Trump's 'Liberation Day': US govt imposes tariffs to 'reset' global trade, 'MAGA', 'defeat' China - Will it work?

[Debra]

Okay, fine. What was actually the more important point for me in this post was bringing attention of how the communist doctrine has been brought into the US school system to control the youth and destroy the countries sovereignty and Yuri explained that well. I'm sure many already know this here and maybe some don't but its part of the bigger picture in understanding whats happening. The infiltration of the country is happening, has happened in many ways for a long time.

The "Long Division" of North America(Canada and the United States) has been orchestrated and ongoing in strange increments, sometimes slowly, other times ramping up, look at the last 5 years, the destruction and mind programming went fast.
The slow brain washing and Trauma programming has been ramping up the last 4 generations, in my opinion.

My position is to kick out the rot and become a good neighbor to the entire world. Its a very convoluted situation with traitors hiding in every shadow. I want to see progress out of this dark hole.

Oh, @SummerLite, this is so beautiful and from a true feminine/maternal point of view.
Clean it up, and be nice to each other, I truly agree.
What a wonderful World it would be.
But these are not safe times for true, common sense objective views, and the gaping maw of the War machines are hungry.

I say I stand with Trump because I stand with the millions who want integrity brought to the country and freed from these criminals.

Trump, the hyped up Bull in the China Shop with such bad manners.....but in spite of that will he, can he do what he was elected to do?

On the surface of our 3rd density life in North America, that's pretty much all one can do, back the leader and hope for the best, but remember to question everything and observe as calmly as possible.

I read a book years ago that may be considered a primer for "Political Ponerology".
Was wondering if anyone else here has read it, or remembers it?

Its called "The Children's Story" by James Clavell, and he wrote it in 1963.
I received a copy from my Grandfather and read it in 1969.
For anyone interested, here is a synopsis from Wiki:

"The story takes place in an unnamed school classroom in the United States, in the aftermath of a war between the US and an unnamed country. It is implied that America has been defeated and occupied. The story opens with the previous teacher leaving the classroom, having been removed from her position and replaced with an agent of the foreign power. The new teacher has been trained in propaganda techniques and is responsible for re-educating the children to be supportive of their occupiers.

During the course of the story, the children are persuaded to abandon their religion and national loyalty. Framing the story is the fact that, while the children ritually recite a "Pledge of Allegiance" every morning, none know what it actually means. Addressed broadly, lacking the meaning of any word can lead anyone – child or adult – to the malleable state in which we see the children as the story draws to a close. The teacher is relentlessly optimistic about the change, offering the children candy, songs, and praise. When asked if the war was won or lost, she responds only that "we won", implying that everyone would benefit from the conquest.

Only one student is initially hostile to the new teacher, a child named Johnny, whose father had been arrested and placed in a re-education camp. At first, he defends his father, but when he is rewarded by the teacher with a position of authority in the class, he quickly accepts the new regime and commits himself to not accepting "wrong thoughts". The story takes place over a twenty-five-minute span."

The Children's Story - Wikipedia

en.wikipedia.org

​

 

[axj]

What was actually the more important point for me in this post was bringing attention of how the communist doctrine has been brought into the US school system to control the youth and destroy the countries sovereignty and Yuri explained that well.

Yuri Bezmenov described the process of ponerization quite accurately, but his claim that the KGB was responsible for that in the US seems to be simply disinformation. That is the consensus in the thread discussing his claims.

 

[SummerLite]

Oh, @SummerLite, this is so beautiful and from a true feminine/maternal point of view.
Clean it up, and be nice to each other, I truly agree.
What a wonderful World it would be.
But these are not safe times for true, common sense objective views, and the gaping maw of the War machines are hungry.

Oh, Thank you Debra, its so nice to hear kind words. Yes, this is the state we're all in, what it comes down to (unless your a psycho).

the gaping maw of the War machines are hungry.

Jeez.....what a disturbing image, a horrendous monster with a mind of its own, its trying to escape.

The "Long Division" of North America(Canada and the United States) has been orchestrated and ongoing in strange increments, sometimes slowly, other times ramping up, look at the last 5 years, the destruction and mind programming went fast.
The slow brain washing and Trauma programming has been ramping up the last 4 generations, in my opinion.

Yes, well said, I agree. It's a strange world we live in. And how social media plays such a focal point in all this drama, being run by our computers you could say.

Stay grounded, eat well, sleep well, stay calm and don't spend to much time on media sources.

I haven't heard of the book but its a good one. Such a very clear picture of a sad situation in a totally inauthentic world.

 

[SummerLite]

Yuri Bezmenov described the process of ponerization quite accurately, but his claim that the KGB was responsible for that in the US seems to be simply disinformation. That is the consensus in the thread discussing his claims.

I don't remember him claiming this since I saw the video years ago but I never had the impression it was the KGB that did this. I always assumed it was the other perpetrators or ptb which makes more sense. Its one big club after all.

