 |
|
Burn it all Down - Globalization, once hailed as a panacea,
Posted on: April 15, 2025 at 13:58:40 CT
JeffB MU
Posts:
72409
Member For:
21.47 yrs
Level:
User
M.O.B. Votes:
0
Burn it all Down
Globalization, once hailed as a panacea, has proven to be fundamentally corrupt and needs to be blown to kingdom come
Matt Taibbi - Apr 11, 2025 ∙ Paid
https://substack.com/home/post/p-161102838
From NPR this morning:
But, by the end of the day, Trump apparently had reached his threshold of market pain. He reversed course, ditching some of the tariffs, because, he said, people “were getting a little bit yippy, a little bit afraid.”
The market rallied Wednesday, but with Trump increasing tariffs to 145% on China, by Thursday, the Dow was down again. And, remember, China has leverage, too, because it buys a lot of U.S. government debt, and they seem to have every intention of using it.
Translation: a serial trade and human rights violator that with the help of decades of corrupt politicians from both parties polluted, price-dumped, and stole its way to a generation of American jobs and revenue, now owns so much of our debt that we must put up with its **** indefinitely. That’s the point of view of our own federal news agency. We have officially cucked ourselves past the point of no return.
Trump or no Trump, the international trade system needs to be blown to hell:
(the rest of the post is for paid subscribers)
Globalization, once hailed as a panacea, has proven to be fundamentally corrupt and needs to be blown to kingdom come
Matt Taibbi - Apr 11, 2025 ∙ Paid
https://substack.com/home/post/p-161102838
From NPR this morning:
But, by the end of the day, Trump apparently had reached his threshold of market pain. He reversed course, ditching some of the tariffs, because, he said, people “were getting a little bit yippy, a little bit afraid.”
The market rallied Wednesday, but with Trump increasing tariffs to 145% on China, by Thursday, the Dow was down again. And, remember, China has leverage, too, because it buys a lot of U.S. government debt, and they seem to have every intention of using it.
Translation: a serial trade and human rights violator that with the help of decades of corrupt politicians from both parties polluted, price-dumped, and stole its way to a generation of American jobs and revenue, now owns so much of our debt that we must put up with its **** indefinitely. That’s the point of view of our own federal news agency. We have officially cucked ourselves past the point of no return.
Trump or no Trump, the international trade system needs to be blown to hell:
(the rest of the post is for paid subscribers)
Please explain why this message is being reported.
MESSAGE THREAD
Burn it all Down - Globalization, once hailed as a panacea, - JeffB MU - 4/15 13:58:40