None of the countries is going to back down. Because the all know the minute they do, the more shit Trump is going to pull. At this point it’s basically extortion.
Exactly. Trump is trying to pose as irrational chaos because he thinks people will back down because they’re rational, and that’s a disadvantage.
But he’s got it wrong - whether irrational or not, he’s an economic terrorist, any concession is just an invitation to repeat the behavior, and his schtick is obvious at this point. The rational response is to not negotiate with terrorists.
Yeah, I think the Nash equilibrium is to just stop negotiating with him.
There’s no upside to it. Nothing he says can be relied upon, and the playbook is obviously to make up some new problem or declare a fake emergency to violate agreements anyways.
His goals are foolish and wasteful and he’s throwing everything away to try and achieve them.
Trump 2026/2028: the US is under economic war from the entire world and this is a national emergency, we cannot have an election until they resume all normal trading with us and honor our tarrifs up the ass without any counter tarrifs.
None of the countries is going to back down. Because the all know the minute they do, the more shit Trump is going to pull. At this point it’s basically extortion.
Exactly. Trump is trying to pose as irrational chaos because he thinks people will back down because they’re rational, and that’s a disadvantage.
But he’s got it wrong - whether irrational or not, he’s an economic terrorist, any concession is just an invitation to repeat the behavior, and his schtick is obvious at this point. The rational response is to not negotiate with terrorists.
Yeah, I think the Nash equilibrium is to just stop negotiating with him.
There’s no upside to it. Nothing he says can be relied upon, and the playbook is obviously to make up some new problem or declare a fake emergency to violate agreements anyways.
His goals are foolish and wasteful and he’s throwing everything away to try and achieve them.
Trump 2026/2028: the US is under economic war from the entire world and this is a national emergency, we cannot have an election until they resume all normal trading with us and honor our tarrifs up the ass without any counter tarrifs.
Kinda looks like he wussed out to focus on China.
This wouldn’t be stupid if he hadn’t passed off the entire world and looked like a total moron first.
Did he wuss out, or did his billionaire donors get a call yesterday saying he was going to do this at 1pm eastern or whatever it was?
Edit: maybe it’s in a signal chat and we can get a journalist added lol
He tweeted it apparently.
But I do not doubt everybody in the white house and everyone in the know was making moves earlier.
If I put my tinfoil hat on that could be why the fall suddenly stopped on Monday and even China dumping bonds didn’t fuck up the markets today
Pretty sure you only need a tinfoil hat here if you think water isn’t wet.