 

[Mjöllnir]

Hi all…
I usually avoid discussions involving politics but…
Watch this video… it will help you to make more sense of the ‘Tariff War’.
A video by a free lance journalist Topher Field.

 

[mkrnhr]

We hear a lot of Trump did this and Trump did that. Something one may keep in mind is who or what whispers into Trump's ears to do this or that. Even with the best intentions (in theory), one can be lead to do things by others that control the information.
After reading this: Audio leaked of AIPAC leader boasting of special 'access' to top Trump national security officials
It occurred to me that Israel doesn't need the US ad aeternam. Once it secures what it believes to be a stable situation thanks to US money weapons and lives, it needs to destroy the US to avoid any retaliation. The US is made of disposable edomites after all. The MAGA coalition of big-tech, finance wizards, 1950's nostalgia, seems to have different views of what great means, and may split up some time in the future. Those who keep saying "Communist China" still live in the cold war era (they still view modern Russia as the USSR), the oligarchs dream of the return to the 19th century and the tech futurists dream of living in the 1960's science fiction novels. Even if by some miracle there is re-industrialization, who will work in the sweat shops, and who will own the factories? The belief in benevolent billionaires is still going strong. Implementing sanctions on China is based on the same hubris that led to the sanctions on Russia. On this point Trump is no different than Biden.
As long as the inside is not fixed, and while the gazes are diverted towards external non existing bullies, whether China, Madagascar or penguins, the destruction could finally be self-inflicted, come from within (the chosen ones), or from the sky. At this point of the cycle, desperately trying to be a genocidal hegemony may not be the wisest decision. OSIT

 

[daddycat]

Zerohedge has been pounding the table about the US Treasury basis trade, which no one here has mentioned. So I'm mentioning it and here is their latest article about it. The US Treasury basis trade involves hedge funds buying a treasury bond and selling the same duration treasury future, with huge leverage 100x, for trillions of dollars of treasuries. Zerohedge has been saying the basis trade is now busted, putting the hedge funds into giant losses and forcing the hedge funds to sell the treasury bonds they bought, which drives down the treasury bond price and thereby drives up the treasury bond yield (so not China, Japan, or Europe selling their treasury bonds). The article is behind a paywall now, but it wasn't when I grabbed it.

Here We Go Again: Basis Trade Disintegrates Sending Gold, Euro, Yen Soaring, Yields Trip Bessent's "Redline" As Dollar Plummets
by Tyler Durden
Thursday, Apr 10, 2025 - 06:14 PM

Here we go again.

We won't waste your time repeating virtually everything we have said in the past few days, suffice to say that we once again we find ourselves where we were on Tuesday morning, right just as the basis trade was disintegrating, as indicated by the sudden, rapid collapse in the 30Y Swap Spreads which are now where they were before Trump's pivot on Wednesday...

... which is again slamming Treasuries and pushing the 10Y yield above the so-called Bessent "red line" above 4.45%, which on Tuesday prompted Trump to pivot on his tariff vows and spark a brief relief rally...

... but just as more importantly has sent the dollar crashing in a sudden jerk spasm which saw 100DXY stops triggered, sending the dollar to the weakest level since July 2023 (as a reminder a core pillar of the Mirant Mar-A-Lago plan is just this, to nuke the strong dollar from orbit)...

... while the currencies of such prominent exporters as EU and Japan are soaring (the EURUSD briefly spiked as high as 1.1383, the highest since the start of the Ukraine war (as if Europe had found some magical source of cheap, abundant energy and was about to start making profitable cars again), assuring exports flows grind to a halt and their economies slide into recession, forcing their central banks to panic ease by either cutting or injecting much more liquidity in the system.

Since both economies are in desperate need of exporting as much as they possible can at a time when the global economy is careening into a recession, we wonder if their central banks will huddle up tonight to announce emergency liquidity injections... or wait a day or two more when it will be too late.

To be sure, equity futures are also slumping (we won't show you the chart since everyone is now tired of seeing US stocks plunging), which brings to one conclusion: as we explained on Tuesday, the collapse of the basis trade is sucking up every last bit of oxygen from the market, a market where the Emini top of book hit a record low $1 million earlier (meaning it takes a laughable, oddlotish $1 million to move spoos by 1 point)...

... and this will continue to do so until the Fed, which refuses to see the deflationary maelstrom developing before its eyes and instead is stubbornly waiting for June until Trump's tarrifs push CPI higher by 0.1%, steps in with a bailout facility. Although since said bailout will be of the hedge funds of some of the world's richest men, this may be a problem... which brings us to what DB's George Saravelos said two days ago: the only way to short-circuit the current funding crisis is to launch QE. Which of course would mean that Trump (and Bessent) win.

And now we wait to see who is the winner in the world's biggest game of chicken.

