Summary
Trump had to reverse his aggressive tariff rhetoric after CEOs from Walmart, Target, and Home Depot warned of empty shelves and higher prices due to supply chain disruptions.
Investors reacted negatively to his threats against Fed Chair Jerome Powell, prompting a market sell-off.
Trump backtracked, expressing optimism on a China trade deal and now denying plans to fire Powell.
Global markets remain volatile, and the IMF cited Trump’s trade war as a “major negative shock” to global growth.
China should tell us they’ll drop their tariffs by 20% a month until gone barring further impulsive fuckery to dissuade further infantile American shenanigans.
As an American, someone’s got to be the geopolitical adult in the room, and we don’t qualify.
Why would China do anything that helps us pick ourselves up and onto our feet? This is the goal they and Russia have been working towards for decades.
Nah-uh. No blaming China or Russia on this one. The United States did this squarely to themselves with the world pleading otherwise. They inserted their own head in the vice and started spinning the handle.
Sure, it aligns with the communist block’s benefit, but the US really needs to be held accountable for its own idiocy on this one. Its the first step in recovery.
Neither Russia nor China are communist anymore. Russia is run by corrupt capitalists and has been since the 1980s, and the only thing Communist about China is the name of the totalitarian party that runs its government, which consists of a mix of state-funded and private capitalist enterprise.
China is very much a socialist economy
Really? The workers control the means of production? From here, it looks like state capitalism augmented by inconsistently regulated private enterprise (which sometimes leads to the entrepreneurs disappearing when they’ve neglected to grease the correct set of Party palms).
More than 60% of the Chinese economy is state owned and controlled, and as of I think a year ago they democratized Chinese company structures by mandating assemblies of employee representatives. The state having majority control and direction of the Chinese economy and market is the primary complaint of western trade partners, I don’t know why people are always surprised by this.
I get that people really do not like the authoritarian aspects of the Chinese government, but state-controlled economies are pretty much the exact intent behind ‘worker-controlled means of production’ in marxism.
Socialism isn’t just when the government does things. In between workers and the state needs to be a free and functioning democracy.
Yes, that famous part of Das Capital where marx coins the term “democracy of the proletariat”
What “communist” block are you talking about? Is this 1989?
Only if you take what I said very literally. The Chinese and the Russians are concluding, I’m sure you would agree.
Colluding, you mean?
Colliding, colloidally.
Of course, spelling was never my strong suit.
I do appreciate being corrected. Thank you…
I’m starting to feel like this is a controversial opinion, but maybe the American people should be the ones holding their own government accountable? Interventionism is the worst way to fix a country and I very much doubt it even could be done for a country like America.
I am hoping the US splits apart, allowing the red states to destroy themselves. Conservatism is a cancer, and the condition would be easier to excise if it was a solid tumor.
Too many innocent people will be taken down as the cult self-destructs.
We can just show up in ICE uniforms and take them to the free state.
One way or another, the cult will murder people just because, and will continue to do so until the cult is extinguished. It is better to hasten that by being willing to oppose the regime. Many people are being trafficked by ICE.
Difficult to argue against, except America is doing this too us as well, and we don’t get a vote.
All the more reason to not do anything about it. Let America implode and their interventionist power also takes a hit.
Trump provided China an excellent excuse to start a trade war and look like the heroes while doing it. This is absolutely Trump’s fault, but China has no reason to not take full advantage of it.
TBF we already started it ourselves
That’s true. The US has been interfering in other country’s domestic affairs for decades. Organising the odd coup, overthrowing elected leaders. Suddenly people are shocked to learn that it can work both ways.
A country with strong democratic institutions are pretty resilient to these tactics. You might not trust the politicians, but you trust the officials, the military and the courts.
It seems that the US has dismantled trust in these institutions for a long time. It has let corporations run the show. So Russia and China have an easier task.
That’s a bit tautological, like “It they could break it, it needed fixing anyway.”
And that’s a bit too much like “If Hitler could invade France, it’s the French’s fault for not fighting back harder.”
Russia has been at war against the American people since Putin and traitorous US oligarchs imposed Trump on us in his first term. It’s victim-blaming to say that’s the American people’s fault.
