Trump news the third

[ordnance11]

Matrix Dragon wrote:

---

ordnance11 wrote:

---

Bob Schroeck wrote:

---

Trump's obviously never taken Econ 101. Tariff (and thus price) goes up, sales go down. He's going to end up with far less money than he's expecting.

Well add the 15 billion price tag to that wall that he'll never get from Mexico. Probably more if this thing gets through congress.

I think I see the 'logic' here. It's essentially economic sanctions until they cave in and pay the $15 billion... plus the extra cash for when this particular crazy project blows up the account book. This is gonna be messy.

Fallout:
1. NAFTA goes bye bye. you don't insult a nation like this and then say we'll stand by the agreements.
2. Trade war erupts between Mexico and U.S.... where it goes...your guess. What it would be is economic chaos.
3. Dow Jones crashes: This might bring back the Great Recession.
3. The U.S. lose credibility. Just going through this lunacy make us look like a rogue nation state. Or would it be a failed nation state?
Boy the U.S. is headed for a train wreck.Can we call this Year Zero?
__________________
Into terror!,  Into valour!
Charge ahead! No! Never turn
Yes, it's into the fire we fly
And the devil will burn!
- Scarlett Pimpernell