In a fiery Truth Social post on Thursday night, the president declared that any country backing an alternative currency would be hit with 100 percent tariffs and effectively cut off from American markets. Trump made it clear there would be no room for negotiation, dismissing any possibility of an international shift away from the dollar.
Fool me once, fool me twice kinda situation… It will be very hard to trust USA in the future.
Yeah, we now know it wasn’t a fluke the first time. I’m afraid the trend won’t change unless someone takes the axe at American capital and redistributes massively a-la post Great Depression. The welfare state and labor power needs to be rebuilt. The market needs to be put in its place. I don’t see that happening for a decade at least.