Tuesday, May 3, 2016

The Age of *Free* Trade Ended Tonight

Don't tell Obama, or Shillary, they'll be the last to know...there's no such thing as a free lunch...

Trump's win over Cruz marks the first time an anti-Free trade candidate has led the Republican Party since forever. It's a seminal moment and marks a sea change in political sentiment. Trump basically took the Republican base away from the Neocons and they will never get it back...

*Free trade* has cost the middle class their livelihood. It's cost tens of thousands of U.S. factories and millions of jobs. It has lowered U.S. productivity to the rate of a fucking barista. It has cost corporations their revenue and operating profit. It will soon cost every middle manager yuppy their jobs. And lastly it will bankrupt 90% of corporations. All of which is in the latter stages of taking place. 

It's called arbitrage...
No country will ever attempt free trade again in our lifetimes or any other lifetime. Attempting to trade with countries that have no environmental or labour standard is a fool's errand of the highest order. Any country that attempts to do so will either end up with no environmental and labour standard, or no economy. Voila. 

Say what you want about Trump, but at least he's smart enough to recognize a Ponzi Economy when he sees one. "Growing" the economy via mass immigration and outsourcing is just fake GDP. It's lazy growth. 

The people who don't understand all of this are in for the lesson of a lifetimes.

Ponzi World is ending. As predicted.