i think next time trump's econ team writes A User’s Guide to Restructuring the Global Trading System i should probably read it (hexbear.net)

submitted 2 weeks ago by frogbellyratbone_@hexbear.net to c/chapotraphouse@hexbear.net

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https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf

it's linked here. feels like Bush/Project for a New American Century.

his treasury secretary wrote this back in October too: https://archive.ph/IYXLe

seems like: crash the market, negotiate individually, new trade deals guaranteeing permanent/ongoing softening of the US Dollar.

i also appreciate all the user's providing analysis of what's going on other than "trump bad" or "trump insane." other than this site, the internet has mostly been a useless pile of shit this past week.

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[-] frogbellyratbone_@hexbear.net 8 points 1 week ago

for real. i've spent maybe like 8 hours today reading through all of it. it's all reminiscent of Reagan/Volcker and abandoning the bretton woods system.

they're remaking the global economy, again. the proles are going to have to pay for it, again.

capitalism is fucking stupid.

[-] RedWizard@hexbear.net 4 points 1 week ago

And now thanks to globalization there is zero manufacturing in the country, all the factories are rotting or turned into apartments. Lol this is way more fucked when Reagan did it. Arguably manufacturing decline was probably staved off due to his policies, mostly through a massive reduction of worker wages (I think, it's late, I'm tired).

[-] frogbellyratbone_@hexbear.net 2 points 1 week ago

it's so fucked up because i genuinely think they want to bring manufacturing back because war. but like, if they bring manufacturing back no one wants to pay fair, livable wages so it's all automation.

so cool we brought manufacturing back but it's all machines.

and they don't care. i don't see how that shores up the american dollar and american work force if there's 24%+ real unemployed.

ffs i know this is radlib as all hell but 2016, 2020 why didn't bernie win?