cross-posted from: https://lemmy.world/post/24657192

Summary

In a virtual speech at the World Economic Forum, Trump suggested Canada could become a U.S. state to avoid his proposed tariffs on imports.

The remark elicited gasps from the audience.

Trump claimed the U.S. does not need Canadian lumber, energy, or vehicles, vastly overstating the trade deficit between the two nations.

He reiterated his intention to impose tariffs, potentially as high as 25%, on imports from Canada and Mexico starting February 1.

Economists warn such tariffs would raise prices for U.S. consumers.

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[–] 78 points 2 years ago (23 children)

Trump seems to have the goal of destroying the US from all I can tell. Our economy and power are so dependent on our connections to the rest of the world and he is burning them all down. The US dollar gets replaced as the fiat currency we are wholly fucked and this dumb shit is how that happens.

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  • [–] 49 points 2 years ago (6 children)

    Somehow, even with conservatives owning all the branches of government, it will be the Dem's fault.

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  • [–] 24 points 2 years ago (3 children)

    Who needs dollars when you have $TRUMP meme coins?

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  • [–] 17 points 2 years ago (2 children)
  • [–] 17 points 2 years ago (1 child)

    If America is forced to accept austerity measures over our massive debt when the dollar is no longer fiat, regular people will be the ones who suffer sadly.

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  • [–] 20 points 2 years ago

    As long as the US dollar has maintained and will maintain its supremacy, regular people suffer all over the world for the comfort of treatlerites in the imperial core.

    I'd rather the dollar crash so that the world has a chance.

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  • [–] 16 points 2 years ago*

    When Dollar is replaced as the reserve currency, America's imports will shrink and there may be inflation. But it won't result it in defaulting on its domestic currency.

    Any austerity on the US will be self-inflicted (as it is in the UK and Europe). The unwillingness of the US Government to take over the economy from the parasites will make things much worse.

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  • [–] 10 points 2 years ago

    And the last gasp of our conservatives as the final pillar of the whitehouse collapses into a flaming wreck due to Trumps ridiculous toddler-like mismanagement of everything will be to blame it all on the Democrats.

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  • [–] 0 points 2 years ago (2 children)

    That's the point, I think, as well. I could see Putin using the useful idiot to destroy the primary rival to its superiority. The US is incredibly difficult to invade. The intelligence apparatus is too ingrained in all our communication to avoid detection. If you can't get the rot to start from the outside, go for the inside.

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