๐จ๐บ๐ธ๐ Will Trump's Tariffs BLOW UP American economy?
We've previously written about why Trump is likely to prevail in his trade war with Canada and Mexico. For the sake of being balanced, let's examine why his tariff addiction could BACKFIRE SPECTACULARLY.
โ ๏ธ๐ฐIn 2023, the tariffs generated a return of $80 billion, a mere drop in the bucket compared to the nearly $2.2 trillion in personal income tax revenue. Here are the points to keep in mind:
๐ธ Only a universal tariff of 70% would generate enough revenue to replace individual income tax, and that's just in theory, because imports would obviously crumble in that scenario.
๐ธHigher tariffs to China can destroy the revenue to US companies
๐ธTrump's tariffs could cost the U.S. middle-class family between $1,200 and $2,600 each year.
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We've previously written about why Trump is likely to prevail in his trade war with Canada and Mexico. For the sake of being balanced, let's examine why his tariff addiction could BACKFIRE SPECTACULARLY.
โ ๏ธ๐ฐIn 2023, the tariffs generated a return of $80 billion, a mere drop in the bucket compared to the nearly $2.2 trillion in personal income tax revenue. Here are the points to keep in mind:
๐ธ Only a universal tariff of 70% would generate enough revenue to replace individual income tax, and that's just in theory, because imports would obviously crumble in that scenario.
๐ธHigher tariffs to China can destroy the revenue to US companies
๐ธTrump's tariffs could cost the U.S. middle-class family between $1,200 and $2,600 each year.
Subscribe to @NewRulesGeo or follow us on X
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๐จ๐บ๐ธ๐ฆ Will Trump BANKRUPT the United States?
Forget all the noise about DOGE slashing government waste and fraud.
Trumpโs proposed tax plan would add $5 to $11 trillion to the national debt by 2035. That would push debt to 132% of GDP on the low end and 149% on the high end!
As we explained in the previous post, Trumpโs tariffs will not be sufficient to fill US treasury coffers.
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Forget all the noise about DOGE slashing government waste and fraud.
Trumpโs proposed tax plan would add $5 to $11 trillion to the national debt by 2035. That would push debt to 132% of GDP on the low end and 149% on the high end!
As we explained in the previous post, Trumpโs tariffs will not be sufficient to fill US treasury coffers.
Subscribe to @NewRulesGeo or follow us on X
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๐บ๐ธ๐จ๐ณ Peter Schiff: US cannot economically compete with China
US runs huge trade deficits with China because the Chinese economy is far more productive than the American economy.
Meanwhile, the Chinese middle class keeps growing while Americaโs middle class keeps shrinking.
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US runs huge trade deficits with China because the Chinese economy is far more productive than the American economy.
Meanwhile, the Chinese middle class keeps growing while Americaโs middle class keeps shrinking.
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๐จ๐บ๐ธ๐ค Trumpโs Deal With US Deep State โ Alastair Crooke
In order to remain power and be allowed to implement certain reforms, Trump has been forced to make some tactical compromises with US Deep State.
This explains some of his extreme rhetoric on Russia and Iran.
Watch the entire episode HERE
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In order to remain power and be allowed to implement certain reforms, Trump has been forced to make some tactical compromises with US Deep State.
This explains some of his extreme rhetoric on Russia and Iran.
Watch the entire episode HERE
Subscribe to @NewRulesGeo or follow us on X
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๐ฉ๐ช๐ฆ๐ฃGerman economy on the verge of โKAPUTโ
The implosion of the German economy is accelerating, even more than we predicted.
To make matters worse, Trump has signed new tariffs at 25% for steel and aluminum applied to all countries. Remember that Germany is the 6th largest exporter to the US with $84B in exports.
Scholz and Von der Leyen have vowed that the EU will respond forcefully to the US tariffs. However, Germany's economy is already reeling from Russia sanctions and explosion of Nord Stream pipelines. A US-EU trade war would likely be a knockout blow to the Germany economy, which send shockwaves to the French, Spanish, and other European economies
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The implosion of the German economy is accelerating, even more than we predicted.
To make matters worse, Trump has signed new tariffs at 25% for steel and aluminum applied to all countries. Remember that Germany is the 6th largest exporter to the US with $84B in exports.
