On the Sunday talkers just past, this willing stooge adopted Pete Navarro's (a pardoned felon, he!) BS -- whole cloth.
But he went two grades beyond. . . loony.
And of course, the frothy hard right media will avoid this topic like the plague -- but Bessent (once a fairly astute financier, he) called this scattershot nonsense. . . a "policy".
A policy. . . Navarro and Tangerine are calling "strategic uncertainty". The very notion is to torture the word policy, in an economic context.
Sure, the in-theory, academic-idea of "uncertainty" as a motivator, may have merit -- on battlefields where blood and guts, open hot warfare -- with tanks and rifles and bayonets. . . is underway -- but as applied to global trade. . . the last thing US business want is more. . . "uncertainty".
Maybe these jokers think they are keeping China "off balance". They are not. China is now selling tons and tons of lithium, and copper, that used to go to the US (for Musk's batteries and Apple's and others' computer parts). . . direct to the EU, where it gets 75% better net pricing.
Xi doesn't care.
Xi is not responsive to -- or worried about -- "uncertain times". He will just let millions of Chinese die. [Sadly, that's the comparative advantage he possesses here. Trump cannot ever afford to match him, death for death.]
That is, Navarro and Trump absolutely cannot do the same. "Uncertainty" -- as to the price US businesses must pay for raw materials, and finished goods and consumers must pay for. . . avocados (for example). . . these are ALL KILLERS, to the US growth in GNP.
These jamokes have killed this next four years, already. Trump's now a dead letter buffoon, exclusively. And Bessent beclowns himself. . . by lying and saying there is ANY rational plan, afoot.
This is just a slow motion trainwreck.
D A M N A T I O N.
नमस्ते

No comments:
Post a Comment