>Donald Tusk said: "President Trump undermining this order makes no sense at all. Because it would only play into the hands of those who seek a new, post-West order, where liberal democracy and fundamental freedoms would cease to exist.”
Did you hear that? Dotard Trump got BTFO by the head of the EU Commission. This is bad guys, we're gonna lose
>newyorker.com
Why is it so hard to understand that the US basically cannot lose trade wars, since we have trade deficits with everyone on Earth.
This means, the US is the net loser in all international trade transactions. There isn't a country we benefit from in trade, in terms of net gain.
Add to the fact we're the largest consumer market on the planet, and the place that EVERYONE wants to be able to sell their goods, if they're at all interested in international trade. The US is in a fantastic position to re-balance it's trade relationships.
The point isn't to create trade surpluses all over the globe, that isn't sustainable and then becomes pointless for the other countries. But to achieve balanced trade, which benefits both countries. The problem is for the past 50 years everyone has been able to to basically scam the United States and rely on feckless leadership that's made impotent by their inability to deal with criticism. Trump is the one guy who gives few enough fucks to do it.
gosh you're so stupid lol
can't wait till you'll crash and burn
too bad it'll start another great depression but oh well
>Poland
Don't forget what happened last time we had a great depression you got steamrolled by uncle Hitler a few years later. Hopefully auntie merkel will set you niggers straight again soon.
they've already lost the tradewar lmao, £800B trade deficit vs 150B surplus EU
the absolute state of Americucks lmfaooooo
we wont, because while we're building an economy and tangible industries, the rest of the world is worried about virtue signalling to women, for whatever reason.
k
Implying what he said was wrong
The great depression is on you pooland
He's talking about the EU right?
In unironically enjoying this, finally we'll have a go at playing geopolitics with the big boys when Trump ushers in a multipolar global order
More blatant spam threads I see.
They are against the rules
>The EU
>FREEDOM
>Donald Tusk
HAAAAAAAAAAAAAAAAHAHAHAHAHAAAAAAAAAAAAAAAAAAHAHAHAHAHAHA.
Checked and rekt
What exactly does the world make that can't be made in the US?
At the rate we are going there wont be anyone left that can afford to buy anything.
There can be only one Donald, and his name isn't Tusk, faggot.
10/10 argument, lightbulb maestro.
Rather than going full protectionist, how about going back to making high quality goods instead? Wouldn't have a deficit if you had anything worthwhile to offer.
No shit will you "lose" trade if you focus on low quality garbage made overseas as soon as the very same overseas countries start making their own low quality garbage.
Also, this is the natural consequence of muh IT, financial and service based industry the US has adopted 2-3 decades ago.
Maybe revert that too while you're at it?
kys
The US won't lose shit, for once POTUS is a person with balls who tries to defy the globalist cabal. He'll win in the end
what the fuck was reagan thinking re: that chart. how do boomers worship a guy who seemed to start all this shit? was reagan the model for obama? just a perfect messenger for a series of lies.
>(((liberal democracy))) and (((fundamental freedoms)))
Fixed it for ya.
I want REAL freedom, not Merkel's NSB-Germany (((freedom)))
>Germany telling the US how to fix things when we own more of the EU than them and France combined
Oh my fucking sides what a thread. There's a reason Trump doesn't give a fuck about Merkel and her imported shitskins kraut. You idiots need to check the balance sheet before you starve. News headlines don't mean shit when we pull our assets from your little 'countries' and quarantine you globalist pieces of shit.
Now comes the counterattack, bong.
isn't the deficit thing basically part of the strategy to make everyone reliant on the USD, which is a critical part of US hegemony?
cut off trade with your allies, they switch to other currencies, and suddenly you're far less relevant on the world stage. correct me if i'm wrong.
What are you? Chinese?
You mean with everybody getting jobs now and everybody's wealth is increasing through the markets? Yeah, we are really in a bad way here in America.
>Brainlet
It started before Reagan, and the bulk of it occurred after Reagan.
The petrodollar was a tool during the Cold War, to ensure the US stayed involved internationally in securing your security, leaf.
We can dump the petrodollar any time now. We never needed it, you did.
>The causal link between investment flows, exchange rates, and the balance of trade explains why protectionism cannot cure a trade deficit. In his 1997 book, One World, Ready or Not, Washington journalist William Greider proposes an “emergency tariff” of 10 or 15 percent to reduce the U.S. trade deficit.(23) If Congress were to implement that awful idea, American imports would probably decline as intended. But fewer imports would mean fewer dollars flowing into the international currency markets, raising the value of the dollar relative to other currencies. The stronger dollar would make U.S. exports more expensive for foreign consumers and imports more attractive to Americans. Exports would fall and imports would rise until the trade balance matched the savings and investment balance.
You're actually a MAGApedo regurgitating spacker talking points.
The US has a trade surplus with Brazil, a country with FAAAAR higher trade barriers than Mexico and Canada (who are virtually barrierless) yet have a trade deficit.
