Predictably this week, the US Stock Market rebounded after the White House announced a 90-day 'pause' on its phony tariff policy. The Ruling Elites ran the same scam that they always get away with: creating a panic and then buying up distressed stock for bargain prices before inflating them again. All of those True Believers who only a few days ago were proudly boasting that they lost money but were happy to take one for the cause, ended up getting fleeced by the same people whom they are convinced can be a Government instead of elected officials.
What else would we expect from a Treasury Department headed by a man who built his career crashing currencies and profiting off the ensuing panic?
The New Right, however, has been carefully trained and conditioned not to blame anything on American Plutocrats; the Official Narrative is that doing so exposes one an envious loser who wants to be bailed out by Government for his own failure to discipline himself. However, when countries like China succeed economically, the Victim Cards come out. Neocons have learned over the years that their supporters will react with visceral rage to any scapegoat they can cook up. Millions of illegal immigrants, trillions in Government waste, Democrats selling out to China: all of these things really exist in the Postmodern Conservative's mind because the Holy Trinity of Trump, Vance, and Musk say so and are believed to be infallible.
China's reaction has been expressed in the terms of a decent editorial published in their media today. They have a fairly good assessment of the economic damage that the Neocons' economic policies inflict upon average Americans.
"When the Trump administration threatens to sever trade ties, it is effectively demanding that U.S. industries—many of which have spent thirty years optimizing their operations around Chinese inputs—reconfigure entire supply chains overnight. The economic dislocation this will cause is not theoretical; it is already unfolding in factory towns from Michigan to Texas, where manufacturers face soaring input costs and logistical chaos. The agricultural sector offers perhaps the clearest illustration of this self-inflicted harm. China remains the largest export market for American soybeans, absorbing nearly one-third of U.S. production in peak years. During Trump’s first tariff war in 2018, Beijing’s retaliatory measures devastated rural communities, with soybean prices plunging to decade lows and farm bankruptcies surging. The administration responded with $23 billion in emergency subsidies—essentially transferring wealth from urban taxpayers to compensate for lost trade revenue—but failed to address the structural damage."
All of this is true, but what the Chinese experts overlook is the fact that economically bankrupting the productive classes is the whole purpose behind American economic policy. Decades of phony 'deregulation' and consolidation; the fake 'national emergencies;' the Scamdemic; the bailouts; sanctions and tariffs---all of these were calculated precisely to cause the kind of situation described in the article.
What we're witnessing today is the end-game of the Strategy of Tension played out in the economic sector. By transferring over 90% of the nation's wealth to 10% of the nation's financial overlords, the Elites have set up a situation where people will demand the security of a strong Government to relieve their economic stress. Into the void, the authoritarian Right gladly will step, with Central Bank Digital Currency, guaranteed national incomes, and other programs advanced by the World Economic Forum to bring about the Great Reset. It should be noted that figurehead Trump's two most powerful advisors---JD Vance and Elon Musk---are both partisans of a philosophy under which Constitutional Government is replaced by a Technocratic Elite.
No amount of Denialism is going to change the Reality. The New World Order isn't made better by changing elements of the Uniparty and dominating the other side in online debates. We have to focus on who's causing the problems and what their ultimate aims are if we hope to remain free.