thanks ismaele... the first article is excellent and highlights the present situation which is in a state of flux and change... in spite of any attempt to save the primacy of the us$, i think that horse already left the barn with the usa's use of financial sanctions... now there is really no turning back and nothing trump or any future usa president can do is going to change that... eventually BRICS, or a wider body of nations will find a way around the bullying tactics which is what financial sanctions have been and continue to be...
the 2nd article is quite philosophical and i like how it ended especially - "we will have won the battle against the Five-Year Plans and lost the war against the Quarterly Reports." exactly... i like to say we live in a world where the economy dominates to the exclusion of the environment, but we will have no economy if we don't have an environment... until those with this heavy emphasis acknowledge the importance of the environment - which includes a concern for all people on the planet and nature and all that this entails, i think the sole focus on the economy is a real dead end st...
thanks for the articles! my curiousity is aroused... why is it that you are primarily translating articles from italian?? does this have something to do with where you live that you are more tapped into the italian alternative news media??
I am not going to answer your questions, as I prefer staying as anonymous as possible. However, I will just say that translations of articles from Italian bring a different perspective compared to articles coming from the Anglosphere... ;)
Very interesting and important, somewhat stealth topic (until more punitive defensive actions are taken. Thanks.
You surprised me with the translated articles, after reading this:
"One aspect of this war, even more important than tariffs, revolves around so-called dedollarisation."
But I didn't read as much as expected about dedollarisation in the articles.
Like the reasons why non-dollar countries want to do it or are being forced to do it.
How mistakes by the Dollar Issuer, the US, encourages it.
I also did not see why the US increasing tariffs increases Dollar strength. I think it discourages use of Dollars and trade with the US and others using Dollars.
It is ironic that the Rules Based Order employs Bullying tactics, when needed, to get what they want.
Bullying tactics, involved with the Dollar, like banning trade and cutting off SWIFT access, CAUSE Dedolarization and the only exit, save capitulation of the Bullied party.
Will Trump stop using the Dollar, and trade, as part of Bullying tactics, as the Biden Regime did, even to confiscation of foreign Dollar balances of States, Organizations and individuals?
Sounds to me that a hyper tariffing Trump is just instituting a high punitive tariff to reduce trade, especially Dollar-denominated, since trade bans are usually most effectively enforced by the State that imposes them. And high tariffs ARE as good as BANS.
The China EV tariffs in any countries already preclude Americans and other vassal State citizens from buying cheap EV and hybrid cars because of a NATO+ ~100% tariffs. Now the next President is suggesting ANOTHER 100% tariff on top.
Bans History shows they backfile, like confiscating Dollar balances.
The US ban on exporting advanced chips to China has spurred China to build their own and start taking away the customers of the high priced produces trading in US$. Reducing trade with China via tariffs has already reduced Chinese business with the US in Dollars as a % of their total trade, simultaneously increase trade even more with non-West countries in a variety of currencies, increasing dedolarization.
It would be unheard of for US goods to be sold at a discount if paid for in Dollars, wouldn't it?
But to stop Dedolarization, you sell it will making the BENEFITS of using Dollars.
You do not use threats, a too typical Western International Relations tactic.
Funny, you probably just hit the nail on the head, Billy.
Tariffs aren't an especially intelligent move, but it looks macho, feeds the US Treasury with taxes from Americans, and is a diluted form of sanction on the supplier (because it reduces sales volume) when directed at an enemy.
Too bad it raises the cost of living for the US poor and middle class and makes the US less competitive if the item hit by tariffs is part of some other supply chain(s), because they will become a component with a higher cost if they can't be replaced domestically.
It does reward higher-priced domestic goods that can be substituted, but reduces pressure on domestic producers to become more competitive or innovate.
