This video is 3 months old but sometimes only in retrospect do mistaken ideas become obvious.
The f*ck Europe rhetoric definitively contains elements of truth. That much is certain. But the America first argument has aged horribly over the last 3 months.
Now is probably the right time for Trump to reflect on what went wrong and when. (which he of course will not do.)
Still, he is now stuck like a rabbit in headlamps. Jump and attack Iran again and all hell breaks lose for the market, the economy and most certainly the Gulf. Do nothing and the harm to the US prestige will be profound.
As we have discussed again and again, this is what happens when you have no strategy. The world is infinitely more complex than a real estate deal. Succeeding in the later field doesn't make you a great world leader, more like a dilettante amateur.
Just as Reaganomics marked the beginning of the debt spiral, Trump might very well end up as a symbol of the US downfall. You do not revive an economy with slogan like MAGA (or Yes we can! for that mater.) although we may just be at the very beginning of the downward spiral. From Greenland to the Monroe Doctrine, the potential is still huge, and Netanyahu still in charge in Israel. Add to this a AI bubble ready to pop and the stars will be all lined up for a Summer of fireworks.
Now enjoy this America first talk, there are some truths embedded here and there, especially concerning Europe although the core of the argument, the US, is what's really at stake here.
No comments:
Post a Comment