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by bettercallsalad
124 days ago
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FT is a globalist mouthpiece. I don’t support tariff but it being used as a negotiating technique is the only choice here to reduce trade deficit. US can’t keep up the trade deficit it currently has. It requires endless fiscal deficit and sell paper money to others that sends their cheap stuff to US. With growing deficit, the interest payment now is soon to be higher than defence budget. Something has to give. |
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Because it seems more likely to me that we have a greedy moron in charge who doesn’t mind his “business” (aka our society) loses trillions as long as his family and friends make billions.