President Trump and Prime Minister Boris Johnson Discuss “Big Trade Deal”…
The structure of the global trade reset is visible. The China decoupling is underway; the scale of this geopolitical dynamic is incredible.
KORUS (Korea-US) is in the books; the North American USMCA is complete, pending ratification; the EU has agreed to purchase U.S. beef exports; and effective today the Japan-US deal is agreed in principle (sans auto and industrial products TBD). Now President Trump is working on a post-Brexit UK-US bilateral package.
resident Trump has single-handily, and purposefully, stalled the global economy and is forcing massive amounts of wealth back into the United States. In essence Titan Trump is engaged in a process of: (a) repatriating wealth (trade policy); (b) blocking exfiltration (main street policy); (c) creating new and modern economic alliances based on reciprocity; and (d) dismantling the post WWII Marshall plan for global trade and one-way tariffs.
Every minute element within this process, no matter how seemingly small, has President Trump’s full attention. He has assignments to many, but he relies upon none.
China and the EU have devalued their currency in an effort to block the impacts from President Trump and the ‘America First’ trade policy.
Because those currencies are pegged against the dollar, the resulting effect is a rising dollar value. The globalist IMF is now blaming President Trump for having a strong economy that forces international competition to devalue their currency.
That’s the stupid hypocrisy of global banking outlooks. They make a decision to devalue their currency, which causes the dollar value to rise, and then turn around and blame the U.S. dollar for being overvalued. The root cause of the devaluation is unaddressed in their argument.
The EU (specifically Germany and France) and China are trying to retain their global manufacturing position and offset the impact of President Trump’s tariffs by lowering the end value of their exports.
In the bigger picture this is why President Trump is the most transformative economic President in the last 75 years. The post-WWII Marshall Plan was set up to allow Europe and Asia to place tariffs on exported American industrial products. Those tariffs were used by the EU and Japan to rebuild their infrastructure after a devastating war. However, there was never a built in mechanism to end the tariffs…. until President Trump came along and said: “it’s over”!
After about 20 years (+/-), say 1970 to be fair, the EU and Japan received enough money to rebuild. But instead of ending the one-way payment system, Asia and the EU sought to keep going and build their economies larger than the U.S. Additionally, the U.S. was carrying the cost of protecting the EU (via NATO) and Japan with our military. The EU and Japan didn’t need to spend a dime on defense because the U.S. essentially took over that role. But that military role, just like the tariffs, never ended. Again, until Trump.
The U.S. economy was the host for around 50 years of parasitic wealth exfiltration, or as most would say “distribution”. [Note I use the term *exfiltration* because it better highlights that American citizens paid higher prices for stuff, and paid higher taxes within the overall economic scheme, than was needed.]
President Trump is the first and only president who said: “enough”, and prior politicians who didn’t stop the process were “stupid” etc. etc. Obviously, he is 100% correct.
For the past 30 years the U.S. was a sucker to keep letting the process remain in place while we lost our manufacturing base to overseas incentives. The investment process from Wall Street (removal of Glass-Stegal) only made the process much more severe and faster.
As a result Wall Street was now investing in companies whose best bet (higher profit return) was to pour money overseas. This process created the “Rust Belt”, and damn near destroyed the aggregate U.S. manufacturing industry. This process also decoupled Wall Street multinational corporations from Main Street USA.
Fast forward to 2017 through today, and President Trump is now engaged in a massive and multidimensional effort to re-balance the entire global wealth dynamic.
By putting tariffs on foreign imports he has counterbalanced the never-ending Marshal Plan trade program and demanded renegotiation(s).
Trump’s goal is reciprocity; however, the EU and Asia, specifically China, don’t want to give up a decades-long multi-generational advantage. This is part of the fight.
One could argue that China’s rise happened inside this period, and as a consequence they have no comprehension of an economic history without the institutional advantages.
Beijing has never competed with the U.S. under any terms of equivalence or fairness; they’ve only ever known the advantages. Combine that reality with the Chinese communist mindset and you get the extreme severity of their position.
So yeah, there’s going to be pain – for them; massive economic pain – as the process of reestablishing a fair trading system is rebuilt. This dynamic is the essence of reciprocity that benefits Main Street USA.
Unfortunately, putting ‘America First’ is now also against the interests of the U.S. multinationals on Wall Street; so President Trump has to fight adverse economic opponents on multiple fronts…. and their purchased mercenary army we know as DC politicians.
