4 ms·

In the world's current economic situation it pretty much is mostly all about the U.S. and the dollar. Most of the global trade is conducted with the dollar and

by ax0ar 8y ago

In the world's current economic situation it pretty much is mostly all about the U.S. and the dollar. Most of the global trade is conducted with the dollar and he can mess up other currencies in a similar way.

pknerd 8y ago
Should we call Trump an evil genius? Why did not previous Presidents think of it and opted for traditional war? This trade war is more safer for Americans.
- ax0ar 8y ago
  I wouldn't call him a genius, he's quite the opposite. >why didn't previous presidents think of it They probably did, but were likely smart enough to figure out that a trade war with the world will trigger a backlash that the US won't be able to handle. The world will seek an alternative to the US dollar, and I think it will happen very soon if Trump continues doing what he does.
  - pknerd 8y ago
    guess you are right. US Chamber of Commerce after Turkey imposition of the tariff on US goods. https://www.cnbc.com/video/2018/07/03/us-chamber-of-commerce-campaign-against-trumps-tariffs.html https://www.cnbc.com/video/2018/07/03/us-chamber-of-commerce...
the_grue 8y ago
Erdogan has been heading that way for a long time. US is just the latest addition to the growing line of Turkey's allies-turned-enemies, following Israel and Europe. The West was willing to overlook his arrogance and hostile rhetoric for a time, but in transforming Turkey from a strong democracy to weak autocracy he crossed a red line. The West doesn't want countries like that in EU or even NATO. We now realize that we are better off supporting Kurds, who are long overdue their own state, and that the EU is much better off setting up barriers for Turks so that they can no longer invade their territory with their hostility and rudeness and a pan-Turkish, Muslimisation agenda. (I am generalizing, of course, not all Turks are like this.)

4 ms·

In the world's current economic situation it pretty much is mostly all about the U.S. and the dollar. Most of the global trade is conducted with the dollar and

by ax0ar 8y ago

pknerd 8y ago
Should we call Trump an evil genius? Why did not previous Presidents think of it and opted for traditional war? This trade war is more safer for Americans.
- ax0ar 8y ago
  I wouldn't call him a genius, he's quite the opposite. >why didn't previous presidents think of it They probably did, but were likely smart enough to figure out that a trade war with the world will trigger a backlash that the US won't be able to handle. The world will seek an alternative to the US dollar, and I think it will happen very soon if Trump continues doing what he does.
  - pknerd 8y ago
    guess you are right. US Chamber of Commerce after Turkey imposition of the tariff on US goods. https://www.cnbc.com/video/2018/07/03/us-chamber-of-commerce-campaign-against-trumps-tariffs.html https://www.cnbc.com/video/2018/07/03/us-chamber-of-commerce...
the_grue 8y ago
Erdogan has been heading that way for a long time. US is just the latest addition to the growing line of Turkey's allies-turned-enemies, following Israel and Europe. The West was willing to overlook his arrogance and hostile rhetoric for a time, but in transforming Turkey from a strong democracy to weak autocracy he crossed a red line. The West doesn't want countries like that in EU or even NATO. We now realize that we are better off supporting Kurds, who are long overdue their own state, and that the EU is much better off setting up barriers for Turks so that they can no longer invade their territory with their hostility and rudeness and a pan-Turkish, Muslimisation agenda. (I am generalizing, of course, not all Turks are like this.)