Also, trade deficit are signs of high, favorable investment. US economy has grown immeasurably during periods of high trade deficits whilst has been almost 50x slower in years if near trade surplus.
Literally the only thing, genuinely the only thing, trump is trying to do here is trying to bring back steel type labor jobs to the US. They aren't coming back, and anyone still relying on making steel in the "GREATEST COUNTRY ON EARTH" really needs to kill themselves. This is 2018, move on. Next you'll want to be paid for weaving baskets poorfags.
Europe, British and and Euro-centric thinking has fucked up the world and fucked America's policy for decades. Trump seems to be the man to say that we've had enough. If he secures a deal with North Korea, he'll basically get an opportunity to secure a great trade deal with asia and maybe Russia, and can tell the euroweasels to fuck right off
>1997
A critical date, right about when we adopted this idiot's neoliberal globalist fuckery and began destroying our economy, as per the guy's graph above.
We should find your author and gas him.
Prepare thine anus, faggot, which you likely do in any event.
Because you will tax them to punish them. Look at how the EU treats our tech companies. Pure spite
According to that chart, which could be wrong who knows, it had barely got going with Carter and went nuts during Reagan's Presidency.
EU is to busy crying that Italy suddenly isnt helping replacement of White Europeans
EU official talking about post-west order is funny as well, as that seems to be their main goal
Shills been saying this constantly since day 1 and been btfo every day since.
Just stop, get some help.
You're kinda right and wrong. The dept, ours, you're, China's, everybody's is a Rothschild scheme to control countries. (Control the money, control the nation) starting shit between nation's and arms races making countries take out loans to fight wars, keep starting shit so the nation's can never pay back (Germany in the 20s and 30s) which leads to more shit starting.
Our country was sold out with the end of the gold standard, and the beginning of the petrodollar. It kept our dollar number one, but our dollar is relevant without it anyway as we are the number I've consumer market.
If our dollar wasn't relevant then a trade war would just be a laughing matter instead of all these globalist leaders crying about crazy Trump and his trade war.
It's pretty clear to see what's going on.
>seek a new, post-West order, where liberal democracy and fundamental freedoms would cease to exist.
that is LITERALLY a good thing
>One way to reduce the trade deficit would be for Americans to save more. A larger pool of national savings would reduce demand for foreign capital; with less foreign capital flowing into the country, the gap between what we buy from abroad and what we sell would shrink.(26)
>A related way to cut the trade deficit is for the government to borrow less. Reducing the government deficit (a form of “dissaving”) releases more funds for domestic investment, reducing the demand for foreign capital. That explains the “twin deficits” phenomenon of the 1980s, when huge federal budget deficits claimed a rising share of national savings, requiring the importation of savings from abroad to meet domestic demand for investment. The inflow of foreign capital prompted by the budget deficit allowed Americans to buy even more goods and services than they sold in the international marketplace. As the federal budget deficit declined in the late 1980s, so too did America’s trade deficit.
>hey non-globalist goy we're not really ripping you off
>HIRRR DURRR DID U HEER WAHT THEY SAID SEEE DRIMPLE IS BLOWN OUT LOL TOLD U
>liberal democracy and fundamental freedoms
Translation: feminism and fag rights
Imagine believing that people would abandon one of the largest consumer markets with the highest concentration of wealth. I'm sure people would prefer to sell into the EU with high percentages cutting into bottom lines out of a moral boner.
Not even one bit scared. I fully expect to have made my 3rd $M by the end of his first term.
>WE
MAGA
>MAGA
MAGA
>MAGA
And yet Muslim rape squads have your daughters
>Also, trade deficit are signs of high, favorable investment.
A trade deficit is value leaving your shores you stupid cockroach.
>leaving out correlation to ballooning income stratification
Go jump in a woodchipper
Day hoe look sexy
>MAGApedo
>current year
>eu flag
are you even trying?
>implying I will waste my time on pointless economic discussions on anime porn board full of bots, Amerimutts and russian shills lmao
:* passive aggressive Amerimutts
+ plus an idiot form Poland who's too stupid to understand that Pooland benefited from Pax Americana more than probably any other country (in Europe for sure)
by tying other countries with trade America gained more power than ever, by isolating themselves they will become obsolete, it's that simple.
Trade will still happen, with Amerimutts or without, and if you think that all these"lost" jobs will return to America you're just retarded.
>The_Mueller
No, you can see at the end of Reagan's presidency it was at equilibrium. Reagan didn't do this.
I honestly doubt they will, there exist no other mass of exaggerating buyers than the american market. You deny another countries access to that market, and they will cave.
I also think it is kinda dumb for the latino nations to move towards china so fast, america is still the only country in the hemisphere that could pull off a local war, even if only 15% of their sailors can vavegate properly.. Actually thats pretty fucking bad
>As the federal budget deficit declined in the late 1980s, so too did America’s trade deficit.
Correct, but the globalists hated that, which is the reason they destroyed those efforts.