- cross-posted to:
- world@lemmy.world
- cross-posted to:
- world@lemmy.world
cross-posted from: https://lemmy.world/post/24657192
Summary
In a virtual speech at the World Economic Forum, Trump suggested Canada could become a U.S. state to avoid his proposed tariffs on imports.
The remark elicited gasps from the audience.
Trump claimed the U.S. does not need Canadian lumber, energy, or vehicles, vastly overstating the trade deficit between the two nations.
He reiterated his intention to impose tariffs, potentially as high as 25%, on imports from Canada and Mexico starting February 1.
Economists warn such tariffs would raise prices for U.S. consumers.
Trump seems to have the goal of destroying the US from all I can tell. Our economy and power are so dependent on our connections to the rest of the world and he is burning them all down. The US dollar gets replaced as the fiat currency we are wholly fucked and this dumb shit is how that happens.
Inshallah
And the last gasp of our conservatives as the final pillar of the whitehouse collapses into a flaming wreck due to Trumps ridiculous toddler-like mismanagement of everything will be to blame it all on the Democrats.
Somehow, even with conservatives owning all the branches of government, it will be the Dem’s fault.
So what are the Dems doing to prevent any of this?
Hard to prevent when you are trying to get in front of the flood of dumb things being put out right now.
If Trump is serious about this it will be bipartisan by 2028 just like all the 2016 Trump policies that were bipartisan by 2020
LGBTQ+ and immigrant fear can convince conservatives of about anything.
Lol that’s just the narrative they need to fundraise another loss in the 2028 election.
And they’ll even say sorry for it because they consider it “impolite” and “not done” to talk back to the sitting government or some shit.
When Dollar is replaced as the reserve currency, America’s imports will shrink and there may be inflation. But it won’t result it in defaulting on its domestic currency.
Any austerity on the US will be self-inflicted (as it is in the UK and Europe). The unwillingness of the US Government to take over the economy from the parasites will make things much worse.
Who needs dollars when you have $TRUMP meme coins?
Bitcoin is a form of electronic token, so $TRUMPET
Now backed by your social security! Thanks Obama
Fair. I was just thinking what the monetary system really needed was to be more obscure, cartoonish, energy intensive and unstable.
Stop, I can only get so erect.
That’s the point, I think, as well. I could see Putin using the useful idiot to destroy the primary rival to its superiority. The US is incredibly difficult to invade. The intelligence apparatus is too ingrained in all our communication to avoid detection. If you can’t get the rot to start from the outside, go for the inside.
Damn these Russians making the US into warmongers. After all, stealing land is a completely foreign concept in America
let’s go comrade trump
If America is forced to accept austerity measures over our massive debt when the dollar is no longer fiat, regular people will be the ones who suffer sadly.
As long as the US dollar has maintained and will maintain its supremacy, regular people suffer all over the world for the comfort of treatlerites in the imperial core.
I’d rather the dollar crash so that the world has a chance.
Nice
He is preparing a firesale for the super rich…