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Author Topic: The end is nigh for the US Empire  (Read 9043 times)

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Offline Wiz

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The end is nigh for the US Empire
« on: May 14, 2019, 12:59:47 AM »
The end is Nigh for the US Empire

( A phrase frequently used in relation to potential apocalyptic events)

I am amazed reading the other thread Buh Bye Maduro, Poka of how ignorant are some American posters of what is really going on AROUND THE WORLD.

Obviously they think the events from the beginning of the year and especially the yesterday events are insignificant for the future of the USA empire..

Well here is something for them to read and try to understand the real implications:



The Dow Jones industrial average had lost over 600 points by lunchtime in New York

"World markets plunged further on Tuesday following heavy losses on Wall Street after China delivered a swift rebuff to Donald Trump by imposing retaliatory tariffs on $60bn of US imports.

Beijing ignored warnings from Trump about the dangers of escalating the trade conflict and sent tremors through global markets by announcing a new 25% import duty on a range of US products."


"In the latest stage of the tit-for-tat battle between the world’s two biggest economies, China targeted almost 2,500 products, from food and consumer goods to chemicals and machinery, and said the increases would come into force next month.

Apple, Boeing and Caterpillar were the biggest casualties of a global market sell-off as investors concluded that they would be among the companies most affected by China’s action.

The Dow Jones industrial average lost more than 600 points, both it and the S&P 500 recording their biggest losses since January, after hopes of a speedy resolution to the dispute were replaced by fears of a long and damaging trade war.

Trump has drawn up plans to extend US tariffs to the $300bn-plus of Chinese imports not currently targeted, while there were hints from Beijing that it would start to sell some of the US Treasury bonds it holds".


Read more: Global markets fall as China hits back at US with new import tariffs


Why the sun does not shine on the Ex- British Empire Anymore? Because God never trusted an Englishman in the dark!

Online Guile

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Re: The end is nigh for the US Empire
« Reply #1 on: May 14, 2019, 05:46:20 AM »
better than Britain and Brexit

Offline cufflinks

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Re: The end is nigh for the US Empire
« Reply #2 on: May 14, 2019, 02:01:55 PM »
Clearly Classic Communist Marxist WIZardry - One-Sided, Ill-Informed and entirely Anti-American America Hating Bias...

First off We are at a 40 year Super Cycle peak in both the DOW and S&P and overdue for a mathematically predictable correction and overdue especially since the Treasury Intervened with the FED and the Plunge Protection Team on Christmas Eve 2018 and drove the markets back up to a Double Top All-Time Highs...  the entire Globex World is shorting S&P at 3,000 for at least a Fibonacci 21% to 32% correction to the 2400 to 2100 range.  After this pending Summer "Sell in May and Go Away" correction the Markets will rise to the S&P 3500 New All Time High Level in the Summer/Fall of 2020 just in time for the Good King Emporer Trump's coronation er ah um Re-Election and set up Don Jr. as next in line of the Trump American Patriots Dynasty versus the Mad Murdering Marxist Socialist Communist WIZards lying liars Bernie Beto Warren Harris Buttgay, Wang Creepy Uncle Joe embracing looney latina AOC (Always for Overthrow by Communism) Green New Steal program.

The Markets Heat up and rise then they cool off and come back to balance.  Simple Maths really.

Regarding the Criminal Murdering Marxist Chinese Freaking Red Communists... punching the Big Bad Wolf Bully USA in the nose - the Markets Disagree...

The FXI Ishares China Large Market Cap ETF (Top 60+/- Chinese Trade Corporations by Market Capitalization)
Traded at a low of $38.00 in January 2019 then a high of 45.95 in April 2019 and now Correcting back to $40.50 this week, a Fibonacci .618 Correction and eventually back to $38.00 this summer... a 67% then 100% corrections... for the top 60+/- Corporations by Market Capitalization in the CFRC.

Market Traders making a Killing off CFRC (Chinese Freaking Red Communists) FXI Puts at the moment...

You can phock with the markets and phool them some of the time but you can not fool them all of the time as there are so many High IQ people operating in and near China (with VPNs) eventually the TRUTH will out.

Once the true Patriots reelect the Champion Uber Patriot Good King Emporer Trump the chosen servant of our Lord God Almighty then the real Globalist Communist Marxist Socialist Arse Whoopings really begin.

Mark these words - it has been written so shall it be done!

Laughable the Marxist Communists have been predicting the demise and doom for the USA since Nikita Kruschev was banging his damned proletarian princely shoes on the UN Podium when I was in early grade school likely and early motivation to serve as a US Navy High Speed Nuclear Fast Attack Hunter Killer submariner - it has been a long time and the Patriot Wing of the USA is in the process of taking over again.

You do not have to be a perfect person to be a perfect Patriot.

The British Patriots who Produced the Epic movie HUNTER KILLER also disagree with the Wilding WIZards World of Murdering Marxist Communists.

Nut Up, Guns Up and Ammo Up going to get interesting sooner rather than later in the Land of the Free and Home of the Brave.


Offline Wiz

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Re: The end is nigh for the US Empire
« Reply #3 on: May 14, 2019, 02:56:21 PM »
Obviously you are completely of your rocker.......probably you have lost plenty of Dollars with the ups and down swings of the Casino...... that is called the Markets......and all you do is to speak gibberish, a language used by your ilk and expect everybody around here to understand what you are talking about!

BTW few days a go I have asked you about the Trading public debt of 3 trillion Dollars, how the US is going to repay it....and remain solvent, which it is not at the moment.  I guess the gangsters of your admin have no intention to repay back these Government loans........ not sure if they also pay the interest of the Gov, bonds.

