Monday, August 26, 2019

Economic War Of The Pacific - 7

Who knew?

One president ago I began to talk about an economic war that was "brewing" (Economic War Of The Pacific, 2009).

The backdrop of that alleged economic war was the "petro dollar" and/or "reserve currency" (First Shots Fired In The Currency Wars, 2, 3, 4; cf. Economic War Of The Pacific, 2, 3, 4, 5, 6).

The current president is making a mockery of US foreign relations and economic policies which fits in with the coming demise of the dollar as the "petro dollar" or "reserve currency" (Trump’s Economic Message Doesn’t Reassure Anyone, New data challenges Trump's economic narrative).

His incompetence, dishonesty, cluelessness, child abuse, and strange bedfellow politics lend a hand to those who want their nation's currency to become the world currency by replacing the US dollar (Phase Two of the Currency Wars?, Phase Three Of The Currency Wars?, Phase Four Of The Currency Wars?).

The previous post in this series is here.


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  3. “'At this time, we can see storm clouds gathering,' Mattis added. 'A polemicist’s role is not sufficient for a leader. A leader must display strategic acumen that incorporates respect for those nations that have stood with us when trouble loomed. Returning to a strategic stance that includes the interests of as many nations as we can make common cause with, we can better deal with this imperfect world we occupy together. Absent this, we will occupy an increasingly lonely position, one that puts us at increasing risk in the world.'

    Mattis warned that Trump’s domestic leadership had ripped apart American unity, and he said that placed democracy itself in danger." - (link)