Stalin
Well-Known Member
- Joined
- Apr 4, 2008
- Messages
- 3,064
You do not have to take my word for this...
"...Trump has talked about imposing tariffs on the world since he first rose to prominence in the 1980s, when his target was Japan. In a political career notable for its jack-knifes in policy and direction, tariffs – “the most beautiful word in the dictionary” – have been a constant. But this is about far more than his long-cherished whims. However inconsistent or even confused Trump may sometimes appear to be, those around him have a clear-eyed view of what they want to achieve.
His Treasury secretary, hedgefund billionaire Scott Bessent, has spoken of a “global economic reordering” that he intends to shape to the benefit of the US’s elite. Trump’s new chair of the Council of Economic Advisers, Stephen Miran, wrote a lengthy paper, A User’s Guide to Restructuring the Global Trading System, shortly before his appointment.
The latter is particularly ambitious – detailing how the US should use not only tariffs but also the threat of withdrawing its security support to compel its friends and allies to accept cuts in payments due from the Federal Reserve on their US Treasury bills. This would be a potentially massive loss to them, akin, in reality, to a US debt default. But it is tariffs that are the cutting edge of the plan – leveraging the US’s power as the world’s largest consumer and greatest debtor to compel other countries into a negotiation on terms.
more at https://www.theguardian.com/commentisfree/2025/apr/07/donald-trump-world-economy-shock-us
here is miran's economic miracle : https://www.hudsonbaycapital.com/do...o_Restructuring_the_Global_Trading_System.pdf
what could possibly go wrong
comrade stalin
moscow
"...Trump has talked about imposing tariffs on the world since he first rose to prominence in the 1980s, when his target was Japan. In a political career notable for its jack-knifes in policy and direction, tariffs – “the most beautiful word in the dictionary” – have been a constant. But this is about far more than his long-cherished whims. However inconsistent or even confused Trump may sometimes appear to be, those around him have a clear-eyed view of what they want to achieve.
His Treasury secretary, hedgefund billionaire Scott Bessent, has spoken of a “global economic reordering” that he intends to shape to the benefit of the US’s elite. Trump’s new chair of the Council of Economic Advisers, Stephen Miran, wrote a lengthy paper, A User’s Guide to Restructuring the Global Trading System, shortly before his appointment.
The latter is particularly ambitious – detailing how the US should use not only tariffs but also the threat of withdrawing its security support to compel its friends and allies to accept cuts in payments due from the Federal Reserve on their US Treasury bills. This would be a potentially massive loss to them, akin, in reality, to a US debt default. But it is tariffs that are the cutting edge of the plan – leveraging the US’s power as the world’s largest consumer and greatest debtor to compel other countries into a negotiation on terms.
more at https://www.theguardian.com/commentisfree/2025/apr/07/donald-trump-world-economy-shock-us
here is miran's economic miracle : https://www.hudsonbaycapital.com/do...o_Restructuring_the_Global_Trading_System.pdf
what could possibly go wrong
comrade stalin
moscow
