Mês: agosto 2018

China

China—Not Russia—Elected Trump   James Walker Aug. 27, 2018   While media and political attention are focused on Russian “meddling” in the 2016 election, attention should be sharply focused instead on the role of China in electing Trump. It is that concern that should inform American action today. China’s long-standing predatory trading policies have eaten America’s lunch, impacting most severely those who carry lunch buckets to work in America’s heartland. These predatory policies have included most prominently currency manipulation, unfair trading practices and, most damaging of all, intellectual property theft. The combination of these policies have hit the American manufacturing worker the hardest. Unemployment, decades of declining incomes and loss of dignity are the prices many of these workers have paid. The Democrats did little effectively to relieve the frustration of workers in America’s manufacturing industry with failed trade policies as they watched their jobs move offshore. Trump came along, recognized their plight and decided to do something about it. So they voted for him in traditionally “blue” states. His economic policies now aim to reverse the neglect of the Chinese threat to the U.S. economy and confront it directly before it is too late. The Chinese have been manipulating their currency for decades, and America has lacked the leadership or political will to do much about it. Here is an explanation so America’s elected members of Congress might...

Ler mais

SI

Situação Internacional   João da Silveira Seg. 13 – TRUMP E A TURQUIA DE ERDOGAN : Gilbert Doctorow insiste que há uma lógica consistente em tudo que Trump está fazendo na arena internacional, ainda que suas ações pareçam contraditórias ou reversas. As reversões são feitas para confundir e derrotar seus inimigos domésticos. E a lógica consistente está em dinamitar todo o atual ordenamento de alianças militares que amarram os Estados Unidos, envolvendo-os em conflitos regionais fora de seu interesse e drenam mais da metade do orçamente de defesa somente com a manutenção de bases militares, mais de oito centenas delas, mil ou mais. No lugar das atuais alianças militares, Trump quer retornar a uma política de ‘balança de poder’ entre as grandes potências, que regulariam os conflitos entre si por meio de ‘esferas de influência’, enquanto os poderes menores se entenderão entre si no nível regional, sem interferência dos grandes poderes. O caso com a Turquia de Erdogan visa justamente o desmantelamento da OTAN-NATO. De forma semelhante, o caso com o Irã, o caso com a Convenção de Paris sobre o aquecimento global, o caso com a segurança dos países europeus, todos seguem a mesma lógica de desmantelamento do império dos neoconservadores, dominantes tanto em Bruxelas quanto em Washington D.C. . . A RÚSSIA E OS BONDS DO TESOURO AMERICANO: Benn Steil and Benjamin Della Rocca: Lá no Council on Foreign...

Ler mais

Response to Sanctions

Europe, Japan, China and Russia line up against US   David P. Goldman Aug. 22, 2018   The United States starts a tariff war with China. Japan and Germany jump at the chance to gain market share in China’s booming auto industry and boost their capacity in China, the world’s fastest-growing passenger car market. The United States imposes sanctions on Turkey. Germany announces that it will offer economic aid to Turkey, Qatar pledges $15 billion in new investment and a $3 billion foreign exchange swap line, and Chinese banks provide billions of dollars in new loans to the cash-strapped Turks. Chinese commentators declare that crisis is a great opportunity to integrate Turkey into China’s “One Belt, One Road” strategy. US President Donald Trump chides German Chancellor Angela Merkel for buying Russian natural gas through the Nord Stream II pipeline. Merkel summits with Russian President Vladimir Putin and confirms the pipeline arrangement, and also strikes a deal to aid the reconstruction of Syria in cooperation with Russia. The United States imposes economic sanctions on Iran, and Western insurance companies stop insuring Iranian oil cargoes. China responds by accepting Iranian insurance on oil imports, increasing oil imports from Iran, and shipping the oil in Iranian tankers, Reuters reported August 20. India was offered Iranian insurance on oil shipments as well, but Indian refiners reportedly will reject the offer. Western insurance companies...

Ler mais

USA

Popular Manifesto : Demand for Solutions   Jim Willie Jan. 15, 2014   Back in late 2004 during the first year of the Hat Trick Letter, my father had a conversation with me on his front porch. He was concerned about a negative streak in my perspective and a critical slant in my analytic work. He actually helped me in writing style, not content, like to correct errors in sentence construction. He pointed out lack of parallels, dangling modifiers, vague antecedents, and competing imagery. Many smaller discussions had taken place about a broken economy, absent industry from offshore efforts, debt buildup, enormous imbalances, the war machine emphasis, banker corruption, and unsound money itself. He always was concerned about the federal debt, citing it many times, and was alarmed later in 2006 when informed that foreigners held more than half our debt. He challenged me to produce solutions to the current difficult situation in the United States, an invitation to embark upon a positive streak. He was warned to be discouraged by the task. My response was direct and immediate, as a list would be produced, along with reasons why not a single suggestion would ever come to pass. The following comments between us were focused on the naive nature of the entire exercise, since a vile criminal element had overtaken the nation at its highest levels. He disagreed and...

Ler mais

US Dollar

The Split Birth Of New Scheiss Dollar   Jim Willie Feb. 10, 2014   The United States is fast racking up characteristics of a Third World nation. Its finances are Third World. Its president is Third World. Its banking integrity is Third World. Its absent industry is Third World. Its decaying cities are Third World. It urgently begs for a Third World currency, but that is soon to be remedied. The nation has been a freeloader on the global reserve currency for too long. That is about to end. For the last three years, the United States has been living in a fairy tale with bailouts from the vast bond monetization. The Quantitative Easing with its amplified bond purchases and hidden channels to disguise higher volumes has been operating as an historically unprecedented Wall Street bailout and Fannie Mae fraud recycle room. Pressures are building. The USDollar held in foreign jurisdictions is beyond the legal authority of the USGovt, which cannot continue covering its debts with inflation spew in the grandest heretic experiment in history. The solution within the global currency reset is the launch of the new American Dollar, for its own usage, no longer a global reserve currency. Given its wretched fundamentals, it earns the name of Scheiss Dollar. Those familiar with the German language recognize it as the Shit Dollar. It will be stowed high in...

Ler mais