Ah, yes, the famous denial of fascists in your own country.
YOU VOTED IN TRUMP WITH A MAJORITY KNOWING HE IS FASCIST.
This is squarely the fault of the American people. Lack of education and political will might be to blame, but to say that you are victims is such a farce that I don’t believe you live in reality.
He won by razor thin margins and many didn’t even vote. So yeah, most Americans are victims here.
A minority didn’t vote for trump, which is what you meant to say, I think. And those who didn’t vote might as well have voted for him. Genocide protest or not, your country didn’t care and is not educated enough to care about fascism.
Such selfishness has never been seen before in a people as what is seen in the USA. Trump is the result of this lack of caring for others. This is why you don’t have universal healthcare or other such services.
If you had any empathy as a nation, you would still be the greatest on the planet. How far you have fallen in such a short time.
Karma, unfortunately, is real, and your chickens have come home to roost.
$7.25/hrs minimum wage in the richest country on the face of the earth shows how much you guys really care about each other.
I could go on, but it wouldn’t motivate you enough to revolt, so why would I bother.
You are a nation of temporarily embarrassed millionaires.
I’m not sure your allegory is very apt.
It’s been fucking wild as a resident of a non-us country seeing some of the commentary coming up. We must radical empathy! How dare other countries take advantage of X Y or Z? The shoe is on the other foot, and by GOD is it a problem if anyone but the US starts doing what the US has been doing to everyone else on the planet my entire freakin’ life
We all know they’re propaganda riddled exceptionalists but goddaaaamn. Need to learn to accept cause, effect and consequence
Oh so we’re denying that Russia and China led disinformation campaigns squared solely at disrupting American politics for decades? Are we also ignoring the Murdochs from Australia?
Just wanted to get that straight before I started saying whatever the fuck I want.
The embarrassing thing is a lot of that disinformation was shared on social media networks that were created in the US.
Creating the tool that your enemy uses effectively against you is not a good look.
i believe russia be to blame, it kinda obvious weakeaning america helps putin, it has been his goal for 10years,.
Trump was getting fat on Russian mob money since the 1980s, probably as a reward for him ratting out the Italian mob to Giuliani, which created expansion opportunities for the Bratva.
putin ramped up his misinformation, conveniently around the time he was elected , '16-17 on reddit we saw significant purges for the very first time, and peoples sensitivites as massively increased. my very first bans of an og account around that time.
Mate, the Murdoch’s? America’s lap dog newspaper moguls.
They’re you’re mouth piece of shit trying to force Australia to be more like you sepppos
Rupert Murdoch was born in Australia, what even are you talking about?
I’m saying that Murdoch doesn’t work for Australians and our interests. He’s a lapdog of the US
Murdoch has never served the interest of any state. He has relentlessly pursued his agenda, which is to undermine the centrist quasi-democracies in English-speaking countries and to promote nationalist authoritarianism.
And bailed his citizanship the instant the US proved more likely to give him the easily manipulated press he wanted
And they do it to their citizens too…
…And we do it to other countries and we do it to our citizens.
You can’t condemn another country for what we’ve been actively doing considerably longer than them having never stopped credibly. Our house is made of that candy glass they use in movies in this particular arena.
The oligarchs and their increasingly captured government, including both parties, have been poisoning us against anything that isn’t hyper-capitalist greed enabling from the great depression to the McCarthy witch hunts into today. Very few Americans could define socialism or communism in any sense with a gun to their heads, but they’ve been misinformed into being filled with hate and/or dread when they’re uttered.
Name one world superpower that doesn’t actively engage in mass disinformation campaigns both within and without, I’ll wait. I’d also argue that like our general military, we certainly spend the most on our global Orwell machine. Our CIA, along with the KGB, are the OG playbooks other nations refer to when doing it themselves.
How does that make any of it right? And how does it negate my point?
So far you’ve said a lot of obvious things, none of which refute my point that this end is what Russia and China have been working towards.
I’m saying that you can’t credibly go “you… You fucking shot me! What the fuck?!” at someone who shot you because you shot them a few seconds prior to that.
