Agree that's a good read however it only addresses the economic aspect. The

link I posted posits that there is a bigger picture that needs to be considered. What Trump and his team believes, and has openly advocated, is that economic, political, and security considerations are all intertwined.

So for example bringing manufacturing back to the US is not just an economic issue but also a security one. What history has shown us is that wars are won by the country with the greatest domestic manufacturing capability that during wartime can be converted to military production. In that regard the USA lags far behind that of China.

The major challenge he has is how to increase domestic production which by definition requires a a devaluation of the US$ to facility overseas trade while maintaining the US$ as the world's reserve currency. An apparent contradiction in terms.

The link I provided gives a possible answer to how Trump plans to do that. Let me make it clear I'm advocating Trump is correct, personally I believe he's totally deranged, but that notwithstanding I'd still like to better understand the warped logic behind the actions he and his team, who on paper at least are financial experts, are taking.

Did you look at the link? If so what part don't you agree with?

Posted By: The Gaffer on April 6th 2025 at 13:02:11

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