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Real Reason Trump ordered a new tariff on Mexican products

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#1 3C273

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Posted 01 June 2019 - 12:07 PM

Canadian economists say that Trump knows the tariff will slow down the US economy and that is exactly what he want to do, because a slower economy will force the Fed to lower interest rates, he hopes, since he has millions in outstanding debt and wants to reduce the amount of interest he pays.  Interesting that US news media aren't discussing this.

#2 D.Rabbit


    Me and all my shadows.

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Posted 04 June 2019 - 07:58 PM

You watching 22 Minutes for your news? :D
If history has any bearing Trump will just section 11 his debts and play shuffle the bucks again.
He knows there is next to no gold backing most of the currency the banks loan out. They only need 10% of what they loan so it's primarily a game of invisible money changing hands.

He is never going to be able to built that wall if he puts a tariff on Canadian Steel.
It's a foolish move if your right, it will mean he is totally incapable of living up to his promises, but since when has that ever stopped him?
7 verses I know you're there behind the veil.

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