss. Smart birds!
Anonymous
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There is so much good news coming out of the USA. I said only 'good' stuff because I am unable to understand the logic of what is happening. They say that if it is too good to be true, it cannot be true, but maybe I am mistaken.
The USA debt just reached US$38 trillion, good or bad is up to you to make use of your judgement. The USA shutdown is going to break all records for the longest streak ever and I also leave that to your judgement whether that is good or bad. The USA stock market is at record high, despite the abovementioned two events and I cannot understand the logic, so I leave that to you to un-wrangle the mystery. My suspicion is that there is so much money printing to prop up the market to give the semblance of confidence, or there must be a massive volume of money transfers between companies, cross investing in each other just to fuel the record-breaking event. More to come, I am sure.
To add further good news, the USA now has so much rare earth within a year, after an alliance with Australia, that Trump does not know what to do with it. Some countries already have massive amounts of rare earth underground and also do not know what to do with it, so do not misjudge Trump. Just digging up the rare earth from the ground means nothing, only just as good as digging up dirt. What to do with the dirt is another problem. China controls 90% of the processing facilities, so I leave the good news from the USA/Australia rare earth alliance to you to digest. Maybe they can come up with the processing facilities within a year under Trump's guiding hand.
Oh, in case I forget the other 'good' news about the soya bean harvest that is so good that makes USA farmers cry. Never mind, Trump is coming up with a big, beautiful, productive, wonderful, mind-boggling and unheard-of subsidy for the farmers. See, good news is everywhere in the USA. The rest of the world must be overwhelmed and wishing they had Trump as their leader.
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