[Текст на српском] In March, Trump’s first tariffs in the trade war against China came into force. What are the results?

Well, looks like something went wrong for the Great Strategist — by the latest data Beijing has never sold so much stuff to the United States, while buying so relatively little in return. Was that a step on a gigantic trade rake?

Establishment of the financial system based on dollar at the Bretton Woods conference gave to US a significant economic advantage in the post WWII world, over the already devastated economies of the Europe, Asia and Northern Africa. All the rebuilding countries had to adjust to the new model, and adapt to the rules of the leading economic power. And they did. In the meantime, leading economic power, consumed by its own hubris, forget how to adapt…

All the US companies who were successfull in production have fled to the emerging markets in pursuit for profit. That allowed those emerging markets to acquire know-how and technology for a competitive production, and suddenly… Trump was awaken by the FACT that US economy is not globaly competitive any more — by their own rules!

So, now he is destroying the rules, eliminating free trade and imposing tariffs to everybody. Will that help US economy? Not in this World…

Duration: 3:24

Trump will never remember one thing that really can help US economy:

Imposing high tax rates to megacorporations

Why? Because he is in collusion with them. He is in hands of military/industrial complex and the “Deep State” — corporatocracy in essence.

Until you see the same set of measures against the megacorporations which FDR was imposing in his time, you can easily bet: US is going down.

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