FT ADMITS TRUMPS TARIFFS ARE CHAOTIC AS THE DISASTER HE IS CAUSING CAN NO LONGER BE HIDDEN EVEN BY THE CONTROLLED, PROPAGANDA MEDIA
THE US ECONOMY AND DOLLAR, MILITARY ARE NOW ON THE VERGE OF COMPLETE COLLAPSE, WILL TAKE THE EURO DOWN WITH THEM
The FT s Alan Beattie has lifted the veil on the extraordinary, incoherent, mad, frankly, insane, tarrif trade war conducted by Trump, Bessent and Lutnik in an article called
Trump’s tariffs turn from confused to chaotic
https://www.ft.com/content/5de3f48d-61a5-49fd-8bc8-62adc04b73d8
Refreshing to see the FT actually admitting Trump s tariffs are chaotic madness , just what is to be expected when a blackmailed group of clowns are installed into office and controlled by an even tinier group of even bigger clowns cosetted by a complicit media.
Because Trump is wielding executive and emergency powers "Emperor Nero style" in conducting his whimsical tariff terror, it seems no one in the USA can stop him inflicting fatal damage on the US, UK and Western economy.
Some extracts below from Alan Beattie s superb article. His careful choice of words give some idea of why the US economy and dollar are heading for collapse and the BRICS are set to be the new global super power....
"imposing 39% tariffs....for a reason no one can entirely fathom"
"import tax scattergun"
"most extraordinary recent act is the ad hoc..."
"risible...at least vaguely related"
"transmutation...into a Christmas tree on which ...have hung their...whims has demolished any sense of coherence"
"(the cip levy) makes no sense on a number of levels"
"by his own logic hampering exports will increase, not reduce, trade deficits."
"campaign of ad hoc coercion"
"Coherent it is emphatically not, especially since it is not clear what is actually agreed."
"No one really believes"
"Nor are Trump s antics conspiciously a success for the US economy"
"measures of output are all looking pretty shaky"
"Turnberry Trumpononics"
And
"China’s industrial policy is far more deliberate and precise than Trump’s practice of basing policy on the last person he spoke to."
" The rising Chinese dominance of global electric vehicle (EV) production reflects an industrial policy stretching back more than twenty years"
"Critically, it also created a ferociously competitive domestic market"
"It didn’t happen because a car executive buttonholed Hu Jintao at a golf club some time in the 2000s and persuaded him to give their company a tax credit in return for flattery and a few million in campaign contributions"
"Trump’s assault on the independent institutions that underpin the US economic system including the Federal Reserve and the statistical authorities is....more serious.
"Subverting the Fed and causing it to fly blind without reliable data will be far more dangerous than clowning about with tariffs.
"But so far Trump’s trade follies are testing the resilience of the system without fundamentally destroying or remaking it."
So far.
You get the gist.
As Candace Owens said faced with Macron s bizarre lawsuit, we are dealing with people who seem to be insane, mad, living in a bubble where they may imagine everyone in the world is a tiny child locked in a basement with no one watching as they approach when the whole globe is now watching them in 2025 and waiting for the Epsteinv videos showing the elite raping kids.
Trump actually seems to believe his own lies about his own genius rather like Bill Gates even as eveything collapses around them as the FT has now had to admit.
Credit to Alan Beattie for trying to describe a chaotic and ever changing mess that is so very hard to describe because the only logic is in Trump s mad mind and his equally mad circle of JD Vance, Rubio and Bessent.
Bottom line.
Trump and his crazies are so off the rails and things are now so bad that even the FT can not and does no longer want to hide it.
Next, the stock market bubble may burst as the AI hype evaporates.
The dollar may inflate and hyperinflate as Trump and his cronies throw on the printing presses to pay for the ever growing fed gov debt.
The dollar will fall in value against other major currencies making imports super expensive and adding to the wave of inflation.
