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Jacek.degen.eth 🎩
@jacek
Anyone got a read on what the Trumpsta's angle is with all these tariffs? Feels like the U.S. is intentionally isolating itself, creating a power vacuum for China or others to step in. Is the U.S. just broke? Running out of options? Or is it pure ego—thinking all innovation starts and ends in America, and the rest of the world’s just along for the ride? Or maybe there’s a 4D chess play to destabilize global markets and reshuffle the deck?
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Kieran Daniels
@kdaniels.eth
When negotiating, never split the difference. Start high and walk back to reality. One by one, that’s what will happen with these tariffs. And yes, America is broke. We have been paying taxes to fund other countries and build bombs and the treasury has been looted over the last 4 years. If nothing changed, then America and all the countries that it’s supports would actually collapse and actually create the power vacuum you’re talking about. But in reality, the changes Trump has made will prevent that from happening. The country was run on tariffs until a “temporary war-time” income tax was levied. This never went away and has only increased. The Revolutionary War was started over a 4% tea tax. I paid 46% federal last year. What you’re seeing with the markets is a short term squeeze to balance the budget. USAID was fraudulently spending so much tax payer money that it was artificially inflating the GDP. Because government spending is included in the GDP calculations.
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Kieran Daniels
@kdaniels.eth
The over spending has now been cut off. The GDP should correct now probably over 30% Short term = this means markets dump and the fraud is shaken out. Medium term = GDP balances and the defect starts to decline for the first time in 50 years When the defect declines = treasury rates will fall. When treasury rates fall = interest rates for all Americans across the board will drop. The reason interest rates are so high is because the government is competing with consumers for loans, because the deficit is spinning out of control. Where the government stops needing loans then interest rates will drop to 0-1% It might take 12 months for the pain to pass, but this will fix the economy. It’s very hard to form an opinion on these things when you watch mainstream media, look into the actual numbers like what David Sacks has put out.
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@baseddesigner.eth
Painful short term to be much better long term Literally saving the country from collapse later like you said
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dusan.framedl.eth 🎩
@ds8
actually this feels like a level-headed take... only issue is the willingness of others to reneg. he might be overplaying, but we'll see
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gweiwhale.eth 🔵🎩
@gweiwhale.eth
agreed, our founding fathers would be disappointed to see us pay 35+ percent tax. high time to shake shit up.
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