It doesn’t make it right. It’s wrong. But it’s also a non-sequitur for a serial killer to condemn another serial killer over the sanctity of life.
As an American, Americans have no business condemning other nations about misinformation campaigns until we clean our fucking house up and provide reparations to those both within and without who were hurt by our misinformation campaigns.
Yeah, yeah, because there is absolutely no difference in degree between some of the heinous shit the US has done and that practiced on a daily basis by mafia states like Russia, or totalitarians like the jolly old USSR.
Two things can both be bad. And one instance of something bad can be worse than another. That’s nuance. Binary thinking is barely thinking at all.
I have friends who emigrated from Russia in the late 1970s. None of them said that things were worse in the US, despite the US’s many problems.
Having said all that, I agree we have to “clean our fucking house up,” though that might not mean the same thing to you that it does to others.
So what you’re saying is, because America’s government is doing shady shit, American citizens have no right to call out other countries for the shady shit they’re doing?
Since you like your weird conversational analogies, that’s like you saying;
“China gets to shoot whoever the fuck they want because other countries have shot people!”
Two wrongs don’t make a right. It’s a dumb argument. Stop doing it.
I mean, you can and are.
That being said, it’s equivalent to a Chinese citizen finger wagging at the US about our compromised democratic republic.
It would ring empty from a citizen of a place that will literally run tanks over him for wanting a political voice, and would be gallows comical as a source. Context matters.
Don’t like it? Let’s clean our house up. IMHO the Nordic nations, with the happiest citizens with the highest sense of wellbeing in the world, the only point of civilization existing for those still paying attention, have the right to talk Infinite shit about just about anything to just about every other nation, because they’re doing being a society right and meeting the only fucking goal that matters. Their house is made of iron, not candy glass. Every nation on Earth should be taking their notes, every citizen of every other nation rioting for their models to be enacted at home.
Huh? I’m the American government now? I reserve the right to condemn any government, anywhere, for any reason. Especially when they make choices without my consent.
You speak emotionally, betraying that you know very little about the problems that truly need to be solved.
You are in a sense.
Americans love to separate ourselves, but George Carlin was right, this is a representative government. I voted against him thrice, and primaried for an actual left, and phone banked for Sanders on two campaigns, but Donald Trump represents the United States as it is in practice perfectly.
He’s like the United States anthropomorphized into human form. Proudly classist, proudly racist, proudly greedy, proudly willfully ignorant, proudly drunk on schaudenfreude, proudly cruel and sociopathic, obsessed with ego score and image despite being a gross, overweight pig.
Trump is this fucking place. The embodiment of everything I’ve despised about this fucking cesspool since before he was fake firing people on fake reality TV. We could not be governed more appropriately as a people given our PRACTICED values of being temporarily embarrassed millionaires dying alone undermining one another to “beat” our neighbors instead of living reasonable lives together if we tried.
Maybe we should stop being a horrible, antisocial society that tries to compete against one another in every possible way instead of cooperating before we continue to tell other places what they’re doing wrong, because this is a meth house on fire, geopolitically speaking, and has been since the 1970s. We don’t have the credibility to get caught up in other nation’s problems.
Oh also, sticks and stones but ad hominems will never hurt me.
I don’t see anybody stopping you from saying anything you want to say, so stop playing the victim.
Trump is a uniquely American problem. You guys either elected him, or didn’t care enough to vote. Shit, his popularity is still almost 50% now even after he destroyed the economy.
Your argument is that the American people are so stupid that they were manipulated by foreign actors (TWICE) into electing an obvious fuckwit.
Well, ok, if you insist,
You underestimate the power of propaganda.
And you underestimate the disadvantage of an uninformed and disinterested electorate, a politically chosen Supreme Court and a political system co-opted to serve corporate interests.
Nope. Those are factors too, some closely aligned to the same sources as the disinformation.
Didn’t realize a stagnant 40% means almost 50%, what a lesson in math!
Hahahha fucking scomo got lower than that, and his chief crime was being an unlikeable cunt and about half as incompetent. jesus christ america where the fuck are your heads
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russia maybe, because putins directing trump to do this, more or less it helps russia in the long run.
“Never interrupt your enemy when they are making a mistake.”