The banana republic formerly known as the United States.
Posts by Senzen
11 publicly visible posts • joined 8 Sep 2023
Trump admin freaks out over mere suggestion Amazon was going to show tariff impact on prices
Signalgate lessons learned: If creating a culture of security is the goal, America is screwed
Ex-US Cyber Command chief: Europe and 5 Eyes can't fully replicate US intel
US stocks slip as Trump pulls trigger on Canada, Mexico, China tariffs
Everyone loses.
Prices will go up in the US, rational people need to remind MAGA every day of each instance. Fentanyl will keep flowing and killing people. Muricans are now part of the Axis of Evil, and need to be called russian stooges daily.
Prices in Canada will go up until they can substitite US imports, for instance by getting even closer to the EU; they will probably also find other markers now open to them, as people around the world stop buying US products, not just Teslas. Slogan: "From Canada, not the Axis of Evil".
Mexico wil be hard hit as its economy depends 80% on trading with the US, it also imports 60% of its fuel, and even remittances from Mexican workers in the US are falling, as apparently people are hiding to avoid getting deported, which means a double whammy for agriculture in the US; and yet it has even worse problems, with no democracy as the government has been privatized in the hands of incompetent thieves in cahoots with cartels, who are at war with each other; and they destroyed the judiciary, so contracts are worthless.
The EU will need to quickly form a NATO alternative without the US and support Ukraine on its own; it has the means as well as the political will to do so. It should also look into turning the Euro into the world's reserve currency, since the US government is not to be trusted, which would be a serious blow to the US, as it would be unable to keep expanding its debt.
Japan, Australia and New Zealand better get their act together, and quickly.
China seems to be adrift, tariffs will hurt but not as much as it might seem: 3 dresses for $20 will now be $22, still a bargain for whoever buys that.
CISA: Wow, that election had a lot of foreign trolling. Trump's Homeland Sec pick: And that's none of your concern
Trump tariffs transform into bigger threats for Mexico, Canada than China
US pillars of wealth undermined:
The rule of law: convicted criminal Trump as president. Uncertainty and the cost of doing business will go up.
Migration: plans to deport millions. Shave off a few points from GDP.
International trade: tariffs on its major trading partners. Own goal for the US, products will be more expensive there; major blow for Mexico in particular but then it has even bigger problems, with the country in the hands of drug cartels because of a coluded failed State.
Rule number one to survive populists: look trough their bluster to find their inanity; by wanting to appear strong Trump continues to debase the US.