And the FT does not even mention the way the US def industry has been cut off from rare earths and 80,000 components with no replacements in sight for most of these for years if ever because the US industrial base is so weak, its skilled workforce so bare, its R and D base so thin and its business, investment climate so poor, its debts so vast and its politicians and media so corrupt and incompetent.
Months too late the Pentagon has opened its wallet to try to create a rare metal industry, setting a price floor, double that of China, ensuring inflation.
Recall how Zerohedge has been opposed to price controls when it comes to the kinds of things people need like groceries. But when it comes to a costly scramble to get some rare metals at some point in the vague distance, an inflationary price floor twice the current market price is suddenly praised as a great solution for the US tax payer even as the gov debt explodes
Because, of course, the US tax payer has to bleed for Trump s incompetence. Of course, students should be almost put in prison for unpaid college debts, families on SNAP starve, thousands of gov workers be fired only to allow the Pentagon to pay extra billions unnecessarily for rare eath metals because Trump is a clown who has acquired his position not through talent, knowledge or competence but through blackmail, through acting and PR!
https://www.zerohedge.com/commodities/rare-earths-rally-after-department-defense-sets-price-floor
Russia would be mad to enter into any deal with a blackmailed clown like Trump let alone a ceasefire to allow the US and NATO to rearm or a business venture with Trump in Alaska or the Ukraine or the Artic or anywhere elkse now everyone knows he and JD Vance and Rubio are almost certainly blackmailed by the very circle behind Zelensky and laying traps for Russia and China and the BRICS.
https://www.youtube.com/watch?v=3N0HlfkHdI4
With Ukraine army s morale collapsing, and polls showing only 16% of Germans would defend Germany if it were invaded, the discredited elite have few options.
The US public know Trump and Vance are almost blackmailed by Epstein and will not follow them into any war if Trump gives security guarantees to the Ukraine only to launch false flags (same for Netanyahu s plan for Greater Israel) because Trump, Vance and Rubio have no legitimacy.
As a blackmailed Prez, Trump has no authority to negotiate or sign a peace deal.
Having failed to fulfil their pledges whether it comes to censorship (Candace Owens, myself), to holding the covid jab profiteers to account, to ending the war in the Ukraine by cutting off weapons and funds and ousting Zelensky, to making America prosperous again, Trump and Vance are heading for a wipe out at the mid terms.
The only way the Republicans can rescue the party is by exposing Trump and his crony criminals and their fake alt media like Tucker Carlson and Bannon and putting into a position of leadership politicians like Marjorie Taylor Green and Thomas Massie who carry out what the voters want.
Trump, Vance and his cronies seem to be desperately trying to rig the mid terms already. They will fail and face prison for installing a blackmail ring in the WH and disenfrachising the Americans and committing grave crimes against the American public, including the ongoing covid jab crimes also against a reporter.
At the speed at which the US eocnomy is collpapsing also due to Trump s fantastical tariffs, they may well face prison in Russia along with Soros, Gates and Biden.
At the end of the day, neither Trump, Vance and Rubio nor Macron or Merz or von der Leyen have the military and economic power to make Russia or China do anything in 2025.
The best they can hope for is that Putin does not take all of the Ukraine because there is far more support for Russia among the Western Ukrainians than the Western media admits, which is why Zelensky has had to install a terror state and use Stalin and Gestapo tactics to force conscripts to fight at the front.
From media
Donald Trump is preparing to offer Vladimir Putin access to rare earth minerals to incentivise him to end the war in Ukraine.
The US president will arrive at the much-anticipated meeting with his Russian counterpart on Friday armed with a number of money-making opportunities for Putin.
They will include opening up Alaska’s natural resources to Moscow and lifting some of the American sanctions on Russia’s aviation industry, The Telegraph can reveal.
Proposals include giving Putin access to the rare earth minerals in the Ukrainian territories currently occupied by Russia.
Scott Bessent, the US treasury secretary, is understood to be among administration figures briefing Mr Trump ahead of his meeting with Putin in Anchorage.
https://www.telegraph.co.uk/us/news/2025/08/13/trump-to-present-minerals-deal-to-putin-in-alaska/
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