Thursday, 17 April 2025

MUST SEE TALK BY JEFFREY SACHS ON TRUMP S "MICKEY MOUSE" BLOCKADE WARFARE, "CRAZY LAND" TARIFF EXECUTIVE ORDERS WHICH WILL LEAVE CHINA AS THE WINNER

 JEFFREY SACHS  SAYS TRUMP S BLOCKADE WAR IS  DUMB

MICKEY MOUSE IS SMARTER THAN TRUMP

THE USA IS IN "CRAZY LAND"

SUGGESTS TRUMP MAY BE  DELUSIONAL....(HERE IS THE REAL REASON WHY THE US DOLLAR IS DOOMED AS A RESERVE CURRENCY BECAUSE WHO CAN NEGOTIATE 150 TRAD EDEALS IN 80 DAYS WITH A CRAZY..)

POINTS OUT THE US POLITICAL ESTABLISHMENT HATES CHINA BECAUSE IT IS BIG AND SUCCESSFUL

ONLY 12 PER CENT OF CHINA S EXPORTS GO TO THE USA

SAYS CHINA WILL DO JUST FINE

SAYS TTRUMP WIELDING EMERGENCY EXECUTIVE POWERS ALLOWS HIM TO BYPASS SCRUTINY OF CONGRESS AND  UNILATERALLY CREATE DISASTER

NOTES THE POSSIBILITY OF INSIDER TRADING

HIS BLOCKADE WARFARE HAS PUSHED UP INTEREST RATES ON US DEBT AT THE SAME TIME AS IT is CREATING A RECESSION, INFLATION  IN THE USA WHICH SHOULD REQUIRE THE FED TO LOWER INTEREST RATES

FED NOW CAUGHT IN AN IMPOSSIBLE SITUATION OF HAVING TO RAISE INTEREST RATES ON US DEBT TO ATTRACT BUYERS

BUT LOWER INTERESTS TO STIMULATE THE COLLAPSING US ECONOMY

END OF THE DOLLAR AS A RESERVE CURRENCY IS NOW IN SIGHT

20 YEARS AGO CHINA HAD 8% OF THE SHARE OF GLOBAL MANUFACTURING

NOW HAS 30%

BEST OPTION IS TO REMOVE TRUMP AND HIS CRONIES AND REPLACE THEM WITH PRAGMATISTS LIKE JEFFREY SACHS, RAND PAUL


From media

Renowned economist Jeffrey Sachs tore into Donald Trump’s latest tariff threats, branding them “Mickey Mouse economics” and accusing the former president of unleashing chaos on global markets. In a scathing takedown, Sachs said Trump’s trade logic was so flawed that “he wouldn’t pass a basic econ class,” slamming the former president’s obsession with trade deficits as “childish and dangerous.” Sachs blamed Trump’s economic policies for triggering a $10 trillion loss in global wealth, warning that the U.S. is now flirting with authoritarianism under “one-man rule by emergency decree.” Dismissing Trump’s talk of foreign nations “cheating” the U.S., Sachs countered: “It’s not a trade issue—it’s a spending problem.” The blistering critique comes amid rising fears that Trump’s return to power could reignite economic instability worldwide.


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