Reported as US News, which not World, but the tariffs have an impact on virtually every country on the planet (Russia excluded), so I’ll allow it.
I read the oil prices plumeted along with the stocks and crypto currencies, so Russia is indirectly impacted as well. Does that make up for all the bullshit? No, but it makes my day a little bit better.
That was the goal.
In Rubio’s confirmation hearing, he literally said that the goal of the administration is to end global Post WWII stability.
What would be the point of ending the stability?
To make the poor poorer by the super rich sucking up all assets from everyone who goes belly up
They were already doing that, only in a slow and stable manner.
There are difficult times ahead - but in the end it will make Europe more united and stronger!
“Stronger” isn’t automatically a good thing.
It’s like the old joke; I work out three times a day; get to bed every night at 9 pm; read at least two good books a week; don’t eat a lot of candy and treats. I’ll be so happy when I get out of prison.
It will most likely make Europe, along with the US and most of the world, poorer than would otherwise be the case.
Now, now. The rich, especially in the US, will become richer by a lot. And that’s all that matters… for them.
Or more fascist, who knows?
isn’t that exactly what trimp is saying it’ll be like for america
Cost us all? Maybe the business owners and Americans. And probably only American businesses owners. USA isn’t the entire world, if you can’t export to America you’ll export to Canada, France, Kenya, Indonesia, Japan.
In all fairness, the last 80 years of economic order has been shit for 99% of the population. So I don’t get too excited about experts that suggest going back to a less broken system as the answer. We need to rethink our whole economic systems outside of the current ideas.
The world economic system includes many places that aren’t the USA and many of them were doing pretty well. That to me would suggest that there’s another problem to blame for the crappy situation people are dealing with in the US. I’m all for rethinking a system to help benefit more people but I really don’t think that’s what’s happening here at all.
What do you understand about the economic system? For example, how the money supply is created, and the ramifications of “interest” and “inflation”. What you’ll find if you do, is that the system is fundamentally broken if your goal is sustainability on this planet for any serious length of time.
Most of the current world order couldn’t care less, clearly or we’d have done things about climate change that weren’t just technical advancements buying us time if making any difference whatsoever.
Real austerity for the wealthy could pay for solving most of the world’s issues, several times over. And we have the resources to do it globally. It shouldn’t be a matter of “cost”.
But it’ll probably never happen, unfortunately.
