Comrade Trump announces de-dollarization
Comrade Trump announces de-dollarization
Comrade Trump announces de-dollarization
JDPON Don fulfilling his role as undercover CPC Cadré in destroying the US Empire from within
the bullet pierced his ear, but he can still hear the voice of the party
god deflected the bullet so that he can fulfill his mission
Lmao putting a tariff on Taiwan. Truly being an ally to America is deadly
trump has singlehandedly ensured a future reunification of China
JDPON Don proves he's real by posting his first leftist meme
CIA and bougie pricks in general have gotten really complacent
Man needlessly smashed up some of the US' ability to project soft power, he's still talking about slashing the military budget, and now this and they haven't whacked him yet
Soft
A few months ago I thought there was no way he'd be stupid enough to dismantle the institutions that keep the US in power, because monied interests that depend on it would have him deleted, sent to prison for real, or at the very least impached. But holy shit the lack of opposition to his antics, other than some performative fingerwagging from liberals, is amazing.
I don't even know what to believe anymore.
The truth is the presidency is actually an enormously powerful position and there is no secret cabal of intelligent, strategic capitalists behind the scenes who can press a button to override it. Ruling classes have always been riven by factionalism, and the modern American ruling class is at the apex of this due to generations of imperial hegemony degrading their ability to analyze, understand, and respond to real material conditions.
this aint your pappys cia no more
Maybe they physically can't off him, like they're just incapable of doing it due to the general state of things lmfao
Maybe the attempted assasinations were them trying and failing
They've tried hitting him with the cancer gun but all the McDonald's he eats has pickled his body and he's immune.
powering 500,000 homes in Virginia by hooking Allen Dulles' corpse up to a turbine
They dont need soft power anymore. Empire is back.
lol
https://nitter.net/Karl_Was_Right/status/1907603432795681271
They calculated “tariffs charged to the USA” by literally just dividing the trade deficit with imports. And then slapped 10% on everyone we have a surplus with
We’re ngmi
There's no fucking way... that's some spreadsheet math I'd do
democratization of statistics and math underway, thank you for liberating us from their cold tyranny Mr president
Very interesting they're letting him actually do this. I would think the bourgeoisie would not like this kind of hit. He still has time to do "incredible deals" whereby these countries agree to buy $100 of US goods and he drops the tarrifs while tooting his horn but things do kind of look like the bourgeoisie (those near levers of power anyways) are serious about forcibly decoupling and reshoring pronto to be able to fully enact the plan of isolating, blockading, sanctioning, and trying to turn up the pressure on and destroy China or at least prevent their rise and displacement of US power.
I mean it's either fail children running the show which I still can't buy because they'd love their enemies to think them more foolish and incapable than they are and we don't have that luxury OR the whole plan for drawing back, child labor, small yard, high fence, using the sword of empire to attempt to force the world to buy more US stuff to displace competitors OR they're on some sort of dark enlightenment trip and think capitalism is over and the only way to avoid socialism is turning the barbarism machine way up and trying to create some sort of techno-feudalism or something else at home.
Why does it matter? Well if they're just incompetent then indeed the fall of the US is in order in the near future
but options 2 and 3 spell very, very, very dire times for those in the imperial core as it's a very orderly managed decline that's liable to be able to potentially draw it out many more decades into the future and inflict incredible amounts of suffering on those of us stuck here in the mean-time (beyond just treats being more expensive).Just like how the proletariat is divided thanks to class unconsciousness, I wonder if the same sometimes dogs the bourgeoisie. Wars are a key example where even a united bourgeois class can enter conflict with itself.
There are growing divisions within the capitalists about how to navigate the latest wave of imperial crises, and with that has come a cold war of political influences and the conflict within a usually-united class. Whilst this will threaten global capital, and with it many capitalists, there will be others who take the spoils of the coming disruption for their own gain.
The bourgeoisie are always class conscious, but fractured by campism, they DO come together if capitalism is sufficiently threatened. They are a homogeneous blob in the sense that they oppose working class movements and labour emancipation, but the struggle over the division of the earth is always there.
