Post Reply - Economic collapse

Pepe Escobar
@RealPepeEscobar
·
6h
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US ROGUE STATE IN DA HOUSE

Michael and Richard's fab break down of TTT (Trump Tariff Tizzy).

https://globalsouth.co/2025/04/05/michael-hudson-richard-wolff-with-nima-3/…

Three major take aways:

1. "We are now going to weaponize our remaining assets. We’re no longer the biggest economic bloc in the world – that’s China and the BRICS – but we’re big enough that we can threaten, and weaponize, and force the rest of the world to give us a portion of its wealth."

2. That means "the United States is advertising itself as the new number one rogue nation in this world.”

3. "When the empires of the past, Greek, Roman, Persian, any of them, when they go down, you know what always happens? The people at the top, the richest and the most powerful, use their position to be the last ones to lose as the empire goes down, to hold on to what’s theirs. And that means the costs of a declining empire are offloaded from them on to the rest of us. That’s what’s happening."
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Brian Berletic
@BrianJBerletic
·
Apr 5
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Another "mask off" moment for Vance and the Trump administration - blaming and degrading China for America's own failures. 

Vance is also outright lying. 

Biden not only kept in place every single tariff Trump imposed during his first term, he himself continued imposing additional tariffs.

Now Vance is trying to blame the massive inflation/cost of living crisis that predictably followed  solely on "Biden" in the hopes Americans are bias and ignorant enough to believe it. 

In reality this is the cost of tariffs and America's pursuit of hegemony under the uniparty Trump and Biden both obediently serve.

You can't outcompete China in manufacturing by simply imposing trade barriers, all you'll do is disrupt the global economy.

Those Chinese "peasants" have created an unparalleled manufacturing base, education system, and infrastructure the US is simply incapable of duplicating. 

The real goal isn't "industrializing" America, but trying to blow up the rest of the global economy through tariffs and war in the hopes the US and its corrupt monopolies are the last ones standing in the end.

As always, everyone else is made to pay the price including the American people, not JD Vance or billionaire Donald Trump and certainly not the monopolies they actually work for.

DJ, If you can not blame China...or Putin...or biden...blame "Chinese peasants"-stupidity !
De-stabilization without a good plan will push the US into bankruptcy...