No-one, ever, could take on all these interests. Think about it… The EU, Asia, World Bank, International Monetary Fund, China, Russia, U.S. Chamber of Commerce, the World Bank, Iran, U.S. Congress, Wall Street, the Big Club, Lobbyists, Hollywood, Corporate Media (foreign and domestic), and the ankle-biters in Never Trump…. All of these financial interests are aligned against Main Street USA and against President Trump.
Name one individual who could take them on simultaneously and still be winning, bigly.
They say he’s one man. They say they have him outnumbered. Yet somehow, as unreal as it seems, he’s the one who appears to have them surrounded.
Incredible.
https://threadreaderapp.com/thread/1164136731475664896.html Larry Celona is the NY Post reporter who had the only post mortem photos of Epstein
He was also featured in Kubrick’s ‘Eyes Wide Shut’ hmmmm?
Carter Page: FBI Wanted Me To Make False Testimony About Russians
MARIA BARTIROMO: So the bottom line is you’ve worked as a government informant for what, two decades?
And somewhere along the line, they obviously turned on you, because they wiretapped you.
CARTER PAGE: Yeah.
MARIA BARTIROMO: And somewhere along the line, they obviously turned on you because they wiretapped you. Fast forward to 2013 or so when you are an informant for the government about a spy ring in New York, involving three Russians.
CARTER PAGE: Yeah, well listen. It was something where there was a lot, they did an indictment. I spent time with the FBI in 2013 giving them all of the information they needed.
MARIA BARTIROMO: This is under the Obama administration.
CARTER PAGE: It was under the Obama administration and then a number of top officials, Attorney General Holder, U.S. Attorney Preet Bharara, and [former Assistant Attorney General] John Carlin in January of 2015, a year before the start of when I joined the— I was a volunteer on the Trump campaign, they had this indictment... of the three Russians. So I was one of the main sources on “Male #1.”
MARIA BARTIROMO: That’s interesting because you were “Male #1” — we’re looking at a timeline in 2013 you’re male number one and they indict these people and the indictment comes down in January 2015 and they name you as Male #1.
CARTER PAGE: Well there’s this big thing about masks and unmasking, and I was very lightly masked and there are a lot of problems in that indictment and they really kind of put me out on a limb.
MARIA BARTIROMO: That’s what I want to ask you because then you start getting death threats your life was in danger... We’re taking a pivot looking at how the government has treated government informants...
I’m back with former Trump campaign foreign policy advisor Carter Page and you were telling us about this case that you helped the government with. Tell me what happened in 2015 after the indictment was handed down on the Russians.
CARTER PAGE: Well really, in March of 2016, they called me in to come to testify in the Southern District of New York on that case.
There were so many falsehoods and misrepresentations in their indictment the prior year. I said I am not going to lie in court. Similar to their false court filings, which the DOJ and the FBI has submitted in this case. So it was a long back and forth with them but I told them, I am a man of my word and I’m not going to, you know, provide false testimony like they’ve done. It is very similar between the false testimony which they did and that case against the Russians, and the false testimony which they did a few months later in October of 2016 with their start of the FISA abuse.
MARIA BARTIROMO: You never actually testified in the spy ring circus in terms of that, but this all goes to government informants and you could look at Patrick Byrne from Overstock.com, right?
CARTER PAGE: Well its basically, the government is taking control of people’s lives I mean, look, I’ve lost tens or hundreds of millions of dollars and he lost a couple hundred million off his market cap just based on these falsehoods.
Excerpt
No-one, ever, could take on all these interests. Think about it… The EU, Asia, World Bank, International Monetary Fund, China, Russia, U.S. Chamber of Commerce, the World Bank, Iran, U.S. Congress, Wall Street, the Big Club, Lobbyists, Hollywood, Corporate Media (foreign and domestic), and the ankle-biters in Never Trump…. All of these financial interests are aligned against Main Street USA and against President Trump.
Name one individual who could take them on simultaneously and still be winning, bigly.
They say he’s one man. They say they have him outnumbered. Yet somehow, as unreal as it seems, he’s the one who appears to have them surrounded.
Incredible.
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Great post. Great message
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Unfortunately the Federal Reserve is not fighting on the side of America so far.
We can hope they come to their senses, or can be maneuvered by Trump into doing the right thing.
Keep in mind that if the USA grows at a much higher rate, say 5-10%, we could start paying down the national debt---EVENTUALLY PUTTING THE FED OUT OF BUSINESS.
So there's that.
Call me cynical, but the Fed is acting like they have no intention of letting America get out of financial trouble through rapid growth, and live up to our full economic potential.
on a thread here on freeper.
Steve Bannon on China and how POTUS is handling things.
https://www.youtube.com/watch?v=qH5QzuzD01A