Funnily enough, the bourgeoisie are usually united in class unconsciousness. Unlike workers, when they act out of a narrow self interest, it tends to constructively interfere. And the US, they've been acting inside a liberal legal system designed to cushion any harsh consequences that kind of blind profit seeking leads to. A few of them are more aware, but it just means when they act out of narrow self interests, it's just a little more savvy and with a slightly broader time horizon. Bezos and Buffet already liquidated a bunch of wealth last November.
Reshoring will never happen outside of the rest of the world imposing a Cuba-style blockade on the US (inshallah). Offshoring and de-industrialization was the only way the US was able to push off the spectre of the declining rate of profit and the corresponding class consciousness that comes with it.
The only way this made sense to me was as a way to push through a tax cut bill through reconciliation that would essentially relieve the wealthy and corporations of paying any taxes at all. A massive and permanent transfer of wealth (because of course the dems would never repeal it). Trump’s GAO would massively inflate the expected revenues from tariffs in order to 1-for-1 cut taxes on the rich. But the I saw Scott Bessent say that tariffs aren’t factored into reconciliation so assuming he was telling the true (big if) then who knows…
Offshoring and de-industrialization was the only way the US was able to push off the spectre of the declining rate of profit and the corresponding class consciousness that comes with it.
Maybe they don't care? US proles are really, really, really propagandized against class consciousness and socialism. End of history and all that. I mean inevitably it comes back when conditions get bad enough and /enough/ time passes but maybe they think something else will happen before then to prevent it? Nuclear war where they all hide in their bunkers? Automated police kill-bots to keep the proles in line? Things like AI and robotics alleviating the need for all those workers (here's where they obviously don't understand proper Marxist economics of course and it eventually breaks down to them eating each other but by then they might have exterminated a lot of us so it'll be small comfort). I mean they're attacking public education and doing all kinds of other things you'd need to do to create a downwardly mobile population suitable for harsh factory work in horrible conditions. Add in some terror of gutting public healthcare, spreading around a few ever-present diseases like covid that slowly cripple those who get repeatedly infected and only those who keep their heads down and work have the healthcare to be able to survive in those conditions while many others are being picked off and you no longer have just food and hunger but living as a weapon.
I am not optimistic about Americans becoming class conscious quickly enough to matter in the next 20-30 years and more specifically class conscious and aware of and versed in Marxist theory as it's not enough to be class conscious, there are plenty of liberal-ish types who are but think the end all is peaceful protest and organizing and are easily put down. I just see some sort of extreme reaction taking hold as much more likely.
They might feel (and not without some reason) that by the time there's any real risk of the proles becoming class conscious AFTER reshoring that they'll have AI plus robotics down and they'll have automated kill bots, an enforcer class (cops), plus be able to increasingly replace the lost labor, plus just kill off or cripple tons of the unruly proles by poisoning their water and air, letting pandemics ravage the population at large, and of course climate change heat effects and perhaps increasing food costs to just starve a certain amount to death every year (if kept small enough I'm sorry to say most Americans would walk atop all those bodies and skeletons and stay in line as long as their number isn't up, as long as the mass slotted for starvation is small enough every year to be put down by militarized police and for the rest of the population to keep their heads down and not join them this seems viable).
Again this all eventually falls apart but it's little comfort as many of us here will be dead as a result long before it reaches that point.
I say, never say never. Really they might only be trying to prod back strategic industries. Trump likes to go on about antibiotics production which is telling because in a prolonged war against the rest of the world or at least against China the US would run out of medical treatments for their soldiers who'd begin dying to preventable things because they'd be cut off. The US wants to be able to self-sufficiently wage protracted global war on the rest of the world, war for conquest, war for dominance, war for plunder. They can afford to lose iPhone production, they can afford to lose all kinds of consumer goods but they must have food (already not a problem, not likely to be given Canada is a major supplier of fertilizers and we have lots of natural gas for that purpose), they must have medicine for their soldiers, and they must have arms building capabilities. Trump talks about ship-building, he wants back massive ship-building capability in the US which is why the tarrifs on non-US made ships because right now in a prolonged war China could just keep churning out new ships and the US would be without a navy very quickly, he wants to decrease global purchases of Chinese ships to shut down Chinese shipyards and move them to places where the US has control to give the US the ability to use them to make war-ships quickly in a prolonged war and to deny China that same ability.
It's the national bourgoisie ascendent against the international bourgoisie. Trump's favoured businessmen will be given special exemptions while the economy gets gutted and they can pick up the remnants at a steal. meanwhile their international rivals get shafted.