Your Empire is living wit a perpetual debt, imposed to you by the Banksters and now the Mafia representative play hard ball with every body!

Your Financial markets have been attacking the Chinese Economy for a long time and have achieved nothing.

Mr Gordon Gekko you have not notived what I posted on the last Line:

Quote: "while there were hints from Beijing that it would start to sell some of the US Treasury bonds it holds".

Finally Mr Casino expert..... your country has attacked Russia for the Past 6 years because of their support for Syria, and you achieved nothing! Putin Spends all the dollars he earns to Buy gold.... and if China start offloading their pile of $ too then Putin and Xin will fart together and your paper Tower will fall to the ground.

Has it cross your mind and asked your self, why "Tramp" the Gankster representative has not attacked Russia and Putin Directly?

Because Puting is holding him by the balls, as he knows all about Tramps  money laundering......and maybe a nice film while he was playing around....

Now go home and pray the markets to go up tomorrow as it happens mostly on Wednesday.

BTW it's time for you to take some language and writing skill lessons so you can write in a language and style that everybody can understand what you say and mean!

 :P :P :P  tiphat


Why the sun does not shine on the Ex- British Empire Anymore? Because God never trusted an Englishman in the dark!

Online AvHdB

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Re: The end is nigh for the US Empire
« Reply #4 on: May 14, 2019, 04:29:20 PM »
Wiz, The mantra that America is at its eminent demise is tiring. A 2% stock correction  :Zzzzsleep:

I suspect you are looking at the reality backwards, America is not slipping backwards, but rather countries such as India, China and Russia are catching up. It is called Globalization. Get used to it.

Here is a song that explains allot.


“If you aren't in over your head, how do you know how tall you are?” T.S. Eliot

Offline dcguyusa

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Re: The end is nigh for the US Empire
« Reply #5 on: May 14, 2019, 05:19:41 PM »
That's not the only thing that took a big fall.   Look closely, it looks like the guy next to him with the hockey stick, hit him on the leg.   :chuckle:

https://www.nytimes.com/2019/05/11/world/europe/putin-hockey-falls.html
An uninformed opponent is a dangerous opponent.

"Y'all be makin shit up" ~ Markeith Loyd

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Re: The end is nigh for the US Empire
« Reply #6 on: May 14, 2019, 05:31:00 PM »
That's not the only thing that took a big fall.   Look closely, it looks like the guy next to him with the hockey stick, hit him on the leg.   :chuckle:

https://www.nytimes.com/2019/05/11/world/europe/putin-hockey-falls.html

Pride goeth before a fall.
“If you aren't in over your head, how do you know how tall you are?” T.S. Eliot

Offline cufflinks

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Re: The end is nigh for the US Empire
« Reply #7 on: May 14, 2019, 11:11:35 PM »
Obviously you are completely of your rocker.......probably you have lost plenty of Dollars with the ups and down swings of the Casino...... that is called the Markets......and all you do is to speak gibberish, a language used by your ilk and expect everybody around here to understand what you are talking about!

BTW few days a go I have asked you about the Trading public debt of 3 trillion Dollars, how the US is going to repay it....and remain solvent, which it is not at the moment.  I guess the gangsters of your admin have no intention to repay back these Government loans........ not sure if they also pay the interest of the Gov, bonds.

Your Empire is living wit a perpetual debt, imposed to you by the Banksters and now the Mafia representative play hard ball with every body!

Your Financial markets have been attacking the Chinese Economy for a long time and have achieved nothing.

Mr Gordon Gekko you have not notived what I posted on the last Line:

Quote: "while there were hints from Beijing that it would start to sell some of the US Treasury bonds it holds".

Finally Mr Casino expert..... your country has attacked Russia for the Past 6 years because of their support for Syria, and you achieved nothing! Putin Spends all the dollars he earns to Buy gold.... and if China start offloading their pile of $ too then Putin and Xin will fart together and your paper Tower will fall to the ground.

Has it cross your mind and asked your self, why "Tramp" the Gankster representative has not attacked Russia and Putin Directly?

Because Puting is holding him by the balls, as he knows all about Tramps  money laundering......and maybe a nice film while he was playing around....

Now go home and pray the markets to go up tomorrow as it happens mostly on Wednesday.

BTW it's time for you to take some language and writing skill lessons so you can write in a language and style that everybody can understand what you say and mean!

 :P :P :P  tiphat

Wizzie - Dude you really need to get laid more often and reduce all that stress that is evident in your Marxist Communist inspired chronic Trump Derangement Syndrome - do you have any idea how many multiples of Trillions of Dollars in this World (24 Trillion offshore and nearly as much in USA Pension and Mutual Funds) would love to buy up those so-called Chinese owned US Treasuries to earn the guaranteed interest on them....  Threats by China to sell all their Treasury Bills and Notes are laughable between US Entities and our Trading Partners there are likely 10 Buyers for every T Bill or Note the Chinese want to sell because they offer above NIRP/ZIRP or negative/zero rates - what a Marxist Commie fool you have become - SAD.   Really who else on Planet earth is lining up as a dumping ground for $500 Billion a year of Cheap Low Quality Chinese JUNK slave labor factory products. 

Communist Freaking Red China and their NoKor puppets Days of Reckoning are LONG OVERDUE.  As for Good King Emporer Trump, his power is rapidly consolidating now that the Military Industrial Complex and Energy Industry is solidly backing him 100% due to you Crazy Communists and your nutty Green New Steal blatantly trying to crush the US Economy in the name of Global Warming when the science shows we are entering a new period of the Solar Minimum and likely to cycle into the next 20,000 year ice age - any human incidental Global Warming is just delaying the next Global Ice Age - what will you looney lefties be complaining about when it is 10 degrees below zero during your Euro summers - probably the only thing likely to drive your tidal wave of gimmegrants back to their deserts and jungles.