OTOH, tariffs (say on components & labor in Iphones) that extended to all of Asia instead of China might result in Apple bringing production to the US.
thanks ismaele... the first article is excellent and highlights the present situation which is in a state of flux and change... in spite of any attempt to save the primacy of the us$, i think that horse already left the barn with the usa's use of financial sanctions... now there is really no turning back and nothing trump or any future usa president can do is going to change that... eventually BRICS, or a wider body of nations will find a way around the bullying tactics which is what financial sanctions have been and continue to be...
the 2nd article is quite philosophical and i like how it ended especially - "we will have won the battle against the Five-Year Plans and lost the war against the Quarterly Reports." exactly... i like to say we live in a world where the economy dominates to the exclusion of the environment, but we will have no economy if we don't have an environment... until those with this heavy emphasis acknowledge the importance of the environment - which includes a concern for all people on the planet and nature and all that this entails, i think the sole focus on the economy is a real dead end st...
thanks for the articles! my curiousity is aroused... why is it that you are primarily translating articles from italian?? does this have something to do with where you live that you are more tapped into the italian alternative news media??
I am not going to answer your questions, as I prefer staying as anonymous as possible. However, I will just say that translations of articles from Italian bring a different perspective compared to articles coming from the Anglosphere... ;)
that's fine! either way, i appreciate the articles and your sharing it all.. cheers..
Very interesting and important, somewhat stealth topic (until more punitive defensive actions are taken. Thanks.
You surprised me with the translated articles, after reading this:
"One aspect of this war, even more important than tariffs, revolves around so-called dedollarisation."
But I didn't read as much as expected about dedollarisation in the articles.
Like the reasons why non-dollar countries want to do it or are being forced to do it.
How mistakes by the Dollar Issuer, the US, encourages it.
I also did not see why the US increasing tariffs increases Dollar strength. I think it discourages use of Dollars and trade with the US and others using Dollars.
It is ironic that the Rules Based Order employs Bullying tactics, when needed, to get what they want.
Bullying tactics, involved with the Dollar, like banning trade and cutting off SWIFT access, CAUSE Dedolarization and the only exit, save capitulation of the Bullied party.
Will Trump stop using the Dollar, and trade, as part of Bullying tactics, as the Biden Regime did, even to confiscation of foreign Dollar balances of States, Organizations and individuals?
Sounds to me that a hyper tariffing Trump is just instituting a high punitive tariff to reduce trade, especially Dollar-denominated, since trade bans are usually most effectively enforced by the State that imposes them. And high tariffs ARE as good as BANS.
The China EV tariffs in any countries already preclude Americans and other vassal State citizens from buying cheap EV and hybrid cars because of a NATO+ ~100% tariffs. Now the next President is suggesting ANOTHER 100% tariff on top.
Bans History shows they backfile, like confiscating Dollar balances.
The US ban on exporting advanced chips to China has spurred China to build their own and start taking away the customers of the high priced produces trading in US$. Reducing trade with China via tariffs has already reduced Chinese business with the US in Dollars as a % of their total trade, simultaneously increase trade even more with non-West countries in a variety of currencies, increasing dedolarization.
It would be unheard of for US goods to be sold at a discount if paid for in Dollars, wouldn't it?
But to stop Dedolarization, you sell it will making the BENEFITS of using Dollars.
You do not use threats, a too typical Western International Relations tactic.
@Allen
When the only tool you know how to use is a hammer, every problem looks like a nail?
Funny, you probably just hit the nail on the head, Billy.
Tariffs aren't an especially intelligent move, but it looks macho, feeds the US Treasury with taxes from Americans, and is a diluted form of sanction on the supplier (because it reduces sales volume) when directed at an enemy.
Too bad it raises the cost of living for the US poor and middle class and makes the US less competitive if the item hit by tariffs is part of some other supply chain(s), because they will become a component with a higher cost if they can't be replaced domestically.
It does reward higher-priced domestic goods that can be substituted, but reduces pressure on domestic producers to become more competitive or innovate.
OTOH, tariffs (say on components & labor in Iphones) that extended to all of Asia instead of China might result in Apple bringing production to the US.
Did Tim Cook go on the stump for Kamala? :>)
In case you haven't seen it, here is my contribution to the debate. "Italian living in China" perspective ;) https://lauraruggeri.substack.com/p/unleashing-chaos