Also they are definitely on a neoreaction trip, it's just that all they've done is reinvented fascism and mixed it with older patronage networks that won't work for a modern economy.
Fascism with less brown shirts since there's not much of an organized left to take the fight to the streets.
Yes, that's it. Class solidarity has historically been annoyingly high amongst capitalist both national and international and (whatever other effects), this might have the potential to further erode both at the same time.
Think you're pretty spot on on the incoming techno-feudalism side of things. They think AI & robotics is gonna mean they don't need workers anymore and so they're setting up for their fiefdoms.
Owning everything's no fun if the peasants won't dance for your entertainment.
Why does it look like the weed menu in an Amsterdam coffee shop?
The coffee shop I used to go to changed their weed menu to be digital and slick looking now, and it looks exactly like that.
Can't wait until Trump dies choking on a fish filet and all the allied countries he alienated immediately come back into the fold as though nothing had ever happened.
They're not coming back to the fold, I hope trump lives a long life and I hope America fractures under him. If America fractures the entire planet would be a less violent place for most humanity rather than just white masters
Yeah this is not just about Trump. Trust in the American voting public has eroded. Even if Trump's successor reverses everything he has done, America's allies will never trust the US in the same way.
Most countries are pursuing strategies to reduce any and all dependencies on the US. While the US continues to hold 20% of the worlds purchasing power (much of it concentrated among the wealthiest Americans) the rest of the world is working to make its economies as robust as possible with the remaining 80%.
We're witnessing a change in the world order. The end of American exceptionalism, leaving a power vacuum that will likely favor China and Russia for the forseeable future.
This is the way.
Genuinely think the intent is to make conditions so unbearable within the empire so he can round up the coming storm to push forward the most violent shit possible.
manufacturing bad conditions to manipulate the backlash is certainly an idea, i'm not sure it works when you scream from the rooftops that it's your project and what ever happens will be your fault.
there's no fallguy, there's no possible fallguy, he's branded the tarriffs as his idea from here to kingdom come. how could even the historically unintellectual yankee people possibly misdirect their ire?
"Transgender" stole our "tariff wealth" is literally what he already said.
I guess he could always try stabbed in the back? Say the tarrifs would have worked if geatures vaguely "they" hadn't interfered or refused to play ball or whatever with "they" being some group, a portion of corporations or a group of controlling interests in them slated for sidelining or just you know trans people and poc and stuff.
He'll just keep blaming the wokes and the transgenders and the illegal immigrants, and the hogs will keep eating it up.
Yea he kinda got rid of all the scapegoats he could use. Immigrants are getting deported, every country is tariffed, DEI is "gone". What else is there to blame?
This is the plan, absolutely. Sure these people also became true believers for their propaganda, but there's no reason to think elements of the ruling bourgeoisie are ignorant to the effects of what Trump's doing. They're crashing the global economy with no survivors and is banking on America being able to whether the blows enough to take bigger bites out of their main economic competitors.
shock doctrine, baby!
I was going to say maybe they have some trade that's done by people that live in a separate territory but no, they have zero imports or exports, they are mostly barren Antarctic islands.
Gotta keep those Penguins in line
So uh..."Reunion" island has a 73% tariff on imports by us? How dare those penguins!
Reunion is inhabited and a French colonial territory, not that far from Madagascar
I knew that globalised neoliberal oligopolistic capital was dead, I didn't know that it was this dead... There's no going back to the past, the powers that be tried to restore the neoliberal order after the 2008 financial crash, and ultimately failed. This is the end result.
to sum up: cooked
"Neoliberalism is finished, we are not going to go back to it, it's historically impossible..."
Then he goes onto explain why social democracy and Keynesism revival failed before it even happened (the failure of Sanders and Corbyn in 2016/2017). Working class was in a position of defeat, not victory, thus it was not on the agenda. Then the destruction of nations, particularly in Eastern Europe (happened with Ukraine).
Exactly so funneling people towards voting for the dems is even more erroneous and delusional than it already was. Neo-Keynesianism is also an dead end.