The entire purpose of the various Mideast Wars is to contain the religious fanatics there as well as in the immigrant loving EU 4th Reich so we don't have to deal with that many over here.  So far that plan has worked out rather well.  At least NATO is not a total waste of our tax dollars as long as they keep the lid on your beloved EMEA gimmegrants and in Europe - too bad the lands of our ancestors are becoming multiculturally enriched human cesspools.  You all voted to be Modern Marxist Socialist Justice Warriors - be careful what you wish for.

Offline cufflinks

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Re: The end is nigh for the US Empire
« Reply #8 on: May 14, 2019, 11:18:00 PM »
As for Russia they have a much bigger threat south of their Borders than from the USA ...

https://www.amazon.com/When-Siberia-Will-Be-Chinese/dp/B079C71385/

When Siberia Will Be Chinese

51 min 2018

Subtitles and Closed Captions
Initially belonging to China, Eastern Siberia became Russian after the defeat of the Middle Kingdom by Nicolas I, in the nineteenth century. Today, as Russia has moved to annex the Crimea will China do the same with Siberia? Some 7 million Russian and 148 million Chinese are living along this border and little by little, the Chinese are crossing over the Amur River to settle on the Russian side.

Offline Wiz

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Re: The end is nigh for the US Empire
« Reply #9 on: May 15, 2019, 03:20:58 AM »

Wizzie - Dude you really need to get laid more often and reduce all that stress that is evident in your Marxist Communist inspired chronic Trump Derangement Syndrome - do you have any idea how many multiples of Trillions of Dollars in this World (24 Trillion offshore and nearly as much in USA Pension and Mutual Funds) would love to buy up those so-called Chinese owned US Treasuries to earn the guaranteed interest on them....  Threats by China to sell all their Treasury Bills and Notes are laughable between US Entities and our Trading Partners there are likely 10 Buyers for every T Bill or Note the Chinese want to sell because they offer above NIRP/ZIRP or negative/zero rates - what a Marxist Commie fool you have become - SAD.   Really who else on Planet earth is lining up as a dumping ground for $500 Billion a year of Cheap Low Quality Chinese JUNK slave labor factory products. 

Communist Freaking Red China and their NoKor puppets Days of Reckoning are LONG OVERDUE.  As for Good King Emporer Trump, his power is rapidly consolidating now that the Military Industrial Complex and Energy Industry is solidly backing him 100% due to you Crazy Communists and your nutty Green New Steal blatantly trying to crush the US Economy in the name of Global Warming when the science shows we are entering a new period of the Solar Minimum and likely to cycle into the next 20,000 year ice age - any human incidental Global Warming is just delaying the next Global Ice Age - what will you looney lefties be complaining about when it is 10 degrees below zero during your Euro summers - probably the only thing likely to drive your tidal wave of gimmegrants back to their deserts and jungles.

The entire purpose of the various Mideast Wars is to contain the religious fanatics there as well as in the immigrant loving EU 4th Reich so we don't have to deal with that many over here.  So far that plan has worked out rather well.  At least NATO is not a total waste of our tax dollars as long as they keep the lid on your beloved EMEA gimmegrants and in Europe - too bad the lands of our ancestors are becoming multiculturally enriched human cesspools.  You all voted to be Modern Marxist Socialist Justice Warriors - be careful what you wish for.

Cuffy

Just for your information, pls be reminded that wiz is already married and has no need of your adult advice.

On the other hand, taking a look at your own avatar it appears that you are still single and it is understandable that you don't have somebody to help you reduce or manage your over the top paroxysm and blood pressure after the current movements in the Casino where you stated you are a member playing $ (toilet paper currency)....... for real money and  supported by tangible valued assets.

Of course I understand that it must be very difficult to have to take care of your self in stressing times and I guess your nights must be very long playing lonely games and watching interesting videos..

As about the big money waiting around to be invested.... it's nothing more than digits on your computer, NO REAL TANGIBLE ASSETS. China on the other hand...... has been buying all your important factories and valuable assets, moto manufacture, hotels etc. and I must remind you that the Chinese are 1.7 Billion and not 350 million...........

Just watch this clip and pay attention to the words...after the 1.50 minute.

The Russia House - A Picasso Metaphor


That is the appropriate answer to your unspeakable language and behaviour you exhibit on this friendly board.

It simply proves that you are unable to have a normal pleasant debate and conversation because good manners it's not part of the culture of your gangster Nation.

As it happens I am a citizen of a "friendly" Nation to yours, who for over 200 years has been Royally F  :censored:  ing your terrorist State and you don't even know about it!

The last words in the Clip, above it totally appropriate for my thoughts towards your Terrorist criminal State.

I don't give a FcuK if your Criminal Empire go down or not!
 
 :evilgrin0002:
Why the sun does not shine on the Ex- British Empire Anymore? Because God never trusted an Englishman in the dark!

Offline msmoby

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Re: The end is nigh for the US Empire
« Reply #10 on: May 15, 2019, 04:46:45 AM »
Wiz,

Can't you go help Hannah in the garden, or do something more productive?

I have never claimed to be a Blue Beret

Spurious claims about 'seeing action' with the Blue Berets are debunked >here<

Here is my Russophobia/Kremlinphobia topic

Offline cufflinks

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Re: The end is nigh for the US Empire
« Reply #11 on: May 15, 2019, 09:52:35 AM »
LOLOLOL Wizzie you really do represent the worst examples of Marxist Socialist Communist evil in Humanity - this is an ever-present undercurrent in most of the Greek Marxist Anarchists running feral around the USA and infecting the UK and remainder of the EU.

