Best of the Week
Most Popular
1. 2019 From A Fourth Turning Perspective - James_Quinn
2.Beware the Young Stocks Bear Market! - Zeal_LLC
3.Safe Havens are Surging. What this Means for Stocks 2019 - Troy_Bombardia
4.Most Popular Financial Markets Analysis of 2018 - Trump and BrExit Chaos Dominate - Nadeem_Walayat
5.January 2019 Financial Markets Analysis and Forecasts - Nadeem_Walayat
6.Silver Price Trend Analysis 2019 - Nadeem_Walayat
7.Why 90% of Traders Lose - Nadeem_Walayat
8.What to do With Your Money in a Stocks Bear Market - Stephen_McBride
9.Stock Market What to Expect in the First 3~5 Months of 2019 - Chris_Vermeulen
10.China, Global Economy has Tipped over: The Surging Dollar and the Rallying Yen - FXCOT
Last 7 days
Semiconductor Sector – Watch the Early Bird in 2019 - 21st Jan 19
From ASEAN Economic Development to Militarization - 21st Jan 19
Will China Surprise The Us Stock Market? - 21st Jan 19
Tips to Keep Your Finances Healthy in 2019 and Beyond - 21st Jan 19
Tips for Writing Assignment in Hurry - 21st Jan 19
UK House Prices, Immigration, and Population Growth Mega Trend Forecast - 21st Jan 19
REMAIN Parliament to Subvert BrExit with Peoples Vote FIXED 2nd EU Referendum - 21st Jan 19
Pay Attention To The Russell Stocks Index and Financial Sectors - 20th Jan 19
Hyperinflation - Zimbabwe's Monetary Death Spiral - 20th Jan 19
Stock Market Counter-trend Extends - 20th Jan 19
The News About Fake News Is Fake - 20th Jan 19
Stock Market Bull Trap? January 22 Top Likely - 19th Jan 19
After the Crash, the Stock Market Made a V-shaped Recovery. What’s Next - 19th Jan 19
David Morgan: Expect Stagflation and Silver Outperformance in 2019 - 19th Jan 19
Why Brampton Manor Academy State School 41 Oxbridge Offers is Nothing to Celebrate! - 19th Jan 19
REMAIN Parliament Prepares to Subvert BrExit with Peoples Vote FIXED 2nd EU Referendum - 19th Jan 19
Gold Surges on Stock Selloff - 18th Jan 19
Crude Oil Price Will Find Strong Resistance Between $52~55 - 18th Jan 19
Stock Market’s Medium Term is No Longer Bullish. It is Now Mixed - 18th Jan 19
SPX and Gold; Pivotal Points at Hand - 18th Jan 19
Fable Media Launches New GoWin Online Casino Affiliate Site in UK - 18th Jan 19
The End of Apple! - 18th Jan 19
Debt, Division, Dysfunction, and the March to National Bankruptcy - 18th Jan 19
Creating the Best Office Space - 18th Jan 19
S&P 500 at Resistance Level, Downward Correction Ahead? - 17th Jan 19
Mauldin: My 2019 Economic Outlook - 17th Jan 19
Macro Could Weaken After US Government Shutdown. What This Means for Stocks - 17th Jan 19
US Stock Market Indexes Reaches Fibonacci Target Zone – Where to Next? - 17th Jan 19
How 2018 Was For The UK Casino Industry - 17th Jan 19
Gold Price – US$700 Or US$7000? - 16th Jan 19
Commodities Are the Right Story for 2019 - 16th Jan 19
Bitcoin Price Wavers - 15th Jan 19
History Shows That “Disruptor Stocks” Will Make You the Most Money in a Bear Market - 15th Jan 19
What Will the Stock Market Do Around Earnings Season - 15th Jan 19
2018-2019 Pop Goes The Debt Bubble - 15th Jan 19
Are Global Stock Markets About To Rally 10 Percent? - 15th Jan 19
Here's something to make you money in 2019 - 15th Jan 19
Theresa May to Lose by Over 200 Votes as Remain MP's Plot Subverting Brexit - 15th Jan 19
Europe is Burning - 14th Jan 19
S&P 500 Bounces Off 2,600, Downward Reversal? - 14th Jan 19
Gold A Rally or a Bull Market? - 14th Jan 19
Gold Stocks, Dollar and Oil Cycle Moves to Profit from in 2019 - 14th Jan 19
How To Profit From The Death Of Las Vegas - 14th Jan 19
Real Reason for Land Rover Crisis is Poor Quality of Build - 14th Jan 19
Stock Market Looking Toppy! - 13th Jan 19
Liquidity, Money Supply, and Insolvency - 13th Jan 19
Top Ten Trends Lead to Gold Price - 13th Jan 19
Silver: A Long Term Perspective - 13th Jan 19
Trump's Impeachment? Watch the Stock Market - 12th Jan 19
Big Silver Move Foreshadowed as Industrial Panic Looms - 12th Jan 19
Gold GDXJ Upside Bests GDX - 12th Jan 19
Devastating Investment Losses Are Coming: What Is Your Advisor Doing About It? - 12th Jan 19
Things to do Before Choosing the Right Credit Card - 12th Jan 19
Japanese Yen Outlook In 2019 - 11th Jan 19
Yield curve suggests that US Recession is near: Trading Setups - 11th Jan 19

Market Oracle FREE Newsletter

UK House Prices, Immigration, and Population Growth Trend Forecast

G7 Globalist Fear Trump Trade Reset

Politics / Protectionism Jun 12, 2018 - 01:34 PM GMT

By: BATR

Politics

President Trump has announced that the U.S. piggy bank will no longer subsidize or be sucked dry to finance a pack of ungrateful allies. Keeping the Socialist EU afloat and putting up with backstabbers like Canada or allowing Japan to roll up massive trade surpluses must stop. The latest rumblings out of the UK are that all efforts are working overtime to nix the will of the Brit public from the Brexit vote. As for corporatists within the United States, the bulwark of opposition to Trump's push to demand reciprocal treatment from "so called" trading partners means an end to the gravy train of plundering American workers and ripping off a viable domestic economy.


