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slavka gough's avatar

https://youtu.be/hBoGaQUyvDc?si=yKV0Yz7tWSl7CCbg

America Suffers Biggest Tariffist Attack in History

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Its Just Me's avatar

Raspberries to Paul Ehrlich and other 'experts' like Benjamin Spock to today's Anthony Fauci for all the misery they've inflicted on mankind over the past 60-plus years.

As for Big Serge and his "loser mentality" comment, what does he know about the dignity of work and the human condition?

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dissonant1's avatar

"Market participants have been falsely conditioned by our monetary and fiscal policy in this country to always expect comfort." Yes! On a macroeconomic level there have been the exceedingly low interest rates and the omnipresent expectation of the Fed "put." Very dangerous and has encouraged speculation totally apart from any fundamental analysis. So we have had a flood of newly created capital pouring into speculative, financialized investments, as well as large growth stocks.

On an individual investment level, financial advisors and brokers have propagated the notion that you can't lose in the long term and any losses you do take will be very temporary. Also, they just invest in index funds - no work at analyzing individual companies needed on their or your part! Because pension funds and 401Ks also invest in this way there has been a disconnect between equity value and equity performance and a concentration of investments in a limited number of companies.

On a societal level, we have been led to expect "participation trophies" even in the absence of any active effort to maintain or improve our own situations. We have also been led to blame others for our circumstances when things do not meet our own expectations (which invariably will happen).

All of this needs to change. So perhaps in a small way, a "shock" to the current financial system and the markets (and a reallocation of resources based on reality) are very much needed, if painful, first step. Life isn't always fun and it isn't always easy and we are well advised to recognize that. OK, rant over.

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Annie Johnson's avatar

LEGALLY BLIND THUS CAPS

NEW SUBSCRIBER…APPRECIATE YOUR WORK.

TODAY I RECVD A POST FROM Michel Chossudovsky, GLOBAL RESEARCH.

ARTICLE TITLE:

Video: War and Globalization, America’s Roadmap of Conquest, Blueprint rGlobal DOMINANCE.

(LINK IS THUMBNAIL)

IN BODY: In September 2000, a few months before the accession of George W. Bush to the White House, the Project for a New American Century (PNAC) published its blueprint for global domination under the title: “Rebuilding America’s Defenses.”

The PNAC is a neo-conservative think tank linked to the Defense-Intelligence establishment, the Republican Party and the powerful Council on Foreign Relations (CFR) which plays a behind-the-scenes role in the formulation of US foreign policy.

I TYPED... PROECT FOR A NEW AMERICAN CENTURY... INTO SEARCH ON COUNCIL ON FOREIGN RELATIONS HOME PAGE. LOTS OF INFO RE THE PNAC.

FOR ANYONE READING THIS..THE CFR IS A THINK TANK BUT MORE THAN A THINK TANK. WATCH THIS VIDEO:

:Watch: https://www.youtube.com/watch?v=Ba9wxl1Dmas

END OF PAGE

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Annie Johnson's avatar

LEGALLY BLIND, THUS CAPS

THANK YOU FOR YOUR MESSAGE.

I AM JUST A READER OF NEWS STORIES…AND I SPEND LOTS OF TIME SEARCHING FOR MORE THAN THE WRITER OF THE NEWS STORY WANTS TO TELL ME. . SO PNAC IS A THINK TANK AND THERE ARE THOUSANDS OF THEM. TONIGHT I SEARCHED AND FOUND :

PNAC ..Founded in 1997 was dissolved in 2006,

SORRY FOR POSTING THE STORY. I DEPEND TOO MUCH ON GLOBAL RESEARCH.

DARE I ADD THIS? TRUMP IS GETTING SOME DIRECTION FROM THE HERITAGE FOUNDATION (PROJECT 2025) , THE TECHNOCRATS, AND CURTIS YARVIN.

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Mark Wauck's avatar

Thanks.

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Tamsin's avatar

I wish we could go through an economic reset for me and my fellow Americans here in this country, separate from bombing Iran to help Zionists achieve Greater Israel in the Middle East.

But I doubt that the Zionists, for whom it is a categorical imperative, and who have studied the matter closely, and who have bet a whole lot of money on Trump, and who staff every important post in his administration,

believe that Trump's reset will interfere with their plans to exterminate Amalek. Possibly, they expect it will help them. Trump has advertised using tariffs to achieve his goals for years. Not just since Miriam signed her most recent check.

Where do I go to sign up to NOT bomb Iran?

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AmericanCardigan's avatar

I don’t envision it happening. Just my intuition.

