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Edwin's avatar

It may be Trump is the one stopping all of this stuff, or at least what he can.

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Kitsune, Maskless Crusader.'s avatar

This just shows why T is where he is and those against him and his polices are not. What is left out here and everywhere I have read similar criticism of the tariffs are the reactions of the companies hit hard by the tariffs. They are not, as all these learned men and women claim, just taking them. The sources for what they are leaving out are far and wide so I can not list them here, perhaps I’ll start complaining a list, but in every direction, if we look, we can read of company after company announcing that they will begin manufacturing in the U.S. to avoid the tariffs. Some have already stopped production in Mexican a/o Canadian plants, others plan to expand their Stateside factories or build new ones. Others have announced large investments in the US.

Much is made of the US Stock Market’s recent decline. They forget that it was not long ago when Wall Street was doing well but Main Street shut down. As someone more astute than I pointed out, the decline in stock value of US companies due to the tariffs is proof positive that they are not making anything in the US, opting instead to use cheaper labor abroad with fewer health and safety protections for this work force.

Yes, the shuttering of plants in Canada and Mexico that produced to serve the US market is bad for those employees and those countries, but is great news for the US.

One of the interesting series of archeological finds gives us insight to where the U.S. was heading. Roman coinage has been found far and wide, yet little, if any non Roman currency has been found within the Roman Empire. As the Roman Empire grew, it, like the US, stopped making many things and imported what it wanted and maybe much of what it needed causing an out flow of gold and silver. Apparently, Roman did not export large quantities of goods that were desired or unique enough to offset this outflow of hard currency helping to lead to its economic decline and eventual downfall.

Why is it that the US is not allowed to produce what it needs and must buy from abroad while what little we do still make is artificially priced higher? A recent article I skimmed pointed out that a specific model of European car sold for close to $40,000 more in at least one city on the continent than it does in the US. I too have had experience with the shockingly high prices of Japanese goods in Japan compared to elsewhere. While times have sure changed, Japan is now THE cheap overseas destinations for tourists, something that still make me dizzy to say, hear, read or type, but it has always been this way.

In 1992 I first arrived in Japan to serve aboard one of our naval vessels home-ported in Yokosuka. I thought I would buy a Japanese camera here as surely it would be far less expensive than on base with its US prices, though minus sales tax. WRONG. The camera I priced on base was a Canon EOS with a lens kit carried a price tag of $535. USD. In the display window of the camera show basically across the street from the main gate was the same model. The price after exchanging currencies was $1,500, for the body alone. No batteries, no case, no strap, and, no lens. Later I would read how a camera store in Tokyo got in trouble for their trade practices. They discovered it was cheaper for them to buy Canon cameras retail in Singapore and ship them back to Japan for reresell than it was to buy them wholesale for the Canon plant across town. Canon got word and was not happy.

We are incredibly naive on the trade practices employed around the world. Trump is the opposite. He has been telling any who would listen about these for decades. We should shut up and let the man do what he does, this IS his area of expertise. All the expects on trade, finance and economics are no more knowledgeable than our medical experts have been shown to be with covid. All they are doing is trying to protect their shady revenue streams at our expense.

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Christina Kinne's avatar

Please explain, that we were not already starving and suffering. 37 Trillion in Debt with the interest on those loans to continue printing fiat money at 1 trillion a year, with a 10 trillion dollar bill heading this way? The pain is the suffering from decades of gov graft, and welfare checks going to almost every nation on Earth how to do you correct course on this insanity with fiat money? With the work of DOGE, it is painfully apparent this gravy train has not stopped for decades, and we ended up with a corrupt gov. that doesn't even have the time or care to audit the agencies for stale-dated funded programs to the tune of billions, and stale-dated public trust agencies? Are we to snooze and babysit this condition into oblivion? Billions going to groups that are so anti-America they have become Marxist activist against our own citizens? The money going to "help feed the poor" or to "help developing countries" CLEARLY IS NOT DOING THAT THE MONEY IS GOING TO FOREIGN CORRUPT "LEADERS." NOTHING HAS CHANGED IN DECADES., and the demand to bill American taxpayers continues to balloon.? Are we to wean them out of their corruption? IMO that is absurd. It will be painful, but Share holders need to demand the innovation and production of good American production and hiring of Americans for jobs. Foreign nations need to elect good leaders that will re-invest in their production and jobs. The war prop-up of International Banking Cartels needs to STOP. There is only one way back and that is cleaning up gov corruption and unfair trade deals. Yes there will be pain, but America has taken on THE CONDITION of failed economies around the world for decades. Yes we have leaders that set this system up, but the time has come to reverse the damage.

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Guido's avatar

Make Treason criminal again!

Onward, Christian soldiers!

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Kitsune, Maskless Crusader.'s avatar

Why is it that the US getting fair treatment in trade is the end of the world? Have we been that much of a sucker all these years?

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Edwin's avatar

Yeah, we have!

