And So the Trade War Begins
Published at 08:00 on 6 April 2018
Actually, there’s a silver lining to this dark cloud. It’s going to hurt the farmers and the capitalists, and both groups tended to lean towards Trump in the election. Thus, it’s going to hurt Trump’s base of support.
But we’re only beginning to enter the woods on this one, and this case the woods is more like a jungle full of vipers ready to strike and jaguars ready to pounce. The worse the economy gets, the more likely the regime is to start a war in order to distract from it, and a war with North Korea in particular could easily escalate into a nuclear conflict with China.
Much of it depends when the Republicans in Congress start deciding they need to pay more attention to the wishes of their Wall Street paymasters than the adult toddler in the Oval Office, and consequently act to seriously rein in or remove Trump.