I don’t know who the creators are of these videos, above, but damn – that’s impressive turn-around time. This was out just hours after Trump’ humiliating turn-tail-and-run about face on Greenland.
The combination of international revulsion, horrendous polling data in the US, and violent reaction by stock and bond markets, lead President Trump to a dumbfounding turnaround in his bellicose campaign to rupture the global order and take control of another sovereign state.
Incredible, and perhaps permanent damage done nonetheless to the global order that has preserved peace and created unprecedented global prosperity over the last 80 years.
In an hour-long speech before global leaders, Trump humiliated the United States, and all of those who support this President, (granted many of them will not know or understand).
Escalating tensions over Greenland are supercharging a dynamic that was already under way: a shift in the world economic order that had put the U.S. at the center of the global economy.
For investors the world over, America has long been a beacon of safety when uncertainty reigns, a nation whose deep and liquid financial markets are the premier destination for capital and home of a currency that is the lingua franca of international transactions. That is changing.
Trump’s combative economic and foreign policies are compelling countries to invest elsewhere, spend more on defense, make new trade alliances, and rethink the U.S. as the primary economic force around which to build their economies, security and futures.
New York Times had this:
In a long, rambling address that was by turns bombastic, aggrieved and self-congratulatory, President Trump pronounced last rites on American leadership of the liberal democratic order forged by the United States and its allies after World War II.
Mr. Trump used a keynote speech at the World Economic Forum in Davos on Wednesday — a pilgrimage site for adherents of globalization — to assert that the United States was done offering its markets and its military protection to European allies he derided as freeloaders. And he vowed to advance his trade war. He characterized tariffs as the price of admission to a land of 300 million consumers.
“The United States is keeping the whole world afloat,” Mr. Trump said. “Everybody took advantage of the United States.”
By evening, Mr. Trump had flip-flopped on Greenland. He said in a social media post that he would no longer use tariffs to try to wrest control of the Danish territory, at least while discussions between his top aides and Europeans carried forth. The announcement spared the sovereignty of the island, but there was no taking back the significance of Mr. Trump’s attack on the global economic order just hours earlier.
The nation that put a man on the moon has gone anti science. Wanna count the ways? Consider the many and serious consequences?
Trust in the USA is fkd for how much time? Alternatives are China and H bomb rich Russia. Well sht!
Please excuse my despondency and language, we will overcome.