The business press has followed the pseudo political news reporting to trash all things Trump. The unbearable whining from the likes of 'Free Traders' Dagen McDowell and Charlie Gasparino on Fox business illustrates that fair and balanced distorts the value of understanding the core reason why our jobs were systematically moved overseas. Such globalists are not reporters. They are sycophants for their corporate masters.

A Merchantry economy encourages Mercantilism that benefits our own citizens and builds a solid growth in national wealth. This affluence should not be limited to financial plutocrats. The enhancement in upward mobility must foster a prosperous middle class. Globalists are ardent in their goal to strip opportunity from the masses and are committed to curtail any real competition.

Trump's approach to negotiate bilateral trade agreements is prudent. Replacing multi country or regional accords which effectively are detrimental to our industry, intellectual innovation and growth in new inventions, is necessary. The internationalists fear the thought of a strong and independent America.

With the conclusion of another yearly Bilderberg meeting, the neo feudal lords are running scared because their destructive system of interdependency is finally being challenged by an American President.

The populist sentiment that is breaking out all over Europe may well bring an end to the Fascist Angela Merkel regime. Germany has made significant strides in achieving their objective for global dominance through such elitist organization as the G7. What is most telling is the intense opposition of the EU to continue the isolation of Russia from the rest of the European continent.

"Woe Is Me" is that biblical phrase that applies. "Job 10:15: If I be wicked, woe unto me; and if I be righteous, yet will I not lift up my head. I am full of confusion; therefore see thou mine affliction." The globalists are anti-Christians and Russia has initiated a religious restoration that threatens the secular and satanic culture which is rooted in European collectivism.

It should be obvious that the G7 is a mere shadow of economic power that it once achieved. Thanks to globalism, their GDP demonstrate that the U.S. does not need the socialists and their one sided trade deals. It is long overdue to dish out a wake-up call and tell these greedy trade extortion bloodsuckers to pay the actual NATO costs for their own defense.

Just maybe, they would rethink their obsession over pushing the Russian bear into the arms of the Red Communist Chinese. However rational this approach would be, the main opposition comes from the perennial warmonger and empire expansionist; namely, the United States.

Trump the Disruptor is much better than Vlad the Impaler. The EU defends their violent history, especially if they can dupe the Americans to do their fighting for them and shed blood to maintain the globalist trade racket.

The elitist resentment about any possible retuning of the ground rules for a fair trading system has those with a vestige interest in trade deficit transactions pounding the table and using their lobbyists to spread around bribe funds to put an end to a Merchantry economy alternative. The consumer has been duped. Cheap foreign imports drive the trade shortfall. Balance of payments will never come into equilibrium without a fundamental reset.

What is needed is an aggressive imposition of tariff offsets to achieve the reciprocal equity which is the solution to a trading economy that benefits all parties.

Emmanuel Macron of France, Theresa May of UK and Justin Trudeau of Canada seem to be following the G7 orders from Angela Merkel of Germany. The contempt they demonstrate to Trump's efforts to break the globalist juggernaut is a clear admission who actually controls the governments and economic policies in these countries.

All the bullish economic metrics has the U.S. economy humming. The fake news mainstream media is busy planting doubt in the continued successes of Trump economic programs. Establishment forecasts call for a recession or worse is about to overtake finance and commerce. No effort is spared to throw a wet blanket over consumer confidence. However, to no avail, the public is not buying the anti-Trump rhetoric.

The G7 needs to be on death watch. The lesson that will follow its funeral is that ordinary citizens will not tolerate being used as sacrificial lambs for temple worship to the globalists. When the New World Order is put on visual display the political potentates expose the bleak results of the economic distribution that is available for the majority of their populations.

Decentralization that encourages meaningful competition is the path to wealth creation. The trade war against independent national commerce represents the elites disdain for an American First economy. Choke off the stream of money that goes into the coffers of the G6 cartels that dominate the EU, Japan and Canada.

Without their last century colonies and commonwealth possessions, their economic lifeblood must be generated off favorable trade subsidies extracted from other countries. America does not need to fund these deadbeat socialist societies. The prime objective is to work to prevent our own country from becoming anymore Marxist than it already is.

The U.S. should drop out of international organizations where countries have voting rights for joint agreements. The alternative is to conduct direct diplomacy where arrangements can be tailored to the needs of each nation. Trump has the correct formula which needs to be adopted with enthusiasm.

James Hall

Source: http://batr.org/merchantry/061218.html

Discuss or comment about this essay on the BATR Forum

http://www.batr.org

"Many seek to become a Syndicated Columnist, while the few strive to be a Vindicated Publisher"

© 2018 Copyright BATR - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors

BATR Archive

© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules