Trump's tariffs upend 80-year-old world economic order, and it will cost us all
Trump is out to destroy the global economic order, and it will cost us all
For some reason the dumbass "they want a new world order" people completely don't give a shit when Trump says almost exactly that verbatim and causes exactly that by being his tariff man self.
Fuck tariff man and everyone that voted for him.
Fuck also everybody who could, but didn't vote against him.
Reported as US News, which not World, but the tariffs have an impact on virtually every country on the planet (Russia excluded), so I'll allow it.
I read the oil prices plumeted along with the stocks and crypto currencies, so Russia is indirectly impacted as well. Does that make up for all the bullshit? No, but it makes my day a little bit better.
That was the goal.
In Rubio's confirmation hearing, he literally said that the goal of the administration is to end global Post WWII stability.
There are difficult times ahead - but in the end it will make Europe more united and stronger!
"Stronger" isn't automatically a good thing.
It's like the old joke; I work out three times a day; get to bed every night at 9 pm; read at least two good books a week; don't eat a lot of candy and treats. I'll be so happy when I get out of prison.
It will most likely make Europe, along with the US and most of the world, poorer than would otherwise be the case.
Now, now. The rich, especially in the US, will become richer by a lot. And that's all that matters... for them.
Or more fascist, who knows?
isn't that exactly what trimp is saying it'll be like for america
Cost us all? Maybe the business owners and Americans. And probably only American businesses owners. USA isn't the entire world, if you can't export to America you'll export to Canada, France, Kenya, Indonesia, Japan.
In all fairness, the last 80 years of economic order has been shit for 99% of the population. So I don't get too excited about experts that suggest going back to a less broken system as the answer. We need to rethink our whole economic systems outside of the current ideas.
In all fairness, the last 80 years of economic order has been shit for 99% of the population.
Yes and no. Millions of people were uplifted from poverty because of globalisation. The technology and wealth we enjoy today is because of international trade. But on the one hand, those who lost their jobs from outsourcing were not duly provided with alternatives, and now they are electing demagogues who are promising them easy answers to complicated issues. And on geopolitics, big countries act with impunity, stepping on less powerful countries. This also added for demagogues to use the lack of international order to rally people into nativism.
The world economic system includes many places that aren't the USA and many of them were doing pretty well. That to me would suggest that there's another problem to blame for the crappy situation people are dealing with in the US. I'm all for rethinking a system to help benefit more people but I really don't think that's what's happening here at all.
What do you understand about the economic system? For example, how the money supply is created, and the ramifications of "interest" and "inflation". What you'll find if you do, is that the system is fundamentally broken if your goal is sustainability on this planet for any serious length of time.
Most of the current world order couldn't care less, clearly or we'd have done things about climate change that weren't just technical advancements buying us time if making any difference whatsoever.
Real austerity for the wealthy could pay for solving most of the world's issues, several times over. And we have the resources to do it globally. It shouldn't be a matter of "cost".
But it'll probably never happen, unfortunately.