Donald Trump’s top economic advisor Stephen Miran revealed that Washington’s strategy is to use tariffs to force countries to pay the USA tribute to maintain its global financial and military empire.
Trump, the US and most of the Western nations are completely delusional and do not live in reality but a fantasy in which they are the supposed strongest that will always get their way
Reality is gonna slap them so hard in the face in the coming months and years that they will finally be forced to eat the humble pie they have been avoiding through treachery and deception for the last 500 years... Unfortunately for them, it's a fucking stale and rotten pie by now and you have no choice but to still eat it as the rest of the planet of enormously fed up with carrying your cross for you while you look down your noses at us
Bon appetit, and may you get all that you deserve for all the nonsense you have put the rest of the planet through these last centuries and you guys will reap all your dues and let me be frank, they are mostly bad to evil and negative
Thank you Ben Norton for putting all this together so succinctly. It goes to show that not only is Trump and fucking moron but that his advisors are also.
The whole basis of the empire has been a fraud from day one as the empire manufactures enemies to justify its empire and the military industrial complex which is its de facto ruler. It is a warfare state exhausted and broke from too wars and corruptions. As long as the MICC rules America it is a totally FU dysfunctional country.
Trump and his thugs just can't accept the reality the world is in constant change and while the US has been squandering trillions on wars and militarism others have been building better economies for the future and have no interest in war.
His fatuous claim that the world community are a bunch of free loaders is utter nonsense. He knows nothing of history and confirms it daily. He might want to read some books on the Dulles brothers and others. History is the ultimate arbiter of events and he is on the losing end. He is a bankruptcy trustee doing a lousy job
“Pay us “protection fees” or we will make the neighbourhood unsafe and destabilise you”.
Bog standard gangster pitch. And not a surprise from an administration whose foreign policy is devised by neocon Zionists, despite his claims that he would “drain the swamp.”
Was blood curdling to hear Steven Miran the neocon mastermind deliver off his meticulously prepared gaslighting-filled threats. Clearly well spoken, well educated at the finest universities…and with a mind so poisoned that he thought nothing of reeling off blatant lie after blatant lie, nor of issuing gangster threats to billions of people.
This is the type of guy who a century ago would have been busy at a desk in a government minsitry with carefully sharpened pens drawing plans for gas chambers or invasions of countries.
Other countries don't pay the tariffs we impose. American importers pay them. Foreign countries are unaffected in the deal. The Trump administration is being deliberately misleading about this.
Most nations that currently HOST US military bases can simply EVICT USA off! Japan HOSTS the most US military bases at 122. Canada has 17. UK has 17. EU nations- Germany has the most at 100. Jordan has 3. Greenland hosting 18 US MILITARY BASES appx 9000 Americans. Just EVICT and have substitutes lined up from Germany. France ( France has nukes) UK has nukes. Jordan has nukes/silos. Say BYE BYE to USA. Side with a RELIABLE NATION such as China. Forget China mistreatment of Uighurs for now because USA is deporting LEGAL residents to gulags and Canadian visitors are IMPRISONED because they criticized putin or trump! No more HOSTING USA military. Ba bye
Japan holds most of USA debt./fed bonds. China is 2nd. Call it in! USA goes bankrupt instantly!
China has 70 MILLION military members vs USA 1.2 mn VOLUNTEERS. And trump just fired 900 top ranks! Best of the best!
EU. Greenland. UK. Japan would have to agree to give over Taiwan & SKorea. And the rest of world would have CHINA be the super power vs USA. Trump handed it over due to his incompetence ON EVERYTHING!
And if USA ever wants to be invited back into the world trade- USA STARTS FROM BOTTOM. USA must DISARM all nukes! USA can NOT be trusted! They voted for trump TWICE. View USA just as world views NKorea & Iran & Putin. Too irrational & ideology is terrorism. Never a superpower for another 100 years or so. China even ended ALL ITS COAL MINING PLANTS! Superpower in renewable green energy!
