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Joined 2 years ago
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Cake day: August 7th, 2023

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  • What I find interesting about this is that we had a similar situation in the UK with Liz Truss. We had a PM who announced a surprise budget of tax cuts, which ok, were a little bit stronger than ones the Tories had done previously. This caused a shock to the bond markets, cost quite a lot of money and she was immediately removed from office by her own party and her budget cancelled.

    Trump has caused chaos and cost the US billions with his tariff talk, alienated most western allies, damaged the US MIC enormously and caused deaths in Ukraine by cutting support. The damage done is incalculable, it is not in the same universe as the damage caused by Liz Truss. The only thing that makes sense is that Republican party want America ruined and they aren’t going to stop unless they are forced to. I think what Trump has already done should qualify as treason on the basis of undermining the USA and supporting its enemies.




  • But they have virtually nothing to offer internationally hence the trade deficit, that trump is so upset about, in the first place

    I don’t think it’s fair to say that America makes nothing. A big part of that trade deficit (certainly with Canada) is down to the relative size of the consumer markets - America has a population of over 330 million people to Canada’s 40 million so of course America will be a net importer of Canadian goods.