Trump doesn’t seem to know why he launched a giant trade war
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Nah, he's a inbred golden retriever, that Russia and musk owns
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Also Putin, " say I'm not a bad person"
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That's well known to be money laundering for the Russians so it's intentional, him not being contracters was where he had his scams
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The thing is, I don't doubt there is an actual reason why these plans have some more intelligent purpose behind them; I doubt that Trump is the one thinking of this. I'm of the belief that Trump has a bunch of yes men around him that are smart and able to coerce him to do these things through careful manipulation strategies and feeding into his ego.
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The project 2025 people already had every executive order and move lined up ready for him. No understanding required .
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I was talking about Donald Duck. This made me laugh though. Thanks for brightening my day.
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Of course he doesn't. He should be in elder care not in the White House.
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It looks imbalanced until you understand that you guys are the only ones manufacturing dollars
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Dude that makes no sense at all. He wants to depreciate the dollar by putting on tariffs, an action you yourself admit depreciates all OTHER currencies, thereby increasing the value of the dollar?
Then after that he'll "negotiate" to have the other countries to appreciate their currencies? By buying US goods and companies?? Both of those things appreciate the US dollar. China has been selling their goods to the US (something which should appreciate their currency) without appreciating their currency by buying property and companies in the US so they never have to use the US dollar to buy their own currency. This increases the value of the dollar while decreasing demands for the Chinese currency. This has been widely seen as unfair currency manipulation by China.
Things that increase demand for US dollars such as buying US goods and investing in the US APPRECIATE the value of of the US dollar. I haven't read the article yet, but I hope your summary is incorrect, because Varoufakis is generally a very intelligent left wing thinker and I would be surprised to see this kind of gaffe in basic economics.
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Uhm something something illegal rapist immigrants high on fentanyl. I've got tee-time in 10.
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You're an idiot
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He keeps claiming they are "abusing us", but... Like, why did he make that deal then last time he was in office?
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Because at his age it was easier than getting penis-enlarging surgery.
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And everyone knows that global economics is a zero-sum game, and therefore a "trade imbalance" means "we're losing."
So fucking dumb. Simple-minded fucks.
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It's not.
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How do you practically exercise that right? Do you know how much money and time it would cost to attempt to go up against some multi-national corporation that scooped your comment up for their AI? Assuming you can even know it or prove it.
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Synonym for the past 4 years tbh. But hey, I (as a non-American) would be okay with old but not insane president. Guess we got both this time around.
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Stooge McCuck
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I don't doubt the reputation of the writer or his general knowledge of economics...
But this is coping. The Trump administration is trying to wave their hands around and create a giant fuss for people like us and this writer to speculate on and create debates and panels to think about... while he and his people simply walk out of the white house with the treasury and all the inside investment opportunities they will ever want.
He's just making chaos, plain and simple. These ideas about his master plan to disrupt the world's reliance on the US dollar? Distraction and coping.
I agree this administration is more clever than we give them credit for, but any house thief can step up their game and pull of a heist when they set their mind to it, it's not some kind of magic skill. If anything, I think it's harmful to assume Trump is at all smart or has a plan because his ONLY plan is to make YOU think he has a plan.
My evidence? We've done all this fucking before, this is part 2 of a failure of a presidency. He didn't change the world before, he won't here. (Other than diminishing the US role in geopolitics so Russia can take center stage, all he really wants right now)