What I love about Moscow is that it is basically the Epicenter for a Land Mass spanning 11 time zones that have adopted Hong Kong style Free Market Economics - the Market "Casinos and Toilet paper currencies" you accuse me of being a demented money monger of are part and parcel of the Free Markets of which Moscow is one of the most successful Markets on the planet.  And your assertions are really ignorant as Crypto Currencies, Blockchain and DLT Digital Ledger Technologies were invented primarily in the USA and shared Open Source with the rest of Humanity with Mainland Chinese now mining nearly 50% of major Cryptos providing freedom from all State Manipulated Currencies Yuan, GBP, Euro, Yen and USA/CAN/OZ bux etc etc. 

Western sanctions are but a mere annoyance for Moscow really foisted on Moscow and Russia via the Rulers of the City of London who covet control of their independent Russian Central Bank - Drives the Rothschilds even more insane and Bat Shite Crazy than the Greek Marxist Communist Anarchists.  The same City of London CFR-Bilderbergers alliance which are also the shadow rulers of the USA (Rothschilds, Rockefeller, JP Morgan Chase, Tel Aviv-NYC CFR Bilderberg alliance) and to whom Trump is also giving a Corrective Interview to at present.

I have had a friendly relationship with many folks here for years except for a couple of vicious old miserable USA hating curmudgeons like you.  I have always attempted to be helpful when asked.  And to be quite candid you are incredibly easy to spin up into your TDS Frenzy and Marxist Socialist Communist Greek Anarchist RAGE.  Paints you as quite the Fluffer Nutter really.

The thing that makes me laugh is that your Euro Media agitated Trump Derangement Syndrome has you all so brainwashed as to the imminent demise of the USA - in New England we have become one of the Centers of the Global Knowledge Economy and one of the TOP TEN preferred offshore regions for Mainland Chinese to Hedge their bets due to all of the University R&D and 300,000+ University Students which are nearly 20% mainland Chinese since Chinese Millionaires and Billionaires can transfer some Plan B or C cash to support their Sons in university here.  The Asian (Mainland Chinese) students have even filed a federal discrimination lawsuit against vaunted Harvard University itself since they decided to Cap "Asian" students at 25%.

With Good King Emporer of the World Trump dropping USA Corporate Tax rates to 20% from nearly 40% EU firms are quietly setting up USA HQs and factories right here in the USA and New England to have access to our skilled knowledge economy workers.  The New England and NYC regional Economies are absolutely BOOMING Moscow Style to the point that we are strong enough now economically to give Mainland China, the EU (Germany) and our other major trading partners Canada, Japan, Mexico and Korea a major Corrective Interview that from now the Phock on trade with the USA will, in fact, be reciprocal and better for your economies in the long run if you want to sell here - open factories here Just Like the Fortress EU.  The USA is, in fact, the World's Largest Tangible asset in the Global Knowledge Economy.

So this should be the last time I attempt to counsel and assist you on your terminal America Hating Trump Derangement Syndrome as it may, in fact, be an incurable disease in your case.

We have held out a very generous Olive Branch to the UK and Ms. May to provide unfettered preferential access to the USA's massive global markets and your stealth "Remainer" Mrs. Machiavelli May who claims to want an (EU organized and sanctioned and controlled Mrs. MAY) orderly Brexit has snubbed our offers of a preferred trading status that could jump-start your new independent economy and turn the UK and all the British Commonwealth of Nations into a modern prosperous tech society like Switzerland raising the UK median family income from the high $30K range to the Swiss average of $66K - yet the Royals and May have not only Snubbed the great patriot with a soft spot for the UK President Trump but slapped away our preferred trading status offers (DUMB).

Lastly, I use Grammarly as a background tool to correct my large fingers tendencies to miss keys on a small keyboard - I have had more than a few people suggest I look like a Boston Bruin (Bear) so if you have issues with my use of the international version of the English language versus the unique form of UK English bearing little resemblance to either the King's BBC English and international USA/Canadian English take it up with the folks at Grammarly.   :smokin:

Offline Wiz

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Re: The end is nigh for the US Empire
« Reply #12 on: May 15, 2019, 01:06:58 PM »
Cuffy

May I remind you that I was born in Greece and I have lived in the UK for over 40 years so stop spreading crap about me. Additionally, I don't have a problem showing my face..... unlike you and all American's on the Board... As a bear you must be very scary........ :ROFL:

The fact of the matter is that you have not a clue about my political beliefs and orientation and like a new McCarthy you spread your vile accusations against me, as you have nothing of any importance to say, apart of some stories from the swamp In the wall street and around NY that I call Casino.

May I remind you that over the years I have not had any interaction with you because I could not be bothered to listen to all the crap you spouting out about your America and other financial achievements from your country. The fact is that behind all your blaster…… there are thousand of lies hiding the real truth about your dying Empire.
I am sure you know that all Empires go up and then fall down……. And that is what you are looking forward to meet soon or later.

I asked you some direct questions about the $23 Trillion debt and if your country has plans to pay it back …. and you avoided to answer. No surprise there as you don’t know how you can do it!

On your last posts you posted plenty of reason why your country will continue taking advantage of all other with force, but the truth of the matter is the number tell us a different story,

Take time and have a good look at these figures from the horses is mouth….. and then come and talk to us about trading with China and any other country.

You see the official numbers don’t lie only bolshie’s like you who think too much about themselves when the reality is the opposite of what you are telling us.

United States Census Bureau  - Trade in Goods with China

China and the United States are engaged in a trade war as each country continues to dispute tariffs placed on goods traded between them. US President Donald Trump had declared in his campaign to fix China's "longtime abuse of the broken international system and unfair practices".

