(01-31-2017, 09:54 AM)sydneybluesfan link Wrote:I agree with you - this all about the winners and the losers, and at the moment the losers are surely having there say.
The really interesting thing for me in all this is the 'inevitable backlash from the losers' when the strategy of protectionism which is being pursued ATM doesn't deliver any benefits to the domestic US citizens, most things cost more, the steel mills don't re-open, the stock market tanks and they are in a recession [depression] that they can't get out of because the rest of the world has closed their doors.
I fully agree that their are huge structural issues in the US [and UK] for those at the bottom end that need to be addressed, but starting a trade war is surely only going to make the situation worse for them - then who do they blame / turn too??
I believe we are witnessing the scene setting or conditioning phase of the Trump era ATM, with him confirming to his faithful that he is a man who keeps his promises and makes good on his threats. His real agenda is yet to emerge but from what I can make out it will focus on realigning US defence and foreign policy strategies, moving away from those that have created such disasters in the Middle East. Oil and gas will be central to this hence the appointment of Rex Tillerson. Just my thoughts, worrying times ahead.
Reality always wins in the end.