Scholz and Von der Leyen have vowed that the EU will respond forcefully to the US tariffs. However, Germany's economy is already reeling from Russia sanctions and explosion of Nord Stream pipelines. A US-EU trade war would likely be a knockout blow to the Germany economy, which send shockwaves to the French, Spanish, and other European economies
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๐ธ๐ช๐ช๐ฑ๐น๐ฑ๐ปBREAKING: Baltic Chihuhaus do something stupid, again
On February 9, Estonia, Latvia and Lithuania disconnected from the BRELL energy ring that supplied them with energy from Russia and Belarus.
Ursula von der Leyen, Zelensky and other European authorities congratulated the Baltic countries for no longer depending on Russian energy. But ordinary citizens are probably less than thrilled.
In 24 hrs. they went from paying:
๐ธ$64.79 MWh. (62.74 EUR)
๐ธTO $151.62 MWh. (148.83 EUR)
The Baltic state are now part of the broader European energy crisis. But their numbers are especially bad.
๐ธBaltic States' local electricity production: 18.4 TWh.
๐ธConsumption: 27 TWh.
In other words, a massive deficit.
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On February 9, Estonia, Latvia and Lithuania disconnected from the BRELL energy ring that supplied them with energy from Russia and Belarus.
Ursula von der Leyen, Zelensky and other European authorities congratulated the Baltic countries for no longer depending on Russian energy. But ordinary citizens are probably less than thrilled.
In 24 hrs. they went from paying:
๐ธ$64.79 MWh. (62.74 EUR)
๐ธTO $151.62 MWh. (148.83 EUR)
The Baltic state are now part of the broader European energy crisis. But their numbers are especially bad.
๐ธBaltic States' local electricity production: 18.4 TWh.
๐ธConsumption: 27 TWh.
In other words, a massive deficit.
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๐จ๐น๐ท๐ฑ๐พ Follow the Money: Turkey's Energy Imperialism in Libya
Turkey has turned its eyes to Libya in order to emerge as a possible new energy supplier for Europe and the Asia.
An agreement has already been signed in 2022, and allows Turkish companies to collaborate with Libyan companies for:
๐ธOil and gas exploration
๐ธOnshore and offshore projects
In exchange, Turkey provides military support to Libya's Government of National Unity
Watch the entire episode HERE
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Turkey has turned its eyes to Libya in order to emerge as a possible new energy supplier for Europe and the Asia.
An agreement has already been signed in 2022, and allows Turkish companies to collaborate with Libyan companies for:
๐ธOil and gas exploration
๐ธOnshore and offshore projects
In exchange, Turkey provides military support to Libya's Government of National Unity
Watch the entire episode HERE
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๐จ๐บ๐ธ๐ Trump is managing AMERICAN IMPERIAL DECLINE โ Alastair Crooke
If the American empire is to survive, it will have to give up Ukraine and the Middle East to consolidate its control over the Western hemisphere.
This explains Trumpโs obsession with Greenland and Canada
Watch the entire episode HERE
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If the American empire is to survive, it will have to give up Ukraine and the Middle East to consolidate its control over the Western hemisphere.
This explains Trumpโs obsession with Greenland and Canada
Watch the entire episode HERE
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๐จ๐บ๐ธ๐ค SPECIAL EPISODE INCOMING
Pepe Escobar joins us for a NO HOLDS BARRED discussion about techno-feudalism, how the US Deep State created Big Tech, and why China's model for technological innovation is superior.
Also features a historical comparison between Elon Musk and 17th century Catholic warlord Albrecht von Wallenstein.
Interview is dropping on Thursday on Telegram and X.
Subscribe to @NewRulesGeo or follow us on X
Pepe Escobar joins us for a NO HOLDS BARRED discussion about techno-feudalism, how the US Deep State created Big Tech, and why China's model for technological innovation is superior.
Also features a historical comparison between Elon Musk and 17th century Catholic warlord Albrecht von Wallenstein.
Interview is dropping on Thursday on Telegram and X.
Subscribe to @NewRulesGeo or follow us on X
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๐จ๐จ๐ณ๐บ๐ธ China is CRUSHING the United States in scientific research across the board
China now leads the world in 90% of critical technology research, according to the Australian Strategic Policy Institute.
