"he has espoused the use of tariffs as a tool to reduce trade deficits and induce currency revaluations against the dollar" according to the Wikipedia page about him.[1]
A long term, deliberate, paced tariff strategy could have unwound the offshoring, but having TACO Trump do this is only going to end the dollar as a reserve currency, whilst simultaneously kicking off World Depression II.
Probably not, at least not as a medium of exchange and thus unit of account.
It is likely to deindustrialise America, given tariffs make material inputs more expensive. But Wall Street doesn’t use material inputs; it gains, and with it, so do America’s capital markets. With them, the dollar. (In use. Its value will likely become more volatile. I also expect Treasuries to become less attractive as a long-term store of value.)
"47% of Republicans would still vote for Trump even if implicated in Epstein's crimes" - https://www.snopes.com/fact-check/trump-epstein-republican-v...
While the outrage is maximized by reading it as "Would you vote for trump if he confessed to molesting children?" -- I'm confident that question would have gotten a different result.
The peoples outrages are highly stratetic. Tan suit on democratic president, is massive breach of decorum. Grab them by the pussy is fine.
It's Beginning to Smell a Lot Like Stagflation
duxup•2h ago
mooreds•2h ago
ChrisArchitect•49m ago