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US Economy Was Already Sputtering Before Trade Pain Kicked In
(www.bloomberg.com)
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this post was submitted on 27 Apr 2025
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I know RiotDoll already offered some reading material, but it's worth reinforcing:
The US has always been (one of) the guiding hand(s) of fascism, from day one. The Nazis literally sent people to the US to learn how we built a racialized caste system through Jim Crow (and were horrified when they learned about the one drop rule, because even they thought that was too racist). American capitalists made millions off of slave labor in the Third Reich and lobbied the Allied Air forces to avoid bombing factories that were producing weapons for the Nazis because they owned them. When the war ended, the US protected and rehired massive chunks of the Nazi and Japanese command to head up NASA, NATO, the South Korean military, etc.
The only point in favor of the US not being explicitly fascist is that it managed to export the crises and downsides of capitalism internationally to avoid the internal crises that lead to fascism traditionally because Americans domestically enjoy enough treats to avoid class consciousness, and even that's breaking down now so who knows if that will hold.
Don't worry, I've listened to Blowback. I was just kidding around with RiotDoll.