Donald Trump’s Ego Melts the Global Economy

According to the standards of historical events, many of Donald TrumpA letter on Wednesday afternoon in the garden of roses was significantly forgetting. Trump opened the case, which he described as “liberation day” in America, with a screaming of the terrible situation of the nation that could have been distinguished directly from the first Steve Bannon draft in 2017 for Trump “2017”American massacre“The opening title: cities and towns” was raped “and” looting “; factories” looting “; country” rupture “. The horrific loud, such as the loud red connection, strange shelves around Canadian milk and radical crazy judges, were familiar things-we heard this several times before.
But by the time Trump ended, there was something else also clear – we have never seen anything like him. In the middle of the road through his speech, Howard Lottenic, Balreser, called his golf friend It turned into a trade secretaryAnd even the platform with the great disclosure: planned by a list of countries and previous secret quantities of the comprehensive revenge definitions that Trump has planned to impose on. When the world was on to discover his fate, Trump read the numbers like a Maga The sign. The global trade war that has threatened it long ago, and it appears to have finally happened. “We will have to pass with some strong love, perhaps,” he said.
Harsh love, in fact. Even when Trump spoke, the first governance of financial markets around the world came – global collapse. The definitions were worse than expected. Futures decreased in the stock market. The dollar fell against other currencies. By the end of the markets on Thursday, the damage was very clear: American stocks recorded the largest decline since the first days of Corona virus disease Ben, lost nearly three trillion dollars in value. Companies began to put workers. “It was not an hour before the presidential speech, it cost a lot of people a lot,” Larry Samarz books On X. Again, Wall Street Boys, despite Trump’s numerous warnings, failed to take him seriously. “More spectacular than the market expected” He said Politico. “Tockedly high”, another He said the Times. “It is a disaster.” Etc., etc. You get this point.
Amid the chaos of excessive retirement savings, inflated supply chains, and their remaining allies, it may be a mistake to continue the error of the business organization in America about Trump. However, Was, was this a state of semi -virgin wishful thinking? And I think he is talking to a lot that we still do not understand in the ways in which Trump’s second term is made to a darker and more dangerous start than first. “What attracts my attention to me is not only that Wall Street has reduced the negative risks very badly-everything accumulated in the euphoria after the elections that assumed, unlike all the reports, the definitions will not occur,” Jeff Stein, Washington, Washington. Pillars Economy correspondent, books Thursday morning on x.
However, of course, global trade policy has nothing to do with commercial policy, and many things related to a failed theory of the issue about Trump. There is no rational analysis that would lead to a conclusion that the president will alone decide to explode the value of globalization in a century from Wednesday afternoon in April. I believed a response to Stein from Gary KasparovThe international chess champion in the modern era turned Russian dissidentHe was especially revealing. Kasparov attributed the failure to expect Trump’s trade war to an epic level of denial over the president Vladimir Putin-Like the brand of authoritarian personality disorder -after all, Putin’s unjustified invasion of Ukraine was not logical, for many who provided evidence that could not be refuted as planning. Instead, Kasparov Proposal The maximum of our unlawful times: “Dictators always lie about what they have done, but they are often clear about what they want to do.”
However, the most basic facts of Trump have proven amazingly. Why does a lot of people who have a lot convinced that Trump does not mean what he was threatening publicly since his first campaign nine years ago? The record has long suggested that although Trump has a few fixed ideological principles, the Sufi belief in the tariff forces is one of them. Frankly, he promised to launch mutual definitions in a campaign video on June 21, 2023, pledges, “Ain Al Ain, a tariff for tariff”. In the appearance of hundreds of executives in Chicago a few weeks before the 2024 elections, he said: “For me, the most beautiful word in the dictionary is” tariff “. At the Rose Garden event on Wednesday, Trump talked about the debts of patriotism that disappear, from jobs and factories” Odeh “. (Prices will also decrease – “in the end”.
At this new political moment of unimaginable appearance, Trump’s enormous power should not be reduced. Imagine his joy while sitting to sign an executive order that casts new customs duties based on the overwhelming forces that he might possess or not legally possess to declare the “state of national economic emergency” – there was Trump turning the world with the prosperity of one of his Sharpie. “It is a great honor to finally be able to do this,” he said. At any other moment in the modern era, one man had many unable to reach such a large region of the global economy? There are complete companies dedicated to risk analysis of companies; This is the position in which Trump itself is the danger and the crisis that is analyzed is a position he created. Talk about the ego journey.
Besides a misunderstanding of Trump’s psychology, there are some other conclusions that must be extracted from all this. One revolves around the maximum approach that the president followed to his second term. Trump 1.0 on government waste, the “deep state” evils, and the need to take a lawless action against illegal immigration; Trump showed 2.0 amazing preparation for his most sabotage ideas. It seems that this has surprised many of those who evaluated his speech that the noise is likely to fall prey to the same institutional restrictions and mismanagement that Trump hindered in his first term. Through this logic, it was the fact that Trump did not succeed in overcoming federal agencies or bombing the global economic system at the end of the first four years in office was evidence that he would not do this this time as well. Obus.
The difference is not much Trump – it is now surrounding it compared to eight years. It turned out that yes men yesterday were not just like today. (Mnuchin nostalgia? It is something. Nava; The plan was for Trump to announce the American-Trade deal with Canada and Mexico in a march at the time of peak as a pavement in the first hundred days in his position. Trump himself had been subjected to a long time ago Nava. But many of his other aides had died against the bombing of sudden relations with the closest American neighbors for an applause line in a political gathering. Banion Haila, then Trump Chief of Staff, Rennis Bribus, urgently summoned the cabinet officials who supported NavaIncluding Trump’s First Foreign Minister, Rex Tillerson, Minister of Trade, Wilber Ross, to the White House to stop him. Trump reluctantly agreed to wait, although it is He said Washington mail Sadly the next day: “Everything has been appointed to end it.”
Long after that, Bricus will get the credit for “organizing” a successful decline. But they understood what took eight years until many discovered – TROMP was really ready to do this. This time, it took only seventy -four days to break the global economic system. Trump was liberated, even if the rest is not. At the second White House, they are all Steve Bannanz now. ♦