  • China is America's largest trading partner, with annual trade in goods and services
    worth about $663 billion. ...
  • The value of U.S. trade with Canada is $662 billion, just a smidge less than China. ...
  • Mexico ranks as America's third biggest trading partner, worth $586 billion

The last time the USA had a trade surplus was in 1975

 :P :P :P


Little reminder and don't get apoplectic!

Why the sun does not shine on the Ex- British Empire Anymore? Because God never trusted an Englishman in the dark!

Online andrewfi

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Re: The end is nigh for the US Empire
« Reply #13 on: May 15, 2019, 01:39:37 PM »
Cuffy, why 'mislead' us?

As a user of Grammarly myself, I am certain that even the free version of the tool would have picked up errors such as 'Emporer' and your execrable capitalization errors.

Don't blame your tools for your lack of ability.
...everything ends always well; if it’s still bad, then it’s not the end!

Offline cufflinks

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Re: The end is nigh for the US Empire
« Reply #14 on: May 15, 2019, 04:41:34 PM »
Cuffy, why 'mislead' us?

As a user of Grammarly myself, I am certain that even the free version of the tool would have picked up errors such as 'Emporer' and your execrable capitalization errors.

Don't blame your tools for your lack of ability.

You pompous Brit arse the fist sign of an arrogant prick looking for a fight is to correct another man's writing style or use of language - you lot are pompous arrogant Brit Pricks and I am a high IQ technically astute Yank Patriot - huuge difference in attitude, experience and loyalties really - I type fast and for effect - as in the perfect being the enemy of the good...

Anyway, a great article behind a subscription Paywall by Jim Rickards of Strategic Intelligence that gives a historical perspective why the USA Patriots must support aggressive Tariffs over the Marxist Communist Globalists lies euphemistically called "Free Trade"...

Anyone who does not agree is both a Marxist Communist, my mortal Enemy and a Traitor for the cause of Freedom and Liberty in the USA and around the world:

Tariffs: As American As Apple Pie
By Jim Rickards

Listening to hysterical commentary from the mainstream media about President Trump’s tariffs, one would think his policies were in violation of the U.S. Constitution. Nothing could be further from the truth.

America grew rich and powerful from 1787–1962, a period of 175 years, using tariffs, subsidies and other barriers to trade to nurture domestic industry and protect high-paying manufacturing jobs.

In fact, tariffs are as American as apple pie.

Trump is using the same basic playbook that predominated in U.S. policy from George Washington forward. Washington’s secretary of the Treasury, Alexander Hamilton, drafted a report to Congress called the Report on Manufactures presented in 1791. Hamilton proposed that in order to have a strong country, America needed a strong manufacturing base with jobs that taught skills and offered income security.

To achieve this, Hamilton proposed subsidies to U.S. businesses so they could compete successfully against more established U.K. and European businesses.

These subsidies might include grants of government land or rights of way, purchase orders from the government itself or outright payments. This was a mercantilist system that encouraged a trade surplus and the accumulation of gold reserves.

Hamilton’s plan was later proposed on a broader scale by Kentucky Sen. Henry Clay. This new plan began with the Tariff of 1816. Clay’s plan was called the American System. Abraham Lincoln adopted the American System as his platform in the election of 1860, and it became a bedrock principle of the new Republican Party.

The 19th and early 20th centuries were a heyday of the American System. This period was characterized by enormous economic growth and population expansion by the U.S. The American System was also accompanied mostly by low inflation or even deflation (which increases the purchasing power of everyday citizens) despite occasional financial panics and some inflation during the Civil War.

Trump is simply returning to that tradition.

Against this mercantilist system was a theory of free trade based on comparative advantage as advocated by British economist David Ricardo in the early 19th century. Ricardo’s theory said that trading nations are endowed with attributes that gave them a relative advantage in producing certain goods versus others.

These attributes could consist of natural resources, climate, population, river systems, education, ports, financial capacity or any other factor of production. Nations should produce those goods as to which they have a natural advantage and trade with other nations for goods where the advantage was not so great.

Countries should specialize in what they do best, and let others also specialize in what they do best. Then countries could simply trade the goods they make for the goods made by others. All sides would be better off because prices would be lower as a result of specialization in those goods where you have a natural advantage.

It’s a nice theory often summed up in the idea that Tom Brady should not mow his own lawn because it makes more sense to pay a landscaper while he practices football.

For example, if the U.K. had an advantage in textile production and Portugal had an advantage in wine production, then the U.K. and Portugal should trade wool for wine.

But if the theory of comparative advantage were true, Japan would still be exporting tuna fish instead of cars, computers, TVs, steel and much more.

The same can be said of the globalists’ view that capital should flow freely across borders. That might be advantageous in theory but market manipulation by central banks and rogue actors like Goldman Sachs and big hedge funds make it a treacherous proposition.

The problem with this theory of comparative advantage is that the factors of production are not permanent and they are not immobile.

If labor moves from the countryside to the city in China, then suddenly China has a comparative advantage in cheap labor. If finance capital moves from New York banks to direct foreign investment in Chinese factories, then China has the comparative advantage in capital also.

Before long, China has the advantage in labor and capital and is running huge trade surpluses with the U.S., putting Americans out of work and shutting down U.S. factories in the process.

Worse yet, countries such as China can pull comparative advantage out of thin air with government subsidies, exactly as Hamilton proposed 227 years ago. The most famous example of this is Taiwan Semiconductor.

In the 1970s, Taiwan had no comparative advantage in semiconductor production. But with government subsidies to a national champion, today Taiwan Semiconductor is the largest supplier of semiconductors in the world.

