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ZELENSKY HAS FAITH TURKEY WILL SUPPORT UKRAINIAN SECURITY GUARANTEES while lauding Erdogan as 'one of the important players in the guarantee of future security in the Black Sea.'
But didn't you just demand an 'unconditional ceasefire...?'
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But didn't you just demand an 'unconditional ceasefire...?'
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Forwarded from The Islander
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🇺🇸❌🇺🇸🤷♂️ Tariffs, Inflation, and the Delusion of Empire Economics
Peter Schiff is sounding the alarm again: Trump’s tariffs will “send the cost of living through the roof.” Cue the usual fearmongering: tariffs = taxes, prices will soar, shelves will empty, grandma can’t afford eggs.
But here’s the twist: Schiff isn’t wrong, he’s just stuck playing checkers while the real game is more complex.
The inflation boogeyman isn’t about tariffs, (too neoclassical and over simplifies) it’s about monopolies, financial parasitism, and an empire addicted to outsourcing everything but debt. The U.S. doesn’t have a “spending” problem, as much as it has a Wall Street extraction problem. Housing, health care, student debt, all engineered price spirals.
And yet, tariffs can backfire… if they’re not paired with industrial revival. If all Trump does is slap duties on China without rebuilding factories or breaking up monopolies, it’s just an expensive grift.
But here’s the kicker: the sanctions-tarrifs blowback against Russia and China already exposed the West’s fragile supply chains. The multipolar world is already moving. The dollar’s magic wand is cracking. And the rest of the world? They’re lining up to renegotiate terms, not reinforce empire.
So what happens to the average American?
Short term: yes, prices may rise. Especially if logistics don’t adapt fast enough. This isn’t “inflation”, it’s the death rattle of a consumption economy that forgot how to produce.
Medium term: expect realignment. More domestic production. Friend-shoring at "fairer terms". Painful transition? Yes. But the old game of cheap imports, hollowed industry, and financial speculation should be over.
Long term: if the U.S. gets serious about supply chains, sovereignty, and reindustrialization, if... then this tariff war could spark the first steps out of the neoliberal death spiral.
Otherwise? Boom… and not the kind Trump tweets about.
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Peter Schiff is sounding the alarm again: Trump’s tariffs will “send the cost of living through the roof.” Cue the usual fearmongering: tariffs = taxes, prices will soar, shelves will empty, grandma can’t afford eggs.
But here’s the twist: Schiff isn’t wrong, he’s just stuck playing checkers while the real game is more complex.
The inflation boogeyman isn’t about tariffs, (too neoclassical and over simplifies) it’s about monopolies, financial parasitism, and an empire addicted to outsourcing everything but debt. The U.S. doesn’t have a “spending” problem, as much as it has a Wall Street extraction problem. Housing, health care, student debt, all engineered price spirals.
And yet, tariffs can backfire… if they’re not paired with industrial revival. If all Trump does is slap duties on China without rebuilding factories or breaking up monopolies, it’s just an expensive grift.
But here’s the kicker: the sanctions-tarrifs blowback against Russia and China already exposed the West’s fragile supply chains. The multipolar world is already moving. The dollar’s magic wand is cracking. And the rest of the world? They’re lining up to renegotiate terms, not reinforce empire.
So what happens to the average American?
Short term: yes, prices may rise. Especially if logistics don’t adapt fast enough. This isn’t “inflation”, it’s the death rattle of a consumption economy that forgot how to produce.
Medium term: expect realignment. More domestic production. Friend-shoring at "fairer terms". Painful transition? Yes. But the old game of cheap imports, hollowed industry, and financial speculation should be over.
Long term: if the U.S. gets serious about supply chains, sovereignty, and reindustrialization, if... then this tariff war could spark the first steps out of the neoliberal death spiral.
Otherwise? Boom… and not the kind Trump tweets about.
🎙Subscribe @TheIslanderNews
Donate - Support Our Work
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“Oops, there will be no attack by these Houthis”
Do you believe orange boi?
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NATO states WON'T up defense spend to 5% of GDP as Trump wants, Belgium says
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They are focused on the BIG, BEAUTIFUL DEAL, which will SUPERCHARGE our Economy -- Trump tries to quell tariff FEARS
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Zelensky to call July election 'hoping short timetable would let him run UNOPPOSED' — The Economist
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Trump fans TURN on him
'Everything's in the shi**er because of tariffs, I'm down $7M' — Portnoy
'Everything's in the shi**er because of tariffs, I'm down $7M' — Portnoy
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FATWA issued to 'immediately ARM' Palestine and 'blockade Israel'
Islamic scholars send religious decree to Israel's Muslim neighbors
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Islamic scholars send religious decree to Israel's Muslim neighbors
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'Iran GPS jams' US C-17 jet into this 'extremely strange flight pattern' — The Defender Dome
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Goldman controversial ex-boss Blankfein says stop reciprocal tariffs, in rare tweet
2 previous posts mock Bitcoin and 'convict' Trump
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2 previous posts mock Bitcoin and 'convict' Trump
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Trump tells terrified Ukrainian 'refugees' in America to GET OUT
Letter told them their refugee status had been revoked, but DHS quickly backtracks, saying Ukraine refugee program not cancelled.
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Letter told them their refugee status had been revoked, but DHS quickly backtracks, saying Ukraine refugee program not cancelled.
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Kim test-fires NEW sniper rifle during a trip to a special operations training base
North Korea's Supreme Leader points right at the center of the target, where North korean media says he hit.
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North Korea's Supreme Leader points right at the center of the target, where North korean media says he hit.
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AfD support surges ahead, on par for 1ST time with upcoming Chancellor Merz’s CDU/CSU alliance (Union)
German lamestream media says it’s a 'DEBACLE' for Union...
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German lamestream media says it’s a 'DEBACLE' for Union...
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Footage expose Israel's LIES about not killing aid workers in Gaza
15 Palestinian Red Cross medics killed - IDF had said convoy advancing 'suspiciously' without headlights, 'majority killed were terrorists'.
But this vid from NYT of late March shooting shows emergency signals and reflective gear clearly shown...
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15 Palestinian Red Cross medics killed - IDF had said convoy advancing 'suspiciously' without headlights, 'majority killed were terrorists'.
But this vid from NYT of late March shooting shows emergency signals and reflective gear clearly shown...
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Yemeni media say Trump bombed tribe gathering, NOT Houthis 'gathered for instructions' as he claims
Add visitors to tribe welcomed by oval gathering like this, also used for Eid al-Fitr celebrations...
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Add visitors to tribe welcomed by oval gathering like this, also used for Eid al-Fitr celebrations...
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