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Christina Kinne's avatar

Yes, America's Military Industrial Complex with Wall Street set up camp in foreign nations as the BIG DOG, so we could have obligatory say in geo-political decisions., The only thing it gave us was WAR UPON WAR with NATO, THE INTERNATIONAL BANKERS, AND INVESTORS MAKING THE "GAINS", while nation states have been pillaged by the IMF, usurping assets across the Globe, resulting in more war. Enter Big Pharma, and we now have a collusion in Bio-wars. Meanwhile, local inserted Presidents have worked to bring in China and foreign investors to buy up our assets, and steal the wealth of our Nation. The actors double down with breaking our borders and sovereignty to replace American patriots and American loyalty to this Nation. I don't give a shit what happens to shareholders on Wall Street, it is not like we are not already being ripped off in every sector? So their quantity hurts for awhile, their profit margin isn't filling the multi-billionaire pocket books, suck it up and get off your bum and start helping America with more production and jobs instead of selling out America. The thousands upon thousands of government workers pushing paper and propaganda, go get a real job and create a real business., USAID 10,000 people to push out federal funds to NGO's and foreign welfare programs? 10s of thousands at the FEDERAL DEPT OF ED that only funnels funds? The FEDERAL Department of ED does not create curriculum or efficiency testing., that happens at State levels. The HHS was paying 40 different Executives to do the same thing all separated "divisions" that don't work together for HHS that's INSANE collusion. The head of the USAID was being paid more than the President of The United States and was threatening Oversight Senate members anytime they asked for information. THESE ACTORS ARE CRIMINAL MOBS that must be taken down. IMO. Every FEDERAL AGENCY was incentivized to break our immigration laws and drive illegals to our borders. THAT IS THE GLOBALIST PROGRAM - FORCING IN FAIR TRADE IS NOT THE GLOBALIST PROGRAM, THAT WAS THEIR WINE AND CHEESE GRAFT WITH STUPID TRADE DEALS, that former Presidents signed onto, for favors no doubt. Same WEAK characters in the WTO where the US got the bill everytime member states did not pay their share of the treaty agreements. AMERICA GETS THE BILL EVERY TIME. This doesn't include the massive amount of money going out of this nation for billions in academic "studies", ( more graft hidden behind some woke agenda). SORRY, MOST AMERICANS ARE DONE WITH THIS AMERICAN WELFARE STATE. Okay so we suffer for awhile, maybe we don't get China plastics, and synthetic clothing for the poorer families for awhile, or even middle class purchasing of cheap china products ( aka Amazon product, mostly made in China)., sorry if I am not crying my eyes out for Amazon., he participated in the censorship and attacks on US Citizens regarding our elections and covid. IT IS RECKONING TIME.. My concern is not the tariffs, my concern is how our judicial system is being usurped by the same DC SWAMP THAT CREATED MOST OF THIS MESS OVER THE LAST 16 YEARS, AND THE BENEFICIARIES OF THE CORRUPTION. BUSH, CARTER, NIXON, WILSON, NO BETTER. JUST WEAK "LEADERS". CARTER HAD 14 OF 17 OF HIS CABINET MEMBERS IN THE TRILATERAL COMMISSION, BUSH SR. THE SAME. ALL OF THEM SELLLING OUT AMERICA. TIME TO REVERSE THE DAMAGE.

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Guido's avatar

I'm amazed you left the cork-sucking commie jihadist Hussein off the list.

Hell, he practically IS THE LIST!

The Bush era should have shown "Muricans why the CIA needs to be restricted from the Oval Office.

Onward, Christian soldiers!

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Christina Kinne's avatar

True he was the NEWEST RACISM CARD AND BEGAN THE BREAKING DOWN OF IMMIGRATION LAW WITH HIS " REFUGEE" PGM UK FOLLOWED SUIT.

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B Bulluck's avatar

Yes!

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AmericanMutt's avatar

This is obviously not his field of expertise. Yes, the richy richest are upset that paying American livable wages will reduce their billions and millions. Rich elites and academic govt dole types don't seem to understand that if you make 60K it's a lot easier to buy stuff then if you make 30K. I've lived this and can tell you tariffs don't work for the rich but they work great for the middle class and people who work for a living.

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Christina Kinne's avatar

I would just love Martin Armstrong, yourself or anyone else purporting the doom and gloom and recession, and how people will die! To give their reasoning and stats. People are dying now all over the world in poor countries where criminals are running the show. Geeze, millions died right here in the USA WITH A BIO-WEAPON FUNDED BY A MILITARY-MEDICAL COMPLEX THAT CARES NOTHING FOR LIFE., the actual facts were covered up until they had to be sued for informed consent of what they were mandating during Biden's administration. Are we to just move on and forget what they did? All across the globe, 2008 pillage, 2019 pillage, Ukraine/Russia pillage. And now we are going to cry because the poor guys on Wall Street's shares are going to crash? Frankly, I don't care about Billionaires that manipulate the markets, so their insider trading on US FEDERAL FUNDS gets disseminated to their DC playboys and girls, that get paid to lie to the American public. TIMES MUST CHANGE.

