The Trump Economy

[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]

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.

[RickeyM]

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

[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?

[Oerets]

China has been on every major Politian's radar for many many years before Trump came to power. One only needs look back to the Opium Wars, European Imperialism attempt to control China.

China structure has inherent advantages over other civilizations in the planning and execution. More focused and unified.

[Rajoo]

Since the mid 70's (from what I know), we began the quest for cheap labor and China was willing and energetic. Fast forward 50 years and as we imported products made in China, they also began a deliberate process of gaining technology from us, lot of it covertly or by intimidation. Now they probably have as much American technology as they need and are in a position to improve it as witnessed by the latest air war between India and Pakistan where Pakistan's Chinese fighters showed India's French made fighters to be far inferior. And this is what should concern us, China will soon be the major provider of weapons to the world surpassing US, Europe and Russia (though their weapons are now outdated).

[Dondilion]

Chinese manufacturing is so overwhelming that nobody has anything (major exception being quality semi conductors) that they would care to buy.

The usual result is they have one sided trade with almost everone. The Europeans are petrified...the Chinese could wipe them out.

[Oerets]

This century will belong to China it looks like. They play the long game very well and are very patient. This alone, they are buying up farms, land and water rights in this country should make US shutter.

Add the technologies and trade secrets willingly and unwillingly they have garnered. The developed countries have themselves to blame for taking the eye of the ball. Seeking a profit and not thinking of their own national interests like China has.


The labor and less then ideal if not chaotropic environmental practices. They are heading for a major correction to their society. Poisoned water air land and sickness along with civil unrest due to those who have verses those who do not.