The continual and unhinged tariffs being imposed by the orange one continue to surprise the financial markets. To a point, where they created a nickname for the trade, it’s not that they’re calling Donald TrumpTACO It’s rather that his short fuse, quick temper and absolute inability to Keep track of what he did the previous week, creates the situation where new Tariffs are replaced old ones on a weekly basis. The increase on steel and aluminum terrace from 25% to 50%. It’s a clear case of complete stupidity. The reason he gives is notable, he gives parties 90 days negotiate, and after 10 days when there’s no firm result, He imposes new tariffs.
but, what if chaos is the objective? What if destabilization is a goal in its own right. What if his intention is to show that the world, economic order, and that the capital system as it has been working for the past 70 years has to be shown as being wrong?
If your plan, is to create a New World order, then the first thing you need to do is to destroy the old one. Destroying the bond market, destroying the global trading market, are the first steps. Of course, this is a double-edged sword. It’s not entirely clear if Donald Trump‘s friends understand the limit of what they’re trying to do.The truth is, that the American economic system aside from energy, is largely divorced from the global trading market. Yes, China is very dependent on US trade, but it’s not its only market. They can The truth is, that the American economic system aside from energy, is largely divorced from the global trading market. Yes, China is very dependent on US trade, but it’s not its only market. They can restructure its business to focus on the rest of the world.
and their lies the weakness of their plan, if it is their plan. If you are marginal, you can be eliminated. Not that the process will not be painful, quite the opposite. Countries near America, Mexico, Canada, and China have more to lose than the rest of the world. however, there are ways of minimizing the impact. For Canada, the first step has been to start selling its energies to other than America. Funny enough, this movement away from the American market started more than seven years ago, when the building of the first trance mountain pipeline was not only proposed but approved by the government. Now, those words that new pipelines will be built going east. In a short term, Canada can do like a lot of other nations, and use its rail system to transport oil to port areas where it can be put a board ships and sold elsewhere than to America. that’s the easy bit. Already, Canada has seen a massive growth in the demand for its agricultural products from countries that are not the United States. For Mexico, it stands in good position, to replace China, or at least add to China, as a workshop of the world. It’s work Force is well educated, and relatively inexpensive. The new railway that linked the Pacific to the Gulf of Mexico (or if you want to be an ass about it, the Gulf of America) allows trade to bypass the Panama Canal at potential control from the Americans.
Its labour Force is well educated, and relatively inexpensive. The new railway that linked the Pacific to the Gulf of Mexico (or if you want to be an ass about it, the Gulf of America) allows trade to bypass the Panama Canal at potential control from the Americans.
anyone negotiating with the White House has already indicated that very often they don’t know what they’re negotiating for or with whom. So much so, that the Japanese Prime Minister, indicated that they did not know where the Americans wanted. The British, have been somewhat more circumspect, but the reality is that the framework that was negotiated between America and Great Britain, has been in process for more than six months, and even there the word coming from negotiator, is that they don’t know in which direction the Americans are going. What I heard, is that from one meeting to the next the demands vary dramatically, with no sense, or reason.They want American beef to be sold on British shelves, but refuse to comply with the same rules that all British beef has to comply with. These are not bars to trade, these are barrier to healthy food.
They want American beef to be sold on British shelves, but refuse to comply with the same rules that all British beef has to comply with. These are not bars to trade, these are barrier to healthy food.
China, is different, it’s problem or way larger than its principle export market. The push to increase exports of good to America, is a relatively new phenomenon dating back only for five years. It’s a way of creating employment at home, rather than generate profit for the enterprise to undertake the work.That problem is unsolvable, and trade, whether it grows or shrinks will not change that reality. China is facing massive demographic issues, not in 20 or 30 years, but in the next five years.
That problem is unsolvable, and trade, whether it grows or shrinks will not change that reality. China is facing massive demographic issues, not in 20 or 30 years, but in the next five years.
trump’s desire to destroy the world order would have been more successful in 2020, but now the impact of the first travel administration has already made people wary of dealing with his administration. And I know, that soon after the election took place in America in November of last year, that many were preparing for chaos, many were expecting chaos, and many are trading contingency to meet this chaos. The world can live without America, it’s not as much fun, but it’s not the end of the world either.
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