The president-elect wrote that the coalition of non-Western countries “should expect to say goodbye to selling into the wonderful U.S. Economy” if it backs a currency other than the U.S. dollar.

Headline is a bit inaccurate. “If they use anything other than dollar” is the quote.

While neocon colonial handlers have been making the west puppets fall over themselves over offering more war, there was already a strong division in the world.

Trade prevents wars. The world becoming more divided will make the US more isolated, and anger the low hanging fruit of dealing with decline. Investment outside of the US and its influence have already taken off. This posturing is not significantly different than the path the Biden administration set on, but there is a matter of style that will cause the US colonies to choose between dignity and extreme ever subjugated diminishment to US control and profits, even as the US itself causes its own decline.

  • humanspiralOP
    1·
    2 months ago

    CHIPS act (unfunded unanimous congress approval mostly to promote predestined war on China) and IRA are meant as buy American rather than globally competitive industry help.

    Another approach to industrial policy is to have strategic stockpiles of materials to sell them to US industry, but also have domestic manufacturing for government projects. It meets national security needs, while also encouraging competitive production and jobs for more national security. Tariffs on steel/metals and lumber makes manufacturing and buildings uncompetitive in US, as does privatized healthcare. Cheaper solar is path to cheaper energy, also a competitive edge for business. Batteries and motors a path for more competitive EVs.

    Investing in America’s reindustrialization is a tough bet to make. Tariffing the world needs someone with a good manufacturing idea to also invest in an entire supply chain that would usually sell to much more customers than the one manufacturer’s needs. There is likely to be recessionary pressures from Trump’s aggressiveness to the world. In 2 to 4 years there will be new elections that maybe undo the protections put in place that might only justify US industrial investment if extreme monopoly profits are elections proof.