The Trump Economy

[Chicks]

US wholesale prices rose 6% in April in another sign of sticky inflation
https://finance.yahoo.com/economy/ar...125605270.html

Thanks, Donny! Your little distraction in Iran is really MAGA!

[Chicks]

‘I don’t think about Americans’ financial situation,’ says Trump amid Iran talks
With US inflation at a three-year high, US president insisted he’s not focused on economic hardship sparked by the conflict
https://www.theguardian.com/us-news/...icans-finances

Yes, we're well aware, Donny. Yet fools still support you. Some here even think you're "smart". Idiots.

[Dondilion]

The Iran operation is really an attempt by Trump to deny China's access to ultra cheap oil. Oil which China has been storing in a frenzy. The operation is couched under the perennial nuclear denial mantra.
The part, for which many years Trump has shown consistency: In confronting Mercantilist Overcapacity, he is not overly concerned with short term pain.

[bobabode]

An op-ed listing much of the t'Rump family's dirty, filthy dealings.

From the Guardian - https://www.theguardian.com/commenti...p-billionaires

Yes, I am a subscriber....

[RickeyM]

Originally Posted by Dondilion

The Iran operation is really an attempt by Trump to deny China's access to ultra cheap oil. Oil which China has been storing in a frenzy. The operation is couched under the perennial nuclear denial mantra.
The part, for which many years Trump has shown consistency: In confronting Mercantilist Overcapacity, he is not overly concerned with short term pain.

At one point the reason (excuse) for the war that isn't a war changed daily.
He started a war with zero understanding of the country he attacked, blowing through a billion dollars a day, depleting our munitions supply, caused death and destruction, upsetting the world economy. But yeah, tha master plan was denying China "cheap oil".
Dude, you're embarrasing yourself.

[Dondilion]

Originally Posted by RickeyM

At one point the reason (excuse) for the war that isn't a war changed daily.
He started a war with zero understanding of the country he attacked, blowing through a billion dollars a day, depleting our munitions supply, caused death and destruction, upsetting the world economy. But yeah, tha master plan was denying China "cheap oil".
Dude, you're embarrasing yourself.

Trump is the only major politician who had an early understanding of what China would do to Western economy. Clinton was foolish. Often he tacitly rues. Biden, to his credit, especially in the second part of his presidency started to view China through the same Trumpian lens. Biden sent Janet Yellen around the world to call attention to China's Overcapacity and instructed his commerce secretary to seriously enforce the restriction of quality semi conductors.

To enter the WTO China had to pledge:
1) Respect for Intellectual Property
2) To eventually open its financial sector.
Hmmm.
Over the years China has been eating the North American and European economic lunch.
What caused panic was China's announcement in 2015 of "MADE IN CHINA 2025". China moved substantially up the value added chain.

China is on a roll despite all western efforts to oppose its overcapacity and dumping. However it has a weak area: Because of its massive manufacturing it uses a huge amount of energy and a significant portion of that energy is imported via sea lanes. Another important characteristic of that energy is it is dirt cheap. This makes it a big multiplier to effect overcapacity.

The Venezuelan move was easy. The Iran one would be extremely hard. Trump's military was telling him the same. However there might be a outside chance it could succeed. Facing the fact that in all likelihood he might not have a free hand post midterm, Trump went for it.
The Iranians survived and proved their system resilience. The flow of cheap Iranian energy to the Chinese industrial complex continues.

[Chicks]

Originally Posted by Dondilion

Trump is the only major politician who had an early understanding of what China would do to Western economy.

What flavor of Kool-Aid did he give you?

[Chicks]

Xi Insulted Trump To His Face And In Front Of Cameras During Pivotal Meeting In China:
https://youtu.be/GXQQKcHRgnA?si=RRgpJOHTcjSOiWfZ

Donny's a fool.

[Chicks]

A North Carolina Goodyear Plant Is the Latest Victim of Trump's Misguided Tariffs and Costly Iran War
Another example of the flawed logic behind the Trump administration's tariff policies: You can't make a tire without rubber, and the U.S. doesn't produce rubber.
https://reason.com/2026/05/15/a-nort...stly-iran-war/

Destroying jobs in every industry. Thanks, Donny. MAGA!!!!

[RickeyM]

Chump was worried about what China doing their thing would do to his bottom line. Noble intentions are not his thing.