Letโs take closer look where China DOMINATES the US:
๐ฌNatural and health sciences (Nature Index)
๐จ๐ณChinese Academy of Sciences 2243.22 contributions
๐บ๐ธHarvard University 1143.43 contributions
โ๏ธPhysics (Nature Index)
๐จ๐ณ12.90 in contribution and influence
๐บ๐ธ12.81 in contribution and influence
๐คAI (2013 -2023)
๐จ๐ณ557,326 articles published
๐บ๐ธ354,042 articles published
๐ฅผTop AI researchers
๐จ๐ณ47%
๐บ๐ธ18%
๐งชChemistry
๐จ๐ณ6,183.75 contributions
๐บ๐ธ5,371.32 contributions
๐ฒEnvironmental Science
๐จ๐ณ2600 cited articles
๐บ๐ธ2400 cited articles
๐งโ๐๐จ๐ณ7/10 leading research institutions are based in China
๐งโ๐๐บ๐ธ1/10 is American
Subscribe to @NewRulesGeo or follow us on X
China now leads the world in 90% of critical technology research, according to the Australian Strategic Policy Institute.
Letโs take closer look where China DOMINATES the US:
๐ฌNatural and health sciences (Nature Index)
๐จ๐ณChinese Academy of Sciences 2243.22 contributions
๐บ๐ธHarvard University 1143.43 contributions
โ๏ธPhysics (Nature Index)
๐จ๐ณ12.90 in contribution and influence
๐บ๐ธ12.81 in contribution and influence
๐คAI (2013 -2023)
๐จ๐ณ557,326 articles published
๐บ๐ธ354,042 articles published
๐ฅผTop AI researchers
๐จ๐ณ47%
๐บ๐ธ18%
๐งชChemistry
๐จ๐ณ6,183.75 contributions
๐บ๐ธ5,371.32 contributions
๐ฒEnvironmental Science
๐จ๐ณ2600 cited articles
๐บ๐ธ2400 cited articles
๐งโ๐๐จ๐ณ7/10 leading research institutions are based in China
๐งโ๐๐บ๐ธ1/10 is American
Subscribe to @NewRulesGeo or follow us on X
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BREAKING: Exclusive footage of Trump-Zelensky meeting Subscribe to @NewRulesGeo or follow us on X
Would you like us to post more memes and troll Atlanticist shills?
Anonymous Poll
28%
Yes, I want to be entertained
25%
No, I only want serious analysis
47%
A little bit, but don't over do it
1%
I hate this channel
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๐น๐ท๐ค๐ช๐บ๐บ๐ธTurkey is run by Atlanticists and NATO lovers.
The Gang of Five, as they are called in Turkey, is closely linked to the AKP (Justice and Development Party) and Erdogan, which has given them great power to influence political and economic decisions.
They are the driving force between pro-NATO and pro-EU politics in Turkey.
But, who exactly is the Gang of Five?
๐ธMehmet Nafฤฑz Gรผnal (President of MAPA)
๐ธNihat รzdemir (President of LฤฐMAK)
๐ธฤฐnศaat Mehmet Cengiz (President of CENGฤฐZ)
๐ธCemal Kalyoncu (President of KALYON)
๐ธNaci Koloฤlu (President of KOLฤฐN)
A report by the main opposition Republican People's Party (CHP) points out that the government has issued $9B (330.5B liras) worth of tenders, excluding those below $2M (100M liras), and that 50% of those tenders were won by the same 20 companies in the last five years. Among those tenders, 24% were won by 'the gang of five'.
Watch the entire episode HERE
Subscribe to @NewRulesGeo or follow us on X
The Gang of Five, as they are called in Turkey, is closely linked to the AKP (Justice and Development Party) and Erdogan, which has given them great power to influence political and economic decisions.
They are the driving force between pro-NATO and pro-EU politics in Turkey.
But, who exactly is the Gang of Five?
๐ธMehmet Nafฤฑz Gรผnal (President of MAPA)
๐ธNihat รzdemir (President of LฤฐMAK)
๐ธฤฐnศaat Mehmet Cengiz (President of CENGฤฐZ)
๐ธCemal Kalyoncu (President of KALYON)
๐ธNaci Koloฤlu (President of KOLฤฐN)
A report by the main opposition Republican People's Party (CHP) points out that the government has issued $9B (330.5B liras) worth of tenders, excluding those below $2M (100M liras), and that 50% of those tenders were won by the same 20 companies in the last five years. Among those tenders, 24% were won by 'the gang of five'.
