THE CHINA BLOCADE DEBACLE ILLUSTRATES WHY MY CASE IS THE LITMUS TEST OF WHETHER FREE SPEECH ABOUT VITAL FINANCIAL, ECONOMIC ISSUES IS ALLOWED IN THE USA
Trump s crazy blockade war has plunged US consumers, businesses and financial markets into chaos.
It has sparked a flight into gold, a sell off of US debt and shares and signals the end of the USA as a major power.
The USA is now set to lose its chance to become an equal partner in a new global multiantional order and to become a third world country, bought up by China and the BRICS.
This, because of an egregiousa act of self demolition, because the "truly moronic" trade blockade policies of Peter Navarro, "dumber than a sack of bricks" as Elon Musk put it, has shattered trust in the US government and dollar.
The end of the dollar s domination of the global financial and political system is now in sight.
https://www.mmnews.de/wirtschaft/232164-flucht-ins-gold-kippt-die-us-weltordnung
Investors rushed to sell US bonds, traditionally a safe haven at a time in crisis, sending interest rates on 10 and 30 year debt soaring.
Most shocking was that Trump and his team, including Scott Bessent, seemed shocked at their miscalculation and that interest rates did not fall as they would normally have done given the fact Trump and his team had just induced a recession.
Investors fled to the euro and to gold or to cash.
What was presented to the US public as an attempt to resurrect America s desolate manufacturing base, turned into a fiasco because Trump and his crnies refused to appraoch the problem with the successful formula used by China, which includes printing free money and giving businesses cash grants to invest, research new products as dicussed by Professor Franz Hoermann in Der Standard in 2010 already.
Instead, the clique of private banking cronies introduced tariffs as a de facto blockade of vital imports without any plan of how to get companies to manufacture more in the USA indebted and shrinking economy, now supplying only 16% of the world s trade (and much of that from its out of date weapons from its scare military manufacturers)
American consumershave started to hoard imports from China and other countries which are subjected to Trump s blockade warfare in a warning signal to investors that a largely deindustrialized USA cannot supply the missing products and the American consumers know it and no longer trust Trump.
Trump s team has slapped a tax of 125% on US importers of Chinese products which include may products used day to day, plunging many US businesses into crisis and leading to spikes in demand for products.
The blockade could have knock on effects and result in other products becoming scarce and even in empty shelves.
https://www.mmnews.de/wirtschaft/232258-usa-sind-die-regale-bald-leer
In acknowledgement of the US dependence on China for vital products, Trump s team have exempted computers, smartphone and electronics made in China from the import tax benefitting Nvidia and Apple.
https://www.mmnews.de/wirtschaft/232207-finanzmaerkte-trump-chaos-geht-in-die-naechste-runde
In the next 80 or so days, Trump and his team have to seal about 150 bilateral trade deals, which will affect the prices of shares and commodities, including a deal with the UK.
The UK had to rush through the emergency nationalisation of British Steel to stop it being closed by its Chinese owners, showing the extent to which what remains of UK manufacturing depends on China
Trump s blockade warfare is taking place against a time of unprecedented global tensions of a lost proxy war between NATO and Russia and tensions with Iran.
If Trump triggers a war with Iran, it could send oil soaring, adding to the recessionary factors.
As US bonds have lost their appeal as a safe haven, gold and silver have emerged as the winners with gold reaching an all time high of 3237 dollars per ounce.
Cyrpto has not benefitted so much from the uncertainy because crypto currencies are, essentially, a pnnzi scheme with no underlying value as well as competitors undermining what remains of demand for the dollar.
If interest rates on US bonds contnue to rise, it could set off a new round of the US debt death spiral
From media
US-Staatsanleihen gelten für Pensionsfonds als konservativer, dafür sicherer Hafen – doch selbst deren Kurse fielen vergangene Woche als Reaktion auf die Zollpolitik
Trumps, ein Zeichen, dass das Vertrauen in die US-Politik als stabilem weltweiten Faktor auch in der Wirtschaft schwindet. Wie die „NYT“ ausführte, verlor gleichzeitig
auch der Dollar gegenüber den Währungen wichtiger Handelspartner – eine unübliche Kombination.
Ein guter Teil der US-Staatsschulden werde von ausländischen Investoren gehalten, so die „NYT“. Japan etwa halte laut offiziellen Daten über eine Billion US-Dollar,
gefolgt von China auf Platz zwei mit 760 Mrd. US-Dollar, wobei China seit 2021 bereits deutlich reduziert habe. Einige Analysten sehen die Gefahr, dass ein schneller
Ausstieg ausländischer Investoren die US-Anleiherendite und die Inflation ansteigen lassen könnte.
https://orf.at/stories/3390594/
The euro has strengthened against the dollar, and this may make buying US bonds more attractive.
While Germany s DAX barely profitted from the flow of money from the USA, and Euro Stoxx 50 and US and Japan s stock markets fell, stock markets in Poland, Czech Republic and Hungary and also the Ukraine rose.
The biggest problem for the USA now is the widespread recognition that Trump and his team are more than incompetent.
They are truly moronic or dumber than a sack of bricks as Elon Musk called Navarro, the architect of this disaster.
Trump s Billionaire backer Peter Thiel, who employed JD Vance and Sebastian Kurz, admitted in an interview that the economic projections relied on consistently failed
to understand and predict what China was going to do in a trade war also.
This underlines the point that I am making that there can be no recovery for the USA without a free media.
There can be no free media without protection for reporters.
There can be no protection for reporters without prosecution of Billionaires and politicians who have committed crimes against a reporter.
Information is more important than corrupt Billionaires and politicians to the success of a country.
Accurate information, analysis, open discussion is the basis for good decisions.
If I could predict Trump s approach to the tariffs was going to be a disaster and that China would slap on retaliatory tariffs, so could US economists if they had the information.
They do not have the vital information about the way China can print money for free for ideological reasons. The private banking cartel which controls the media and politicians in the West have censored it. But in a sign this same cartel is truly crazy, they actually believed their own censored lies and act upon them only to be surprised when their actions backfire.
My record of predicting the record growth of China since 2010, as the trade alliance between Russia and China due to the Ukraine war, is really quite good.
I am not just censored, smeared on all social media by the US, UK and EU elite also merely for giving accurate, vital information! Consider that!
I am subjected to major crimes from Trump as well as the Biden administration.
Now the massive censorship apparatus the WEF elite has set up has backfired on them.
Trump and his cronies themselves seem to have no idea what to believe or not to believe they have saturated their environment and media with so many lies.
China, Russia do not have the same problem ever since Soros was caught in prosecutor probe D 15 218 in 2015.
They know what is a fact and what is a lie.
So should Trump and Thiel because they are the ones carrying out the censorship.
It is one thing to lie to others. It is another thing to lie to oneself as Nietzche said.
German, South Africa right wing Billionaire Peter Thiel should have paid attention to that.
Now, Trump, Thiel have set in motion the collapse of the USA because of their incompetence.
Unless they are removed and replaced by pragmatic people like Rand Paul, Chuck Grassley, it looks like the USA is set to become not a partner in a new global multiantional order but a third world country, bought up by China and the BRICS.
It is better to do this now using the proofs, than to wait any longer.
A desperate, illogical, truly moronic as Elon Musk described Navarrow deluded, criminal clique in the White House may try to start WW3, a false flag or even a pandemic and so trigger civil war.
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