3 ms·
This is exactly the same as what was being said during the first Trump term though.
by stinkbeetle 1y ago
This is exactly the same as what was being said during the first Trump term though.
- jacquesm 1y agoYes. But things really are different now. I think there was some expectation of checks and balances kicking in if things went really crazy and they didn't. So the trust factor is in the freezer right now, pretty much all over Europe. Yes, people still trade, yes, there is still traffic back and forth. But it is now because you have to, not because you want to. Just look at the tourism figures for an idea of the current sentiment.
- stinkbeetle 1y agoWe were told that things really were different then too. And they were different by definition because they weren't the same, but that is not really evidence of anything. We were promised he colluded with Putin to hack the election and would become a dictator, that WWIII would be started, economy would be ruined, international trade would be stopped, undesirable citizens would be put into camps, etc. He really did not need courts or legislature on your side for that if you can control the military and a sizable portion of the country is on your side too. So that all turned out to be another cry wolf situation. Things are different now too because they are not the same, sure. I don't know that people who got it quite wrong are the ones to trust when it comes to predictions of trading and economics this time around. > Just look at the tourism figures for an idea of the current sentiment. No doubt a lot of people have changed their minds about visiting US due to Trump - "Overseas arrivals fell 3.4% in June compared to a year ago, bringing the YTD decline to 1.2%." But I don't think those kinds of swings are much evidence for larger trade and investment and data sovereignty etc issues. Everybody, EU, UK, China, Japan, India, Australia, well really just about all countries -- have made a lot of noise and care a lot about relying on US tech, having US companies and by extension the US government control their data, etc. This isn't something they've just started to try fixing in 2016 "because Trump", or in 2025 "because this time he means it". It's been much longer than that. With the exception of probably only China, nobody has been able to make a great deal of progress on it.