for
- climate crisis - impact of Trump tariff strategy - increasing economic and carbon inequality and precarity for the masses - from - Youtube - Trump wants to crash to benefit the ultra wealthy - Trump's planning to crash the global economy - Richard J Murphy - 2024, Dec
//
- SUMMARY
- Richard J Murphy provides us with a big picture of Trump's objective in his calculated Tariff strategy
- It's not that it makes no sense and is a strategy of a madman
- On the contrary, he has a very calculated and maniacal strategy that will result in significantly increasing the wealth of the elites
- By creating high tariffs, he will bring about a global economic crash
- Like the 2008 and 2020 crash, central banks will print trillions of dollars of money and handout bailouts
- It is the elites who will receive these bailouts and inflate the value of their assets
- This will
- substantially increase the wealth of the rich
- substantially increase the precarity of the vast majority of people
- increase global inequality
- financial inequality and
- carbon inequality
- This increased precarity is bad news for the climate crisis as a precarious population have less flexibility in reducing their carbon footprint and are more dependent than ever on whatever remain job and resources they still have
- Given we have this knowledge of the elite's hidden strategy, can we the people intervene in any way?
- We need to have an understanding of how elites see the world
- The entire worldview of externalizing investment as a game of accumulation must be understood deeply
- in order to find leverage points for rapid system change
//