Learn MANDARIN! No need to force American English on everyone anymore
Hudson Institute is neo-liberal, use your terms properly. Neo-conservative is followers of Leo Strauss, another scum bag, but different. A number of years ago the US _had_ to change from a trading surplus to a trading deficit to ALLOW the US$ to act as world-reserve currency. You CANNOT have both a trade surplus and a world-reserve currency. I'm flunking Stephen Miran.
What you have to understand is in https://en.wikipedia.org/wiki/Triffin_dilemma that early on, after 1933, US had to run a balance of payments current accounts SURPLUS to maintain confidence in US$. In 1944, with implementation of the Breton Woods Agreement, the US had to switch to permanent trade deficit to maintain US$ as world-reserve currency, since the basis for that agreement was for the US to monopolize that position. To have enough US$ in circulation around the world to achieve this goal, you put that money out there as either buying more imports than you export, or you do lots of foreign aid. The Trump regime has cut both. What Trump is on-shoring, is world-class poverty, not manufacturing. Enjoy! Try to understand economics better.
Triffin Dilemma is sort of a fake theory used to justify US Federal Reserve issued Treasury bonds are necessary evil to finance US trade deficits and further strengthen Dollar hegemony. This are not true when US have weakened military superiority and cannot defend the Dollar as global reserve currency anymore.
Why Germany and Japan have world class manufacturing and is top global exporters of manufactured with a trade surplus and have strong currency ?
Trump is never interested in labor intensive manufacturing to be done in US.
Trump want high tech manufacturing like TSMC to be done in US.
When backers 'criticise' and warn it's all theatre. Trump never planned to go through with global tariffs. China is the target. It's like developers who plan to build 25 flats appearing to back down to local public pressure and only build 15. They only ever intended to build 15 but they get to build them with people thinking they won and making no more complaints.
Trump, the US and most of the Western nations are completely delusional and do not live in reality but a fantasy in which they are the supposed strongest that will always get their way
Reality is gonna slap them so hard in the face in the coming months and years that they will finally be forced to eat the humble pie they have been avoiding through treachery and deception for the last 500 years... Unfortunately for them, it's a fucking stale and rotten pie by now and you have no choice but to still eat it as the rest of the planet of enormously fed up with carrying your cross for you while you look down your noses at us
Bon appetit, and may you get all that you deserve for all the nonsense you have put the rest of the planet through these last centuries and you guys will reap all your dues and let me be frank, they are mostly bad to evil and negative
Well written.
Thank you Ben Norton for putting all this together so succinctly. It goes to show that not only is Trump and fucking moron but that his advisors are also.
The whole basis of the empire has been a fraud from day one as the empire manufactures enemies to justify its empire and the military industrial complex which is its de facto ruler. It is a warfare state exhausted and broke from too wars and corruptions. As long as the MICC rules America it is a totally FU dysfunctional country.
Trump and his thugs just can't accept the reality the world is in constant change and while the US has been squandering trillions on wars and militarism others have been building better economies for the future and have no interest in war.
His fatuous claim that the world community are a bunch of free loaders is utter nonsense. He knows nothing of history and confirms it daily. He might want to read some books on the Dulles brothers and others. History is the ultimate arbiter of events and he is on the losing end. He is a bankruptcy trustee doing a lousy job
“Pay us “protection fees” or we will make the neighbourhood unsafe and destabilise you”.
Bog standard gangster pitch. And not a surprise from an administration whose foreign policy is devised by neocon Zionists, despite his claims that he would “drain the swamp.”
Was blood curdling to hear Steven Miran the neocon mastermind deliver off his meticulously prepared gaslighting-filled threats. Clearly well spoken, well educated at the finest universities…and with a mind so poisoned that he thought nothing of reeling off blatant lie after blatant lie, nor of issuing gangster threats to billions of people.
This is the type of guy who a century ago would have been busy at a desk in a government minsitry with carefully sharpened pens drawing plans for gas chambers or invasions of countries.
Blood curdling.
We are getting closer. Great article.
Other countries don't pay the tariffs we impose. American importers pay them. Foreign countries are unaffected in the deal. The Trump administration is being deliberately misleading about this.