Neo-Keynesianism has been a dead end for almost a decade now, since the initial failure of the Sanders and Corbyn campaigns. They were never going to be allowed to seize power, as the working class globally was, and is, in a position of defeat, not strength. The Dems were basically running on "let's try revive neoliberalism for a third time" (after Obama and then Biden failed to do so), which is as you pointed out, quite delusional and what led to the Dems losing a section/faction of bourgeois support to Trump (Musk, Zuckerberg, et al). As much as Dugin is a borderline, if not straight up fascist, he was right on this, Trump was initially abandoned by the "deep state"/bourgeois in 2020, but gained support from elements of it, alas an "even deeper state" after they realised the state of delusion in the Dem establishment camp. Without this support from this "deeper state" (Musk and silicon valley types like Zuckerberg) Trump would have never been elected, and would not be allowed to do what he is doing now with tarrifs.
As funny as the JDPON Don memes are, the real JDPON move would've been the USA and a flailing Europe trying to revive neoliberalism for a third time while Russia and China work together on constructing an alternative system. The USA has to try something different. Tarrifs + potential expansionism in Greenland and the Great Lakes + protectionism appears to be that difference.
SPY did a 3.5% drop in after hours trading, who's ready for Black Thursday?
We have to complete the interwar period part 2: US leadership is a bunch of dumbfucks. We already have global warming to replicate the Dust Bowl and runaway inflation with analogs to the Spanish Civil War. A stock market crash would be perfect! (งツ)ว
You never know, we could also get an actual Dust Bowl if agriculture collapses due to price shocks in inputs or the Midwest gets hit with a drought.
Not a big enough drop tbh
Ready for the carry trade to further its implosion.
JDPON Don continues his Long March through the institutions of the imperialist beast, in service to the heroic global working classes!
I'm seeing a lot of 10% countries there. Does anyone know what the 10% countries have in common that the others don't? I strongly doubt the "Tariffs Charged to the USA (including Currency Manipulation and Trade Barriers" is a real number. It seems more like an arbitrary number they've invented to justify going after some countries but not others. There must be a difference between the 10% countries and these other ones that they're focused on beyond this made up number they've invented.
Madagascar at 93% made up number, what's that about? Cambodia at 97% made up number, what's that about? Laos at 95% made up number...
Reads like a priority target list.
reciprocal tariffs
So is the party line here that these are just a reaction to other countries' tariffs and that if those tariffs are removed the US ones will be too? I have no doubt that they're lying and calling things "tariffs" that really aren't that, but if that's the logic then this move makes marginally more sense.
edit: okay I saw the thing where they decided tariffs are when you have a trade deficit and that is fucking hilarious. Does Don really expect other countries to start buying American shit? Our stuff is obscenely overpriced at the global level! The only way that happens is if he intentionally weakens the dollar, and if he does that we can't import anything anymore.
Our stuff is obscenely overpriced at the global level!
And terrible quality for the price too
Okay, then, let's get this started.
Stuff like this makes me wonder if there's going to be a Business Plot to replace him with Vance.
yanis vindicated?
Live Juche Reaction:
I'm wondering how China, the EU and the rest of the world will retaliate and if they will have the resolve to make it really hurt in Washington.
They will use regulatory measures to disincentivize investment in the US and cut any government contracts with private US corporations.
While the US is a net importer of manufactured goods, it is a net exporter of services. Tech (social media, Netflix), financial (visa, investment vehicles) and healthcare (pharmaceuticals, medical devices).
Finding an alternative to the American service industry (partly through an openness to violating US intellectual property) will be an important early step.
The goal is to diminish American purchasing power and therefore influence over time. It will hurt Americans sadly but unfortunately the American public has voted for this, so the world has no choice but to respond.
Tomorrow's theme at NYSE: "It all keeps tumbling down, tumbling down, tumbling down.
Vietnam, Taiwan, Thailand, Switzerland, Cambodia, Bangladesh, Sri Lanka, Madagascar, Myanmar, Serbia, Botswana and Laos are confirmed to be on the American shit list
Trump's people really want to hit them hard, but why? Manufacturing new crises? Sabotaging China's belt and road?
It's just a calculation of US trade deficit divided by US imports from said country. The US is not picking on any country in particular with this announcement, it's just a base calculation that applies to almost every country.
He's just dumb as hell. Why is it so hard to believe a ruling class of systematic incompetence would lead to results like this?
It’s basically countries that don’t buy enough from the us
US vs the World rap battle