Watch the entire episode HERE
Subscribe to @NewRulesGeo or follow us on X
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๐จ๐จ๐ต Can Gold Replace the US Dollar?
The US dollarโs days as the global reserve currency are numbered due to blowback from Western sanctions against Russia, Peter Schiff told #NewRulesPodcast.
โWe told the world get rid of dollars and buy gold, and that's exactly what they've been doing. That's why the price of gold is at an all-time record high. Gold is on pace for its best year since 1979. That is not a coincidence,โ he said.
Trump's recent tariff threats have pushed gold prices to record highs, with gold breaking above $2,900 per ounce for the first time.
๐ Watch full interview here.
Subscribe to @NewRulesGeo or follow us on X
The US dollarโs days as the global reserve currency are numbered due to blowback from Western sanctions against Russia, Peter Schiff told #NewRulesPodcast.
โWe told the world get rid of dollars and buy gold, and that's exactly what they've been doing. That's why the price of gold is at an all-time record high. Gold is on pace for its best year since 1979. That is not a coincidence,โ he said.
Trump's recent tariff threats have pushed gold prices to record highs, with gold breaking above $2,900 per ounce for the first time.
๐ Watch full interview here.
Subscribe to @NewRulesGeo or follow us on X
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New Rules
๐จ๐จ๐ต Can Gold Replace the US Dollar? The US dollarโs days as the global reserve currency are numbered due to blowback from Western sanctions against Russia, Peter Schiff told #NewRulesPodcast. โWe told the world get rid of dollars and buy gold, and that'sโฆ
What is the most promising alternative to the US dollar?
Anonymous Poll
52%
Gold
10%
Bitcoin
11%
Chinese Yuan
20%
BRICS currency
2%
Nothing can topple Dollar hegemony
5%
Other (comment below)
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๐ช๐บ๐ฆ๐ FUN FACT: The two most valuable European companies are a Danish firm that sells obesity drugs to Americans, and a French luxury handbag brand.
๐ท๐บ๐ข๐ญ By contrast, the most valuable Russian companies are Sberbank (financial technology) and natural resource producers (oil, gas, gold, steel, agriculture). In other words, REAL ECONOMIC ASSETS.
โ๏ธ Keep this in mind when you read statistics that claim that Europeโs economy is larger and better than Russiaโs.
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๐ท๐บ๐ข๐ญ By contrast, the most valuable Russian companies are Sberbank (financial technology) and natural resource producers (oil, gas, gold, steel, agriculture). In other words, REAL ECONOMIC ASSETS.
โ๏ธ Keep this in mind when you read statistics that claim that Europeโs economy is larger and better than Russiaโs.
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๐จ๐บ๐ธ๐บ๐ฆ Where in the world is Keith Kellogg?
By now most of you have probably read Trumpโs statement about his phone call with Putin.
Thereโs one detail you should pay attention to. Hereโs the US negotiating team per Trumpโs statement: Secretary of State Marco Rubio, CIA director John Ratcliffe, National Security Advisor Michael Waltz, and US Special Envoy to the Middle East Steve Witkoff. Conspicuously missing โ Keith Kellogg, who is supposedly Trumpโs Special Envoy on Ukraine.
Another strange detail: Witkoff, not Kellogg, was the first Trump official to visit Moscow.
Has Kellogg been exiled/marginalized for his neocon views?
Subscribe to @NewRulesGeo or follow us on X
By now most of you have probably read Trumpโs statement about his phone call with Putin.
Thereโs one detail you should pay attention to. Hereโs the US negotiating team per Trumpโs statement: Secretary of State Marco Rubio, CIA director John Ratcliffe, National Security Advisor Michael Waltz, and US Special Envoy to the Middle East Steve Witkoff. Conspicuously missing โ Keith Kellogg, who is supposedly Trumpโs Special Envoy on Ukraine.
Another strange detail: Witkoff, not Kellogg, was the first Trump official to visit Moscow.
Has Kellogg been exiled/marginalized for his neocon views?