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Joe's avatar

It will ( for me anyway ) be most interesting to watch the effect of tariffs on Europe EU

Combined with putting Ukraine in the EU hands - these two acts seem perhaps intentionally to provide the catalyst to bankrupt Europe. Either one alone perhaps, both together seems possible.

EU, then add Canada, then add Greenland, the US will be taking a good portion of the West for itself. Intentional ?

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History Lass's avatar

"May you live in interesting times", gets more prophetic each passing day

Thomas Cahill, author of the phenomenal "How the Irish Saved Civilization", called defining moments in history the henges of history

He wrote a whole series of six books deal8ng these pivotal moments in history.

I wonder, if Trump pulls this off and the planet is not thrown into a cataclysmic WWWII, if we are not only in interesting. Fascinating times but at a henge point?

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AmericanCardigan's avatar

I’m just waiting for more JFK files and the UFO stuff to be released let alone the FBI’s files to open Russia gate.

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Mark Wauck's avatar

Maybe you noticed today, Trump 2.0 had a slew of legal wins. Some are a bit complicated, but it illustrates what Turley expects--that Trump will win many/most.

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AmericanCardigan's avatar

Yep. Saw that. Let’s Go!

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Manul's avatar

For the last few years the Chinese have been shedding their USTs, whether by letting them mature and not replacing them, or downright selling them. They have also been adding to their gold holdings. The reason is clear - they want to avoid the consequences of the weaponization of the dollar.

The Chinese have enabled the US to run ever larger deficits while also having access to cheap imported goods from China, though I will note that much of the stuff imported from China isn’t cheap when you factor in how short its lifespan is compared to what it replaced.

It is amusing to watch the political class that has demonized stocks now lamenting the fall of the stock market - all due to Trump’s tariffs, of course. Never mind that the stock market had achieved nose bleed altitude prior to the tariff war.

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AmericanCardigan's avatar

Thinking 4th of July might be more quiet this year as there may be no fireworks available or expensive fireworks at that. My dog would be okay with less.

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Apr 8
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Mark Wauck's avatar

I'm not exactly disagreeing. I'm suggesting that "Wall Street" and other related terms ("Zionist" "Israel Lobby") are all valid descriptors that include all sorts of people--most of whom, even in aggregate, don't have the critical mass of influence to make a difference between war and peace. But there are elites who can make that difference. So, the account of how the Rothschild's were the backers of the seven main Russian oligarchs illustrates that few even of the high profile oligarchs (whether in Russia or in the West) can make that difference.

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AmericanCardigan's avatar

One and the same me thinks.

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Mark Wauck's avatar

Think about what you just wrote. Are Trumps *masters* the people on Wall Street who lost trillions in market cap? Hardly likely. Somewhere today I wrote that the people losing their shirts on Wall Street are not the people who control Trump. There are people who saw this coming and have made out like bandits.

Doug Macgregor likes to talk the people who run the world as forming a Triple Entente of sorts--DC, NYC, City of London. I wrote about that in Empire of Hate, which I've linked several times in the past week. These are the people behind The Lobby, etc.

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JRob's avatar

Perhaps there were people who didn't exactly see what was coming, but they knew when to get out. The Dow made it’s all-time high on Dec. 4 2024, the NASDAQ on Feb 19 2025, and the S&P on Jan 23 2025. The sell-off was well underway long before Trump announced his tariffs.

A few days ago I mentioned in one of my comments that the fed closed the discount window to investment banks, and that is when they started unwinding their positions to pay off their loans. I've searched around trying to find out if that is true or not, but to no avail.

At any rate, Big Money realized that, for whatever reason, not enough money was coming into the market to push it higher, so they began selling. This is the eternal cycle of buy low, sell high. We're now going into the phase of buy low.

So yes, Big Money did not lose their shirts. They made money.

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Mark Wauck's avatar

Weird, innit?

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Apr 8
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Mark Wauck's avatar

I just responded to your original (but deleted?) comment, above:

I'm not exactly disagreeing. I'm suggesting that "Wall Street" and other related terms ("Zionist" "Israel Lobby") are all valid descriptors that include all sorts of people--most of whom, even in aggregate, don't have the critical mass of influence to make a difference between war and peace. But there are elites who can make that difference. So, the account of how the Rothschild's were the backers of the seven main Russian oligarchs illustrates that few even of the high profile oligarchs (whether in Russia or in the West) can make that difference.

Re your current comment, I'm not saying you're wrong. None of us really know what goes on in such rarified circles.

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Steel's avatar

Perhaps Trump's 'masters' know of his moves in advance and are able to make necessary manoeuvres to dodge the damage or even profit from them. Anyway, the great dynasties tend to hold much gold...

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