Pay tribute and trillion$ to thank the war-provoking blood-soaked planet-wrecking peace-destroying psychopathic US-NATO-Israel trifecta / triumvirate - on our bended knees...
(Paul G)
lll
Most nations that currently HOST US military bases can simply EVICT USA off! Japan HOSTS the most US military bases at 122. Canada has 17. UK has 17. EU nations- Germany has the most at 100. Jordan has 3. Greenland hosting 18 US MILITARY BASES appx 9000 Americans. Just EVICT and have substitutes lined up from Germany. France ( France has nukes) UK has nukes. Jordan has nukes/silos. Say BYE BYE to USA. Side with a RELIABLE NATION such as China. Forget China mistreatment of Uighurs for now because USA is deporting LEGAL residents to gulags and Canadian visitors are IMPRISONED because they criticized putin or trump! No more HOSTING USA military. Ba bye
Japan holds most of USA debt./fed bonds. China is 2nd. Call it in! USA goes bankrupt instantly!
China has 70 MILLION military members vs USA 1.2 mn VOLUNTEERS. And trump just fired 900 top ranks! Best of the best!
EU. Greenland. UK. Japan would have to agree to give over Taiwan & SKorea. And the rest of world would have CHINA be the super power vs USA. Trump handed it over due to his incompetence ON EVERYTHING!
And if USA ever wants to be invited back into the world trade- USA STARTS FROM BOTTOM. USA must DISARM all nukes! USA can NOT be trusted! They voted for trump TWICE. View USA just as world views NKorea & Iran & Putin. Too irrational & ideology is terrorism. Never a superpower for another 100 years or so. China even ended ALL ITS COAL MINING PLANTS! Superpower in renewable green energy!
Learn MANDARIN! No need to force American English on everyone anymore
https://substack.com/@calluramichael491850/note/c-108038605?r=1ii73h&utm_medium=ios&utm_source=notes-share-action
Glad I could help with the 'tributes' framing. :)
(a reference to post-republic Rome; current instances of which I'm seeing everywhere)
Hudson Institute is neo-liberal, use your terms properly. Neo-conservative is followers of Leo Strauss, another scum bag, but different. A number of years ago the US _had_ to change from a trading surplus to a trading deficit to ALLOW the US$ to act as world-reserve currency. You CANNOT have both a trade surplus and a world-reserve currency. I'm flunking Stephen Miran.
US have never intended to want a trade surplus with other nations.
US just want a balanced trade with some deficit every year.
What is the use of having a world reserve currency when you have to depend on foreigners for your critical supply chain ?
What you have to understand is in https://en.wikipedia.org/wiki/Triffin_dilemma that early on, after 1933, US had to run a balance of payments current accounts SURPLUS to maintain confidence in US$. In 1944, with implementation of the Breton Woods Agreement, the US had to switch to permanent trade deficit to maintain US$ as world-reserve currency, since the basis for that agreement was for the US to monopolize that position. To have enough US$ in circulation around the world to achieve this goal, you put that money out there as either buying more imports than you export, or you do lots of foreign aid. The Trump regime has cut both. What Trump is on-shoring, is world-class poverty, not manufacturing. Enjoy! Try to understand economics better.
Triffin Dilemma is sort of a fake theory used to justify US Federal Reserve issued Treasury bonds are necessary evil to finance US trade deficits and further strengthen Dollar hegemony. This are not true when US have weakened military superiority and cannot defend the Dollar as global reserve currency anymore.
Why Germany and Japan have world class manufacturing and is top global exporters of manufactured with a trade surplus and have strong currency ?
Trump is never interested in labor intensive manufacturing to be done in US.
Trump want high tech manufacturing like TSMC to be done in US.
You have zero understanding of economics.
When backers 'criticise' and warn it's all theatre. Trump never planned to go through with global tariffs. China is the target. It's like developers who plan to build 25 flats appearing to back down to local public pressure and only build 15. They only ever intended to build 15 but they get to build them with people thinking they won and making no more complaints.