Thanks for posting
I found it very useful.
It confirms my view that this is a super risky strategy and that the risk/reward for residents of the US (like me) doesn't make sense.
My expectation is that this weekend, the entire world trading order will start to be rewritten, and the US will begin to be 'worked around' by the rest of the world. This will inevitably mean the loss of the $ as the reserve currency.
As the presenter correctly summarizes, no country will want to be a vassal state of an unpredictable country like the US has suddenly become.
If/when that happens, the US will enter a depression, and families like mine will be the ones to suffer.
There is a term in economics, 'Jam now or Jam later,' i.e., you typically need to endure some type of pain before reaping the benefits (like Greece's austerity program after 2009).
My worry is that the downside to the US may be devastating and permanent.
Posted By: Kev on April 6th 2025 at 18:17:05
Message Thread
- Why Trumps tariff chaos actually makes sense (the bigger picture) - Interesting watch. (General Chat) - The Gaffer, Apr 6, 07:48:35
- Thanks for posting (General Chat) - Kev, Apr 6, 18:17:05
- 👍🏼 Some countries might have no choice than to become vassal states, I note that Taiwan (General Chat) - The Gaffer, Apr 6, 19:53:38
- Better off reading Faisal Islam’s analysis on the bbc (General Chat) - Under soil heating, Apr 6, 11:56:54
- Agree that's a good read however it only addresses the economic aspect. The (General Chat) - The Gaffer, Apr 6, 13:02:11
- Had the first chunk, not all of it (General Chat) - Under soil heating, Apr 6, 13:29:49
- Agree with you its warped logic and if you get to the end of the link you'll (General Chat) - The Gaffer, Apr 6, 13:50:49
- 'I'm not advocating Trump is correct' (n/m) (General Chat) - The Gaffer, Apr 6, 13:05:12
- 👍 (n/m) (General Chat) - Under soil heating, Apr 6, 13:22:17
- Had the first chunk, not all of it (General Chat) - Under soil heating, Apr 6, 13:29:49
- Good analysis 👏🏼 (n/m) (General Chat) - footymadman, Apr 6, 12:08:10
- Agree that's a good read however it only addresses the economic aspect. The (General Chat) - The Gaffer, Apr 6, 13:02:11
- I’m sure at its core this video may have some interest but (General Chat) - Chopper, Apr 6, 08:37:35
- Yep in hindsight posting it on a football forum was probably stupid of me . Sorry. (n/m) (General Chat) - The Gaffer, Apr 6, 08:42:08
- Trump's a lunatic . (General Chat) - MORDENCANARY, Apr 6, 08:00:11
- Based upon your quick response I take it you didn't watch the video I posted. He may well (General Chat) - The Gaffer, Apr 6, 08:32:05
- come on Gaffer , you know how this site works (n/m) (General Chat) - ghostof barry butler, Apr 6, 09:10:38
- And he's crap at golf. (n/m) (General Chat) - DrDublin, Apr 6, 08:02:03
- He actually cheats according to some. (n/m) (General Chat) - protheroe fitzgibbon, Apr 6, 09:00:49
- And he's spending millions of tax payers dosh on playing it. (General Chat) - MORDENCANARY, Apr 6, 08:09:07
- Based upon your quick response I take it you didn't watch the video I posted. He may well (General Chat) - The Gaffer, Apr 6, 08:32:05
- Thanks for posting (General Chat) - Kev, Apr 6, 18:17:05
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