World News

Uhm something something illegal rapist immigrants high on fentanyl. I've got tee-time in 10.

Of course he doesn't. He should be in elder care not in the White House.

The chaos is the point: make nothing normal, make nothing certain, and he can be free to do anything.

I never liked that many seem to be of the idea that Trump is an absolute buffoon who doesn't know what he is doing. He and his goons are not headless chickens. They are not stupid, and know incredibly well what they are doing and why.

You don't get to win an election twice if you're as much of an idiot as most make him out to be. If we keep underestimating our 'opposition', we will continue to be defeated.

See this article for more: https://unherd.com/2025/02/why-trumps-tariffs-are-a-masterplan/

TLDR:

In this article, Yanis Varoufakis analyzes Donald Trump's economic strategy, arguing that it is more sophisticated than his critics assume. Trump's focus on tariffs is part of a broader plan to reshape the global economic order, which Varoufakis describes as an "anti-Nixon Shock." Trump believes the U.S. has been exploited due to the dollar's role as the global reserve currency, which he sees as a burden rather than a privilege. He aims to weaken the dollar to boost U.S. manufacturing and reduce trade deficits, while maintaining its reserve status to fund U.S. deficits and military power.

Trump's plan involves using tariffs to pressure foreign central banks to lower interest rates, thereby depreciating their currencies relative to the dollar. This would offset the price increases caused by tariffs on U.S. consumers. The second phase of his strategy involves bilateral negotiations with key countries, leveraging tariffs and security threats to force them to appreciate their currencies and make concessions, such as buying more U.S. goods or relocating manufacturing to the U.S.

Varoufakis acknowledges the risks, including potential domestic backlash from Wall Street and the possibility of foreign countries, particularly China, creating an alternative financial system. However, he argues that Trump's plan is coherent and should not be underestimated, even if it diverges sharply from traditional economic thinking.

Techbro led gvmt - move fast, break stuff. Chaos leads to opportunity to profit, by which I mean him and his class to profit.

I don't think Trump knows very much about anything he's doing, whether this or anything else.

(Incidentally, this also means I don't think he's doing most of the bad things he's doing out of malice or dictatorial ambitions. He just has no idea about anything he's doing.)

I know why he did it. Because that's what his best best friend from Kremlin said and his two last working brain cells are in vacation playing golf.

He probably doesn't understand that if US stops all trading, will become just a bigger North Korea with nukes.

Am I the only one surprised at how low the cost per household could be? I keep thinking it should be quite a bit higher.

It’s part of their plan to eliminate the IRS and federal taxation, to be replaced by a universal sales tax. However, trump doesn’t have the authority to do that. But he can tariff. And a tariff is a little bit like a sales tax.

Therefore, we get tariffs.

Now, the other problem is that the tariff revenue is going to be like 1/10 that of the IRS tax revenue, which will require a 90% reduction in federal spending. Including defense, research, healthcare, and social security. Can’t collect social security tax if the IRS doesn’t exist either, so social security is getting axed.

It will of course make 56 million seniors homeless, but thats a small price to pay for a 15% pay bump for me!

The big corps can weather the storm, smalls will have to sell, consolidate and monopolize is the plan as I see it