Subscribe to @NewRulesGeo or follow us on X
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๐จ๐บ๐ฆ๐ชBoth Trump & Putin want a peace deal, but Zelensky is hellbent on FIGHTING TO THE LAST UKRAINIAN
The war has turned Zelensky into a power-hungry dictator with enormous wealth. He has banned opposition media outlets, political parties, & Ukraineโs largest religious denomination
Now, Zelenskyโs presidential term expired back in May 2024, but he has illegally clung onto power. But once the war is over, Zelensky will lose the pretext for postponing elections. The polls suggest that he would likely be defeated by former General Valery Zaluzhny
What if Zelensky loses the election?
๐ธHis dictatorial powers & the ability to unlawfully enrich himself would vanish
๐ธThe new Ukrainian government would jail him
๐ธNumerous members of Ukraine's elite seek retribution against him for his attempts to incarcerate & seize their assets
Thatโs why he will publicly support Trumpโs peace initiatives, while working behind the scenes to sabotage him every step of the way
Subscribe to @NewRulesGeo or follow us on X
The war has turned Zelensky into a power-hungry dictator with enormous wealth. He has banned opposition media outlets, political parties, & Ukraineโs largest religious denomination
Now, Zelenskyโs presidential term expired back in May 2024, but he has illegally clung onto power. But once the war is over, Zelensky will lose the pretext for postponing elections. The polls suggest that he would likely be defeated by former General Valery Zaluzhny
What if Zelensky loses the election?
๐ธHis dictatorial powers & the ability to unlawfully enrich himself would vanish
๐ธThe new Ukrainian government would jail him
๐ธNumerous members of Ukraine's elite seek retribution against him for his attempts to incarcerate & seize their assets
Thatโs why he will publicly support Trumpโs peace initiatives, while working behind the scenes to sabotage him every step of the way
Subscribe to @NewRulesGeo or follow us on X
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๐จ๐ท๐บ๐บ๐ธUkraine CEASEFIRE agreement between PUTIN and TRUMP, but what about the ARCTIC?
Trump has confirmed that he has had a phone call with Putin in which they discussed a ceasefire in Ukraine, but the Orange Man is simultaneously looking to open a new proxy war front against Russia.
The melting of Arctic has created massive new trade opportunities for Russia โ namely the Northern Sea Route.
But it also creates new security threats. Northern Russia is no longer protected by a โwall of ice.โ
๐จ๐ฆ๐ฌ๐ฑThis is where Trumpโs plans to annex Canada and Greenland come in. If he succeeds, the US will be able to open a new front against Russia.
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Trump has confirmed that he has had a phone call with Putin in which they discussed a ceasefire in Ukraine, but the Orange Man is simultaneously looking to open a new proxy war front against Russia.
The melting of Arctic has created massive new trade opportunities for Russia โ namely the Northern Sea Route.
But it also creates new security threats. Northern Russia is no longer protected by a โwall of ice.โ
๐จ๐ฆ๐ฌ๐ฑThis is where Trumpโs plans to annex Canada and Greenland come in. If he succeeds, the US will be able to open a new front against Russia.
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๐จ๐บ๐ธ๐ค TECHNOFEUDALISM: Meet Americaโs New Oligarch Ruling Class
Pepe Escobar joins #NewRulesPodcast to discuss how the US Deep State created Big Tech, why China's technological innovation model is superior, and Trumpโs obsession with AI dominance.
(01:42) What is technofeudalism?
(14:29) US Deep State and Silicon Valley
(20:04) Debunking globalist arguments on AI
(26:52) Why Big Tech is going to war against Deep State
(29:41) Chinese tech model
(38:35) Why Big Tech defected to Trump
Subscribe to @NewRulesGeo or follow us on X
Pepe Escobar joins #NewRulesPodcast to discuss how the US Deep State created Big Tech, why China's technological innovation model is superior, and Trumpโs obsession with AI dominance.
(01:42) What is technofeudalism?
(14:29) US Deep State and Silicon Valley
(20:04) Debunking globalist arguments on AI
(26:52) Why Big Tech is going to war against Deep State
(29:41) Chinese tech model
(38:35) Why Big Tech defected to Trump
Subscribe to @NewRulesGeo or follow us on X
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