Day of Last Economic Judgment
US President Donald Trump referred to high customs customs for friends and enemies as « US Liberation Day. » Opponents, however, see the father of the motto « first America » and « do America again a lot » as Nero, who during the arson of the Rome Fund Fund of the Declaration of Economic Independence. The US stock exchanges lost thousands of billions on Thursday after opening.
Trump has driven into the economic foundations of the world with the European Union, which he said has been created to play American interests. The outraged global statesmen warn that new protectionism will eventually be paid by US consumers and may be true. At least their much part has made it available to the Supreme American nationalist for a while to prove themselves, since in the last globalization they themselves see the ugly playing of their interests. In recent decades, countless old industrial centers have collapsed and five million industrial jobs. Most of them went to China, which is now threatening military power and economic impact.
The first Republican sees the source of all US problems even longer than the adoption of the Asian dictatorship to the World Trade Organization without obligations of reciprocity to others and democratization. It puts the introduction of personal income tax on the bench in 1916 during the Democratic President Woodrow Wilson. Previously, US governments have been fundamentally restricted – duty from customs. Trump believes that without this change there would be no great depression of the twentieth century, so he wants to convert it at all costs.
Economists and historians will argue about this, and politicians around the world must now deal with undermined foundations for all the truths of good economic development so far. Trump is proclaimed a kind -hearted because he has imposed only half of the customs and non -cottage obstacles imposed on his country by most countries, so the long -term mountaineer may not be over. While collecting the wreckage of the economic arrangement of the last half century, Europeans and others can follow him at least in the liberalization of the economy by reducing taxes, deregulation and promotion of energy independence. Without better management, the EU European Peace Project will hardly survive the US challenges of the 21th century.