When did the U.S. abandon the system that worked so well for so long?

Beginning in 1962, the U.S. turned its back on a successful legacy of protecting its jobs and industry and embraced the free trade theory. This was done first through the General Agreement on Tariffs and Trade, or GATT, one of the original Bretton Woods institutions in addition to the World Bank and IMF.

Beginning in 1995, the World Trade Organization, WTO, displaced GATT and has been the main venue for U.S. free trade policy ever since. China became a member of WTO on Dec. 11, 2001, but has notoriously broken many WTO rules since joining.

The globalist approach might work if everyone were a free trader and no one resorted to tariffs, subsidies, nontariff barriers to trade and theft of intellectual property. Unfortunately, that’s not the world we live in.

We live in a world where the U.S. is a free trade sucker and everyone else breaks the rules. In a world where a few parties are free traders but most are mercantilists, the mercantilists win every time. They are like parasites sucking the free traders dry.


If open trade and open capital flows are flawed ideas, why do elites support them?

The switch in U.S. policy from quasi-mercantilism to free trade was driven partly by academics who embrace the simple version of free trade without understanding the flaws (exemplified by China and Taiwan).

Others understand the flaws in free trade well enough but value the world at large over the U.S. Their agenda is to diminish the power of the United States, and the U.S. dollar, in world affairs and to enhance the power of rising nations especially China.

If several hundred million Chinese can be pulled from poverty by leaving the U.S. market open while China subsidies its companies, imposes its own tariffs, steals intellectual property, and limits U.S. foreign direct investment, then that’s fine. If U.S. workers lose their jobs in the process, that’s fine too.

The globalists consider that a form of progress toward their “one world” utopia. They don’t care about the U.S.; they only care about their “one world” vision.

Globalists are often supported by major international firms in the pharmaceutical and other businesses that profit from global supply chains even as Americans lose their jobs.

But Trump is a thorn in the globalists’ side. Trump focuses on restoring lost U.S. jobs even if the cost to China is high. That’s China’s problem, not ours. Trump’s policy is “America First,” and he means it.

Now the battle is heating up again. Whoever wins the war of the globalists versus the nationalists could decide the world system for decades to come.

Regards,

Jim Rickards
Strategic Intelligence Report

So if this is the summer for an all-out Currency, Trade and Nuclear World War let's get it on - We PATRIOTS ARE PHOCKING READY!

Offline cufflinks

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Re: The end is nigh for the US Empire
« Reply #15 on: May 15, 2019, 04:54:46 PM »
Cuffy

May I remind you that I was born in Greece and I have lived in the UK for over 40 years so stop spreading crap about me. Additionally, I don't have a problem showing my face..... unlike you and all American's on the Board... As a bear you must be very scary........ :ROFL:

The fact of the matter is that you have not a clue about my political beliefs and orientation and like a new McCarthy you spread your vile accusations against me, as you have nothing of any importance to say, apart of some stories from the swamp In the wall street and around NY that I call Casino.

May I remind you that over the years I have not had any interaction with you because I could not be bothered to listen to all the crap you spouting out about your America and other financial achievements from your country. The fact is that behind all your blaster…… there are thousand of lies hiding the real truth about your dying Empire.
I am sure you know that all Empires go up and then fall down……. And that is what you are looking forward to meet soon or later.

I asked you some direct questions about the $23 Trillion debt and if your country has plans to pay it back …. and you avoided to answer. No surprise there as you don’t know how you can do it!

On your last posts you posted plenty of reason why your country will continue taking advantage of all other with force, but the truth of the matter is the number tell us a different story,

Take time and have a good look at these figures from the horses is mouth….. and then come and talk to us about trading with China and any other country.

You see the official numbers don’t lie only bolshie’s like you who think too much about themselves when the reality is the opposite of what you are telling us.

United States Census Bureau  - Trade in Goods with China

China and the United States are engaged in a trade war as each country continues to dispute tariffs placed on goods traded between them. US President Donald Trump had declared in his campaign to fix China's "longtime abuse of the broken international system and unfair practices".

  • China is America's largest trading partner, with annual trade in goods and services
    worth about $663 billion. ...
  • The value of U.S. trade with Canada is $662 billion, just a smidge less than China. ...
  • Mexico ranks as America's third biggest trading partner, worth $586 billion

The last time the USA had a trade surplus was in 1975

 :P :P :P


Little reminder and don't get apoplectic!



That is rich - accusing the United States of America of taking advantage of other countries by Military Force - when that is how we were founded rebelling against the force exerted upon our early ancestors by the English Royals during the Revolution and the War of 1812 and again murdering off the Irish in the 1840s Potatoe famines many who found refuge fighting their way onto USA shores and then again Victorian England backing the South in their war against the Union in hopes they would rejoin British North America.

The British Empire was created by forcing colonies around the Globe to bend to the City of London's will through force of Arms all the way back to the British East India Company etc, etc...  Not only are you the Wizzer Wackodoodle you are also a Marxist Socialist Hypocrite.

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Re: The end is nigh for the US Empire
« Reply #16 on: May 15, 2019, 05:47:25 PM »
Cuffy, well stated ~ thank you!

This though may surprise you Wiz is in fact not very Marxist. K. Marx while often reviled wrote amazing opinions. I suspect if he saw what Communism morphed into he would be heart broken.

Wiz is often closer in mentality to Pol Pot or A. Hitler. This is a forum and Wiz can spout his hatred freely and safely. So I say let him rave on.
“If you aren't in over your head, how do you know how tall you are?” T.S. Eliot

Offline cufflinks

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Re: The end is nigh for the US Empire
« Reply #17 on: May 16, 2019, 09:48:18 AM »
Mr. A:

Next Time you go sailing by Metro Boston/SoNH we should get together for a Scotch or Beer and perhaps a victory cigar!