Here We Go Again: Basis Trade Disintegrates Sending Gold, Euro, Yen Soaring, Yields Trip Bessent's "Redline" As Dollar Plummets | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[axj]

Watch this video… it will help you to make more sense of the ‘Tariff War’.
A video by a free lance journalist Topher Field.

You could have easily summarized this video by saying that they think Trump's tariff negotiations will actually focus heavily on ensuring free speech in Western countries that have been disregarding it.

Free speech may be a part of the negotiations, but I doubt that it is the main reason for the tariffs. The main reasons seem to be re-industrialization, countering the BRICS and solving the debt problem.

The video also completely omits that free speech is under attack in the US itself by the Trump team who classify criticism of Israel's actions or even pointing out the massive Zionist influence in the US as "antisemitic".

 

[John G]

Just to put the notion of we can get rid of the income tax through tariffs to bed (as my mom keeps telling me), let me quote some math. Total income and payroll taxes in fiscal 2024 for the US were $4.065 trillion. Total US imports last year were 845 billion. So in order to directly offset the income tax the tariffs on EVERY DOLLAR OR FOREIGN TRADE would have to be 481%!!!! And obviously there would be a LOT LESS trade to tax if tariffs were that high. You CANNOT fund the US budget with tariffs while eliminating income taxes which represent 80% of total US tax revenue. And we are running almost a $3 trillion deficit on top of that according to those same reports.

So the whole narrative that they are putting out that tariffs will allow us to get rid of the income tax is just irresponsible by all the social media influencers who assume Trump is playing 4D chess all the time. The 7.8 trillion in total government spending needs to be completely slashed to get back to where we were before the curse of the income tax and money printing allowed government coffers to grow beyond their means.

Without slashing government spending more than DOGE is trying to do, a large national sales tax would have to be there too which might be OK with Roberts since it would leave the supply side alone.

 

[mabar]

Seems that China does not need US any more as US does.

 

[Mjöllnir]

You could have easily summarized this video by saying that they think Trump's tariff negotiations will actually focus heavily on ensuring free speech in Western countries that have been disregarding it.

Free speech may be a part of the negotiations, but I doubt that it is the main reason for the tariffs. The main reasons seem to be re-industrialization, countering the BRICS and solving the debt problem.

The video also completely omits that free speech is under attack in the US itself by the Trump team who classify criticism of Israel's actions or even pointing out the massive Zionist influence in the US as "antisemitic".

Well… the vid was done by an Australian and he seems to be the first to have picked up the free speech angle and I thought you might like to see him speak… but apparently not.

 

[mantle]

The following is a synopsis by the UK Column for today Friday 11th of April.
1. Tariffs have further triggered inflation.
1. Recession , stagflation and a collapsed bond market.
3. Rise in the cost of living leading to lower living standards.
4 . Tariffs have4 wiped out " gains from trade "
[ Buy cheaper imports , sell advantage. ]
5 . Fewer US goods and more expensive at home and more to export.
So...no significant trade in trade balance.
6 . Stock market crashes. Trillions wiped out further wrecking the U>S> economy.
7 . And wrecking the world trade system.
8 . If you are a millionaire you made an absolute killing. If a billionaire more by an enthusiastic degree.
9 Everybody else ...not good. They have been rinsed.
Nothing new except perhaps their level of laughter .

" It's a club and you are not in it."

 

[SummerLite]

Seems that China does not need US any more as US does.

View attachment 107676

Hmmm, I'm not sure about that. The US exports very little to China due to all the trade barriers they have but China exports a ton of stuff to the US. An opinion out there is this US tariff will be far harder on China's economy then theirs on the US. China has stopped export of certain rare minerals to the US but it looks like other sources are being found. I'd assume finding other sources of China goods will come along as well. Doing more business with India's pharmaceuticals could be one. The USA is the big consumer of world imports (unfortunately) so continuing doing business with them is important to many countries. We need to get away from cheap China goods at some point, a slow process maybe.

Another opinion is Xi is surrounded by very hard liners that will not allow a compromise with the US as this would make them look weak.

 

[axj]

An opinion out there is this US tariff will be far harder on China's economy then theirs on the US.

Hard to say. US companies now have to find substitutes to Chinese goods - or people in the US have to pay a lot more for goods that cannot be substituted in the short term.

China's exporters will certainly earn less in the short term and there may even be somewhat higher unemployment in China.

Both sides seem confident that they can do it. One major danger of reduced US-China trade is that the threshold to a military confrontation between the two becomes lower, since there is less to lose.

 

[mabar]

. We need to get away from cheap China goods at some point, a slow process maybe.

Issue is that thousands of US companies had prefer cheap labor, not precisely cheap goods.

So, with an iPhone, what would be the final consumer US price made with American materials, American wages, and made in America? I have read that up to $3500, very exaggerated, perhaps? Double would be enough, isn't it?