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Ernie Boxall's avatar

Where are the Dr's rebuttals to our comments. He couldn't be more wrong because no one like PRESIDENT TRUMP has brought tariffs to the table before... WAIT! I'm wrong...PRESIDENT TRUMP used them to advantage in his first term.

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Tom Slick's avatar

If Trump’s tariffs are going to destroy the global economy, why haven’t the tariffs that 170 countries charge on US goods destroyed the global economy?

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FreedomFighter's avatar

I don't usually disagree with the good doctor, but it is not likely that the Trump tariffs will put the world into the Great Reset. I hope the doctor has made a faulty diagnosis. The tariffs will initially hurt the poor and middle class with fallen stock prices and higher costs for products. My main source of income is Social Security, augmented by a small portfolio of stocks. So far, Trump has cost me money I can't afford to lose. If the tariffs cause the collapse of the US financial system, we will be in for a bad recession or maybe even a depression. This would ricochet around the globe, causing the collapse of many countries, something the WEF and friends will be extremely happy with. But, this scare propaganda is just that, until and if the results are as forecast. However, I am ready to patiently wait and see what the outcome actually is. Tariffs did work before we tossed our financial system in the trash and let the Fed handle it. They could work again.

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Neil Heke's avatar

Looking from the outside in I would have thought getting rid of the debt and creating jobs is first and foremost. Yes it maybe that tariffs are counter productive for a place like NZ but we already have tariffs on iron and aluminium and we're to small to be of any threat anyway. It doesn't really matter for us. We're not in a position to compete and I don't see that we should anyway. As yourselves we're better off looking after our own. With the economy in a dodgy position everything helps. You can always undo Tariffs later. What does interest me though is how China will react to it all. I don't have any sympathy for China I hate Chinese made goods for various reasons but if there's any upheaval it's possible they will cause some distraction if they're not already.

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Tom Slick's avatar

NZ charges a Goods and Services Tax (GST) of 15% on most imports. That’s essentially a tariff.

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Neil Heke's avatar

I suppose you could call it a tariff since it was imported from the English bank but gst is charged on every item you buy not just on imported goods. Truth be known I detest any tax. It's nothing but theft and it's the very thing that is used to enslave the people.

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Gas Axe's avatar

Klaus stepped down and has gone to his Bunker. This is not the great reset IMO. This is the collapse of the economy and society as we know it. Not even the banksters will make it out of this one. They were bankrupted 20 years ago. I doubt there will be any winners in the demolition depression.

This 600 trillion dept bubble popped and most people have their heads up their asses.

I have been preparing for decades for this and I'm not ready. I'm going to have work harder than I ever have now.

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Alexander Scipio's avatar

Ridiculous.

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Lawyerlisa's avatar

China is coming for the US in every stretch of the imagination. The focus should be there and on aligning countries to cull the impeded CCP and globalist regimes in their countries.

Canada is now polluted by ccp influence in the liberals.

Tariffs are two things an economic tool. And the big thing distracting us.

So let's say first he hampers the globalist order through cutting USAID.

Then money dries up in globalist orders through tarriffs.

Maybe it's a strategy.

Canada is in a kinetic war through fentanyl cartels.they are killing an entire generation. They are aiming for our kids. Follow the Bureau to see the system capture here. Public health is China. The WHO is China.

He may be playing the globalist and making a sweep tactically.

I'm watching. The China liberals here killed our economy system wide for a decade. The tarriffs are the squeeze. But we are also taxed by nonstop crime and the refusal to jail criminals here. Emotional, moral physical and financial tax.

I'm watching. Observing. And not decided.

But one play i see, if you are on antidepressants or sleeping pills etc and they come from China, talk to your doctor about weaning. What happens if all of a sudden the 70 per cent medicated have to go cold turkey? And the side effect is mass suicide. Is there another mass death in the making?

On the poor regimes embedded by globalists, they already ARE on a death March. Maybe Trump is still going for the head of the snake.

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Stegiel's avatar

"I believed, and hoped, that it might be a gradual process – giving us plenty of opportunities to fight back and defend ourselves."

Tell me is the blocking force an instinctual triumph say Primate dominance? Grim fate driven by the folly of mortals say Smith's inexorable Invisible Hand? Capricious chaos like Dame Fortuna? Nay. Learned astrologers from Alexandria teaching how the stars have stopped the people, united, who never will be divided from saying as sure as the sun will shine I'm gonna rise up and take what's mine and tear this old social structure down!

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Frances Burger's avatar

Well, that was gloomy. I hope you're wrong. For myself, I'm taking a wait and see approach.

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RoadChaser's avatar

Sounds like you're worried Vern. Have a glass of raw milk it'll settle you down.

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