Archive for June 27th, 2018

Trade Deficit Madness, From Ancient Rome To Modern Trump Card

June 27, 2018

Warning; Roman Semi Direct Democracy Collapsed Because Of Global Trade:

Trade is a crucial subject: it’s about who has work, thus who has power, and who has an occupation deemed worthy. In the last massive global trade system we had, with 25% of world population, the core, Italy and Greece got emptied, in nearly all ways, by global trade.

This made “We The Peoples” of the core of the empire weak, unmotivated, incompetent, and finally completely impotent in all ways, especially politically: Rome went from a somewhat Direct Democratic Republic to  a military and then dynastic dictatorship.

I explained all this in great details in many essays: the similarities with the present planetary situation are more than alarming. Roman plutocracy exploded, when the wealthiest and their corporations were able to evade Roman laws by going global. Just as US and EU laws are evaded by going global.

Unsustainable. This is not just dinero they are taking, or work, or power, its the very substance of the essence of democracy.

Obama, in particular, put lipstick on that global pig, by passing outrageous, highly visible banking laws which amounted to saying that only plutocrats could span the world: everybody else who pretended to live on both sides of an ocean, was a criminal.  

Unfortunately most people talking about the subject of trade are hyper partisan: they just want their own networks to gain, or conserve power so they can profit from it. It’s true from the right wing globalist exploiters long in power and their servants (Krugman, etc.) and its associated overlords of the Deep State.

There is also the fact that seriously deranged hyper partisanship has become big business…

***

So Trump imposes tariffs on Europe. Europe retaliates, as threatened, imposing, among other things, tariffs on (extremely polluting) Harley Davidson motorcycles. Harley Davidson CEO Matthew S Levatich says:

Our decision to move some of our operations is 100% based on President Trump’s tariffs. Mr. Trump knows nothing about economics and even less about trade. The man is a moron.

Supposedly left-wing organization like “Occupy Democrats” are so happy:

Complete anti-Trump hysteria by ignorant twerps. The owners of that site are making money hand over fist.

Occupy Democrats” is actually a for profit site. It was founded by twins born in Mexico, one of whom became an investment banker.  They won’t talk money, but they are thriving. BuzzFeed’s Silverman estimates they could be making six figures in advertising revenues every month. The site is dogged by fact-checkers, sued by a competitor, mocked by conservatives. But nevermind, hordes of the tribally hating march in unison, excoriating Trump… for things Obama did, or the US long did.

US has a gigantic trade deficit with… Ireland! Why? Tax evasion! Ireland is one of many tax havens within Europe, encouraged by the EU, so many US corporations use it that way. Per head the deficit of US with Ireland is 32 times what it is with France…

Trade deficit US with EU is $122 billion. With China, $375 billion. EU-China deficit: $176billion. Are those irresisted increases in deficit sustainable? No. What’s the main cause? Evasion by EU & US corporations of tax & work laws in EU and US. Harley claims it has to leave the US because of European tariffs, but it  is going to India, not Europe! Wrong! And an obvious lie: Harley long prepared its move to India.

Now agreed, India, a high tech country with cheap labor should be freed to receive Harley, and Harley to go there. So far, so good. However the trade with India should be balanced. Otherwise it is colonialism, pure and simple. Not just colonialism, bad colonialism.

 

Why is the situation with China alarming? The ignorant out there, have been properly misinformed by the plutocratic media which loves them to death. Total sales of Chinese products in the USA is above 500 billion dollars. What’s the total sales of products in the USA? 1.5 trillion dollars, triple that. So for the value of three products sold in the US, one third of this value is made in China. And typically this represents high added value. And the reciprocal is just 20%. How long can the working class take this?

 

The globalists who engineered Obama and his ilk are besides themselves with anxiety at this point: the global trade system is how they are gathering power, same as their predecessors in Rome, 21 centuries ago. Collapse them, collapse the future they had set-up for themselves and their descendants.

Globalism, its tax avoidance, and avoidance of laws and regulations, its exploitation of oversea territories, making deals with local potentates, is how plutocracy is getting ever more powerful. Yes, they demonstrated their power by giving a Nobel Prize to Obama which the whole planet could see he didn’t deserve. So Obama did what they wanted him to do: demonstrate further power by droning babies to death in countries the USA was not even at war with. Yes, they are mighty, but the struggle is not over. We are mighty too, we are mighty still, and enough with their lies!

Patrice Ayme


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in truth, only atoms and the void

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Omnes vulnerant, ultima necat

GrrrGraphics on WordPress

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Skulls in the Stars

The intersection of physics, optics, history and pulp fiction

Footnotes to Plato

because all (Western) philosophy consists of a series of footnotes to Plato

Patrice Ayme's Thoughts

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Learning from Dogs

Dogs are animals of integrity. We have much to learn from them.

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SoundEagle 🦅ೋღஜஇ

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Artificial Turf At French Bilingual School Berkeley

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Sean Carroll

in truth, only atoms and the void

West Hunter

Omnes vulnerant, ultima necat

GrrrGraphics on WordPress

www.grrrgraphics.com

Skulls in the Stars

The intersection of physics, optics, history and pulp fiction

Footnotes to Plato

because all (Western) philosophy consists of a series of footnotes to Plato

Patrice Ayme's Thoughts

Striving For The Best Thinking Possible. Morality Needs Intelligence As Will Needs Mind. Intelligence Is Humanism.

Learning from Dogs

Dogs are animals of integrity. We have much to learn from them.

ianmillerblog

Smile! You’re at the best WordPress.com site ever

Defense Issues

Military and general security

RobertLovesPi.net

Polyhedra, tessellations, and more.

How to Be a Stoic

an evolving guide to practical Stoicism for the 21st century

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Writer, Editor, Berliner

coelsblog

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