It’s hard to say if the president truly knows what he’s doing. But there is a precedent for the US causing short-term chaos and reaping long-term gain, says economist James Meadway
It’s explained in the Miran paper. The USA’s economy is a net importer. It uses exorbitant privilege to import everything and profit financially.
They can use a trade war to create negotiating leverage for a new trade deal because the surplus countries will be more eager to negotiate than the deficit country.
The goal is to have domestic industry and exorbitant privilege, whereas under the old order they traded one for the other by becoming an importer.
Yeah, Trump’s skill at negotiating things like the Gaza cease-fire and the new Iran nuclear deal is legendary. Hence, it’s ambitious but “might work.”
In someone else’s hands, I would be skeptical and wouldn’t describe the result as a successful anything because of the amount of overall long-term suffering it would cause, but at the same time I am not an expert so who knows. In Trump’s hands, this all is guaranteed to be as much of a disaster as everything else he does is. Absolutely guaranteed.
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It’s explained in the Miran paper. The USA’s economy is a net importer. It uses exorbitant privilege to import everything and profit financially.
They can use a trade war to create negotiating leverage for a new trade deal because the surplus countries will be more eager to negotiate than the deficit country.
The goal is to have domestic industry and exorbitant privilege, whereas under the old order they traded one for the other by becoming an importer.
Yeah, Trump’s skill at negotiating things like the Gaza cease-fire and the new Iran nuclear deal is legendary. Hence, it’s ambitious but “might work.”
In someone else’s hands, I would be skeptical and wouldn’t describe the result as a successful anything because of the amount of overall long-term suffering it would cause, but at the same time I am not an expert so who knows. In Trump’s hands, this all is guaranteed to be as much of a disaster as everything else he does is. Absolutely guaranteed.
The problem with any community against “disinformation” is that it instantly turns into people exercising their pet peeves.