IMF warns G20 that tariffs will harm the global economy as Trump threatens escalation – July 21, 2018
Interesting article on multiple sites talking about the IMF and their views on Donald Trump: Click the link below for a very interesting read.
https://www.cbc.ca/news/world/imf-warns-g20-tariffs-hurting-economy-trump-threat-1.4756477
Prior to the world of taxes, there used to be a world of tariffs, tariffs were how Governments collected taxes. You want access to sell to our people, we the government are going to charge our people a fee to purchase your goods or services. But the only entities that will know we are doing this are the businesses buying goods from foreign countries. Hey if goods have to be inspected on their way into a country I understand a little tariff. But if you’re going to charge a tariff what’s up with all the taxes? Oh yea, after the government convinced people that taxes were necessary for one thing, they managed to convince people taxes were necessary for almost everything so here we are.
Trump has put the world in a very uncomfortable place, Trump did the uncomfortable, attacking an issue everybody else was ignoring. America for many years has been bullied and it should be noted that the Democratic party of the United States was the main cause of this. It’s about a 50/50 split for American voters voting Democrat or Republican. So, it’s obvious why in past years a Donald Trump could never get hired.
I doubt Trump could have beat Obama, but Hilary Clinton I think she could have lost to Ricky Rubio or Ted Cruz. She’s just not a likable Person. Obama beat her easily and quite frankly it’s pretty obvious the American voters just want her to go away. That aside, this is why the world feels so entitled to blame America for everything. Bottomline here is if America is not existing there’s a very good chance that Fascism would run the world. A lot of people associate Fascism with Hitler, but the truth is Fascism is national socialism and next to capitalism it’s the most appealing economic theory for countries to adhere too. Fascism is an easy sell because it tells it’s people to put their fellow countrymen first no matter what.
So if a country has a powerful army the truth is they can bully other nations into paying for their entitled existence. Trump in my view could be labeled a fascist had it not been for 1 thing. That thing is the rest of the world has been putting trade barriers on U.S products for years. This is hard for a lot of people to understand because they see America as this powerful nation that is doing better than everybody else. Trump on the other hand see’s America for what it is. Trumps able to see this because his riches allowed him to travel all over the world, he travels for business, met with people, talked with people, got to know people from all different backgrounds.
I’m sure while he did all of this traveling Trump was able to see consistencies or commonalities amongst peoples of other nations. I think this is where his passion for America came from. If you’ve never taken the time to meet or talk to the economically rich people of the world, the way some of these people talk may astound you. The arrogance of many rich people is that of a socialist, that of a Marxist, that of a person who feels above others.
Most people of the world don’t believe in American values, a lot of people do believe in exploitation, a lot of people believe that they should remain rich while others remain just as they are, because these people believe that a universal law made it so and there’s nothing that can change that. This is why the world is so resistant to change, this is why the world is so resistant to hearing a different point of view. Personally, I believe in the power of human energy if humanities energy is pushing towards a direction it will manifest.
In my view and I’ve been saying this for years, I think the worlds largest economic collapse will happen under Trump’s leadership, I think that’s why he was hired because he’s the only person capable of handling it. Trumps have been bankrupt for Billions of dollars in the Private sector I suspect the same will happen now that he’s in the Public Sector. That said I don’t think the coming crash is that big of a deal for people that don’t invest. But for the people that are reliant on the Government to survive? Life is going to get very interesting for you. People reliant on debt, life is going to become interesting for you. The IMF, life is going to be very interesting for you in the coming years.
Interesting times ahead.