Trump’s assault on U.S. living standards to attack China
Trump’s real tactic is to defeat the U.S. people, to sharply increase the rate of exploitation of them, and to use this victory to attack China.
US economy
Trump 2.0 and China – the real situation of the U.S. economy
If the U.S. cannot succeed in slowing China’s economy, then it can only decrease China’s lead in growth rate by increasing the percentage of net fixed capital formation in the U.S. economy.
The U.S. murdered Germany, Japan and the Asian Tigers – now it tries to persuade China to commit suicide
The U.S. knows from its experience in defeating Germany, Japan, and the Asian Tigers that a decisive way to slow a competitors growth rate is to get it to reduce its level of investment. The problem for the U.S. is that it has no means to force China to reduce its level of investment.
Key lessons from the failure of the U.S. and success of China’s economic stimulus programs
The present global economic situation is largely defined by the by the extremely negative consequences of the U.S. stimulus programs.
These consequences are fully in line with economic theory.
Clarity on these economic issues is crucial.
Even the IMF rejects Trump’s false claim that the US economy is growing fast
US growth during the present business cycle is the slowest in any business cycle since World War II.
New turbulence on US financial markets shows the limits on US growth under Trump
On Friday 2 February sharp turmoil, which had been building for some time, shook US financial markets.
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