The Trump agenda to destroy the Eurocommies \ stacker news ~econ

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The Trump agenda to destroy the Eurocommies

733 sats \ 8 comments \ @TomK 19 Jan econ

At this point in the process, it is actually clear that we Europeans will not be able to free us politically from the Davosian party cartel. We are dependent on external help to destroy the gigantic manipulation and subsidize machine in Brussels. That can only happen if America attracts so much capital that we virtually dry up. Sad, but true.

tax cuts for the economy
deregulation of the economy
burying the climate bullshit
tariffs to force benefits for own economy
total decoupling of the City of London (SOFR)
put an end to money laundering in Ukraine (UK is biggest guarantor of Ukraine debt)
withdrawal of the military umbrella for the euro parasites (NATO withdrawal)
integration of Bitcoin as a hard asset/sound money in the financial system and promotion of individual sovereignty (tax-free usage, FASB etc)

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21 sats \ 3 replies \ @0xIlmari 19 Jan

I live in the EU and I HOPE Trump changes this toxic arrangement. European manufacturers had it easy. The US has been buying shit from us for decades since the Marshall Plan and their only export product has become the Dollar.

If Trump rebuilds the US production base and imposes massive tariffs, perhaps then the European economy will be forced to adapt or die. And finally shed the overregulation, ESG, DEI garbage.

64 sats \ 2 replies \ @Artilektt 19 Jan

I don't know if the US production base can really be rebuilt as long as the dollar is the world reserve currency. Triffin Dilemma.

88 sats \ 1 reply \ @freetx 19 Jan

Triffin Dilemma.

Soft landing the worlds economies into a Bitcoin Standard solves this....as then there is no "country" that is the reserve currency.

I know this is wishful thinking, but if the US really really wanted to make its citizens prosper by returning the economy to being truly productive, this would be a way out...

21 sats \ 0 replies \ @Artilektt 19 Jan

100%. Nick Szabo talks about how much of a historical aberration it is that countries are willing to trade purely in each other's fiat currencies.

21 sats \ 1 reply \ @Undisciplined 19 Jan

If I had to guess, I'd say the Trump administration will do some amount of the first four and then threaten to do the rest, unless Europe does some America friendly deregulation. I imagine that would primarily be related to impediments to US energy exports, but might also include being more crypto friendly.

22 sats \ 0 replies \ @TomK OP 19 Jan

No. 5 is already done. LIBOR (Eurodollar) is dying. The ZIRP credit pump is done

21 sats \ 0 replies \ @Coinsreporter 19 Jan

My guess is that Trump will burn everything till only ashes remain. Look what he has started with, a coin for his surname. This will also burn him. Let him enjoy the heat for now. He's putting everything, be it UScommies, Eurocommies or others on the line.

0 sats \ 0 replies \ @denlillaapan 19 Jan

we can, you know, leave.

was always an option/the obvious fate