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Re: The end is nigh for the US Empire
« Reply #18 on: May 16, 2019, 02:39:30 PM »
That is rich - accusing the United States of America of taking advantage of other countries by Military Force - when that is how we were founded rebelling against the force exerted upon our early ancestors by the English Royals during the Revolution and the War of 1812 and again murdering off the Irish in the 1840s Potatoe famines many who found refuge fighting their way onto USA shores and then again Victorian England backing the South in their war against the Union in hopes they would rejoin British North America.

The British Empire was created by forcing colonies around the Globe to bend to the City of London's will through force of Arms all the way back to the British East India Company etc, etc...  Not only are you the Wizzer Wackodoodle you are also a Marxist Socialist Hypocrite.

Obviously you are talking about your self and not me Mr Geko

It is very noticeable that you are incapable and avoid to answer honestly some of my hard to defend questions /comments.... and you borrowed from Moby his TM, Swerve

I say potato and you reply Tomato or you comment with statements and then asking the questions...... like the British do:
"Lovely day! ..... Isn't it? tiphat
Why the sun does not shine on the Ex- British Empire Anymore? Because God never trusted an Englishman in the dark!

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Re: The end is nigh for the US Empire
« Reply #19 on: May 17, 2019, 12:51:08 PM »
Now for some honest real "Boots on the Ground" facts about New England and the USA:

I really do hear what various RUAers are saying and both respect and admire the Chinese ability to reverse engineer everything from Cell Phones, Bicycles, Land Rovers to Stealth Jet Fighters and our Trident Nuclear Ballistic Submarines and Mao's Long March Missiles not to mention our Aegis anti Missile Cruisers and Hypersonic Anti Everything Missiles.

And Confuscious Spirit only knows what they have done with our Area 51 etc ARV technologies.  I worked in a Major R&D Uni in Boston as a Cyber Security lead analyst.

Metro Boston with 300,000 Uni Students has this phenomenon of Euro Kids - kids from wealthy families around the world who are very fond of major Euro Fashion Designers as a subtle way to exhibit their wealth DHV for men and SMV for Women.

The Euro Kids were originally wealthy students from Europe, the Middle East and South America - more recently it is Indus Region and mostly Mainland Chinese with a few middle east, some Japanese and quite a few South Koreans... and of course Rich South Americans even richer selling Natural Resources to the Mainland Chinese.   Mainland Chinese love Boston Unis so much they lead the recent Anti-Asian Racists lawsuit against the once invulnerable Harvard University for capping its "Asian" student body Undergrad and Grads at 25% - How dare this University founded on "China Trade" wealth discriminate against the Sons and some Daughters of the Communist Red Chinese predatory capitalists - China Trade in reverse is the ultimate in ironies.

Point is the more the Chinese go rogue, - the more that Japan, South Korea, and Germany/EU will step up their game and the secretly support Uber Patriot Trump as they subscribe to the same intellectual property Patents, Copyrights and Trademarks protective laws that the USA does - and - Trump's corrective interview of XI, the CCP and Communist Inscrutable Freaking Red Chinese benefit Japan, South Korea, and Germany/EU etc, more so as they are leaders in today's Global Knowledge Lead Technologies based economy.

The fact that no one in the China Loving CFR controlled MSM speaks about is the USA's Major Global Market advantages only become more evident;

1. Business Contracts based upon the rule of law rather than graft and corruption networks (China/Russia etc).

2. Unlimited Land to build cutting edge state of the art AI/Robotic factories.

3. Unlimited Energy Resources included newer Renewable Energy and Backup power systems.

4. Unlimited Demand USA and Globally for best in class Quality and Reliability in all products and services these factories and Corporate Office Complexes in both USA based and foreign-based Corporations will continue to explode the growth of Competitive International Free, Fair, and Reciprocal trade worldwide.

Brilliant Steve More Interview regarding current China trade negotiations... he laughs at the idea that China can destabilize the USA by selling US Treasury Bills...  Our T Bills pay a highly desirable interest rate compared to Global Banks that offer mere Zero Interest Rates or worse NEGATIVE Interest Rates - the fact is that there is an enormous free market global demand for actual interest bearing T Bills backed by the full faith and credit of the USA.


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Re: The end is nigh for the US Empire
« Reply #20 on: May 17, 2019, 07:12:56 PM »
Now for some honest real "Boots on the Ground" facts about New England and the USA:

I really do hear what various RUAers are saying and both respect and admire the Chinese ability to reverse engineer everything from Cell Phones, Bicycles, Land Rovers to Stealth Jet Fighters and our Trident Nuclear Ballistic Submarines and Mao's Long March Missiles not to mention our Aegis anti Missile Cruisers and Hypersonic Anti Everything Missiles.
....................................

The fact that no one in the China Loving CFR controlled MSM speaks about is the USA's Major Global Market advantages only become more evident;

1. Business Contracts based upon the rule of law rather than graft and corruption networks (China/Russia etc).

2. Unlimited Land to build cutting edge state of the art AI/Robotic factories.

3. Unlimited Energy Resources included newer Renewable Energy and Backup power systems.

4. Unlimited Demand USA and Globally for best in class Quality and Reliability in all products and services these factories and Corporate Office Complexes in both USA based and foreign-based Corporations will continue to explode the growth of Competitive International Free, Fair, and Reciprocal trade worldwide.

