I thought I had a handle on world economics but can a trumpeter explain to me what the actually f**ken plan here has been beyond “at my signal, unleash chaos!”
Look we all mourn for the days when our country used to manufacture stuff. but the world has moved in a different direction. Manufacturing and assembly takes place where labour is cheaper. This provides the products to the consumer at a more affordable price AND maintains profits for companies.
You can can incentivise change through subsidies and tax relief to bring it back onshore, but who in their right mind would think that they can achieve this by brute force ?
Brute force seems to be the modus operandi for his takeover of Canada, Greenland etc.
What he didn’t count on what that there are much smarter people than him about. Canada’s new guy is a former international banker and was balls deep in the selling off of treasury bonds during the week by Japan, UK, China etc. it was a beautiful thing. They forced the USA to their knees in 6 hours. They will do it again too. They can make the greenback go from a trusted safe haven to a risk and make them borrow their trillions and 3 or 4 % pa more.
www.theguardian.com
