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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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SQX
@sqx
I tend to be medium and long term optimistic. And short term. Well. It’s spring. So I’ll lounge for a few months. (So will the rest of America)
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Kieran Daniels
@kdaniels.eth
Every person on this thread criticizing his plan also voted for endless wars and literally voted for unrealized capital gains taxes. You can’t argue with the bag lady. Just keep walking by.
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SQX
@sqx
Knee jerk reactions when you take away the drugs ia pretty bad I hear. I still think this is the case. And yes. Transition will be a mess. But I think factions are breaking. And people are waking up.
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Kieran Daniels
@kdaniels.eth
The disconnect is most people don’t realize there is actually a deep state and there is actually evil people who have been running everything and they are actually pedophiles and actually traffic children. This is the end to that. And it’s imperative at any cost.
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