Brilliant Steve More Interview regarding current China trade negotiations... he laughs at the idea that China can destabilize the USA by selling US Treasury Bills...  Our T Bills pay a highly desirable interest rate compared to Global Banks that offer mere Zero Interest Rates or worse NEGATIVE Interest Rates - the fact is that there is an enormous free market global demand for actual interest bearing T Bills backed by the full faith and credit of the USA.


Cuffy

The fact of the matter is that you have avoided to answer my direct question: You just copied Moby's TM and swerve.....non  stop.

"Are you ever going to replay your £23 Trillion Debt to the world and how you will do it?" It is simply a perpetual debt paid by the US people, not your competitors!
The British Banking Mafia, as you said, has Fcuked you and still does ROYALLY.


You know perfectly well the  answer. You can't pay back your debts......."collecting intellectual property dividends": The Chinese are 1.7 billion people and if you start any war ....... you will loose it.....at the end. They are everywhere.......

Donald Tramp is an old bullshitter "Don Corleone" but wherever he goes or meet anybody, still has not made any good deals. Kim is having fun with his fireworks!  :nod:

As Andrew explained to you simply, at the end.....any tariffs he puts on is nothing more than New Government Taxes that the US poor people will have to pay, Not your Competitors. Putin is laughing all the way to the bank.... protected by the Jews....... you said!  :P :reading:

Anywhere you go you will find China shops and towns, educated Chineses persons who speak the Local lingo and also English too, and US $ is not the only currency they are collecting...... selling China products!

Yes they are copying everything, produce them cheaper and selling them everywhere but what can you do to stop them?
Not a lot, as a GB magician would say!

Meanwhile the $500+ billion US Gov bonds...... make a good return for their investment and the US people paying for it!

YOU MADE NO COMMENT FOR THE STATS I POSTED .. previously from the  horses mouth!

As about the Video and Steve Moore, is just a nice publicity for his books. We heard these kind of comments before. Americans are very good writing long scripts, repeating again and again the same message.... until the reader gets fed up and either buy the product or telling the advertisers.... F.O.

 tiphat
Why the sun does not shine on the Ex- British Empire Anymore? Because God never trusted an Englishman in the dark!

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Re: The end is nigh for the US Empire
« Reply #21 on: May 18, 2019, 03:03:28 AM »

I have to tip my hat to WIZ - he is an artist in the skill of getting under the skin of everyone especially those he would be more naturally allied with - His photos above and quotes of a Man with Asshole Game and a Kid with bigger asshole game juxtaposed really made me laugh - reveals a level of Greek Diabolical Evil Genius even if misplaced on a good day!    :smokin: :king: :smokin:

Thanks for the underhanded compliments but I do not suffer fools gladly neither have time for Zionist Trolls or to tolerate their devious unproductive activities on these boards or anywhere else for that matter.

Been around these boards for many years, not afraid to show my REAL face unlike these little people without self respect and personality hiding behind anonymity, creating havoc for the benefit of their master voice!

Unfortunately so far, the admin must be busy and have not noticed their disruptive activities, despite my open request to move the Trolling posts elsewhere.

Oh well going back to my usual morning activities, drinking water or tea or coffee and reading around..... the latest news and other interesting items.

 tiphat   :coffeeread:

 

Why the sun does not shine on the Ex- British Empire Anymore? Because God never trusted an Englishman in the dark!

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Re: The end is nigh for the US Empire
« Reply #22 on: May 18, 2019, 03:34:23 AM »

I have to tip my hat to WIZ - he is an artist in the skill of getting under the skin of everyone especially those he would be more naturally allied with - His photos above and quotes of a Man with Asshole Game and a Kid with bigger asshole game juxtaposed really made me laugh - reveals a level of Greek Diabolical Evil Genius even if misplaced on a good day!    :smokin: :king: :smokin:

Thanks for the underhanded compliments but I do not suffer fools gladly neither have time for Zionist Trolls or to tolerate their devious unproductive activities on these boards or anywhere else for that matter.

Been around these boards for many years, not afraid to show my REAL face unlike these little people without self respect and personality hiding behind anonymity, creating havoc for the benefit of their master voice!

Unfortunately so far, the admin must be busy and have not noticed their disruptive activities, despite my open request to move the Trolling posts elsewhere.

Oh well going back to my usual morning activities, drinking water or tea or coffee and reading around..... the latest news and other interesting items.

 tiphat   :coffeeread:
You mean knocking back the ouzo and scouring around to see which articles/opinion pieces etc you can plagiarise.

 :ROFL: :ROFL: :ROFL:
Don’t forget to wash your mouth out.

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Re: The end is nigh for the US Empire
« Reply #23 on: May 18, 2019, 06:13:02 AM »
Wiz

I know Greeks are not exactly renowned for scholarly prowess hence your lack of comprehension, so I’ll repeat myself for your benefit.

Wiz, I refer you to my signature line. It should clarify any doubts readers might have about the shyte you spout.
????????????????????????????????????????

That aside.

It’s the Eurovision final tonight so sit back, open a bottle of Ouzo, get sozzled and enjoy the spectacle in lovely Tel Aviv.


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Re: The end is nigh for the US Empire
« Reply #24 on: May 18, 2019, 06:34:04 AM »
Wiz, myself, Andrew and BB as well as other posters have commented repeatedly on the unsustainability of the deficit of the United States. It might surprise you that there are members of in the Congress that have expressed concern and have attempted to enact legislation to curb and correct the imbalance.

If you doubt this research Senator Rand. He has repeatedly asked for a balanced budget and a though audit of the Federal Reserve.

Wiz as a suggestion please try to study more and spout less. Curious do you know where the stock indexes in the US ended this week?
“If you aren't in over your head, how do you know how tall you are?” T.S. Eliot


 

 

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