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
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