Ukraine Rada Foreign Affairs Committee chair Oleksandr Merezhko warns that Trump’s aid cutoff is aimed at forcing a capitulation of Ukraine to Russia.
Merezhko claims that Trump’s actions are worse than the Munich Agreement of 1938
At least then Czechoslovakia was not framed as the aggressor against Nazi Germany, this is a line that is being echoed in Kyiv as the aid cutoff sinks in.
And this is also the reason why we in Europe is likely fucked. Most European leaders are not made of steel and seek rapprochment with the US and are so frozen in panic:
https://x.com/The_Lookout_N/status/1896850749398896667
https://x.com/The_Lookout_N/status/1896850752666239167
https://x.com/The_Lookout_N/status/1896850755849793889
I hope that when that guy from Ontario cuts the the electricity supply the cameras are there. I have been trying to imagine him smiling but just come up with a blank. Catching him smiling must bé worth billions and at least 40 years of photographic journalisme. 
Canada doesn’t allow American Banks to do business in Canada, but their banks flood the American Market. Oh, that seems fair to me, doesn’t it?
@Arminius …trump latest “truth”, can you please debunk the idiot. Ty in adv.
The thing to keep in mind about the tariffs is not just that it is dumb, but that Trump is incoherent about even what his own objectives are and articulates no broader strategy about how to make them work.
If he wanted to use them to reshore “manufacturing” then this is absolutely not a near term objective that can be achieved unless he believes there is a broad manufacturing base here already that can respond immediately to the opening for buying domestic made stuff. We’re talking about start up times of 10 years from proposal to producing for new factories so what is Trump’s strategy to manage that intervening period? What is his plan to reduce that timetable? Are we providing any incentives for the enormous capital investment required? - see the CHIPs act for how using tariffs like this is generally understood to require some additional policy to achieve this aim.
But the flip side is he also talks about tariffs as a negotiating tool that can be raised or removed based on him getting what he wants. How does he expect that perspective to impact his supposed plans to use them to reshore manufacturing? Who would commit a billion dollars in capital that you wont even start seeing a return on for the best part of 10 years for something volatile?
This question was raised by people several people during the campaign - tariffs are not themselves a problem. Every admin uses them to some degree. The problem is the lack of coherent and consistent strategy undergirding his use of them
This is what was advised to Norwegians by the German occupation authorities, and Nasjonal Samling (and also the parliament in exile and resistance), during the war years. There was a shortage on all such food items, there was rationing and particularly for those living in cities, it was rough (depending on what you compare it with, no one starved to death).
For people on the coast, they had it much better, since there is always fish.
But poultry was not something you could eat of course and everyone who could, had their own hen.
I can assure Americans that while some might find it romantic for a very short period in time, and perhaps, you even like having hen in the garden (many do), everything around it , is not so romantic.
But of course, I grew up with hen. I grew up feeding them and picking eggs.I liked it. But then again, it was not forced upon us and we also had an outhouse for them. For people living in a city, it is not so romantic really as it is for Norwegians having hen and their own eggs for hobby reasons. They don’t tend to have barns, those who live in cities and they tend to lack space…
https://x.com/RonFilipkowski/status/1896935824014680156
https://x.com/DenisonBarbs/status/1896702888979910894
https://x.com/outbreakupdates/status/1896928534561804396
American banks are allowed to operate in Canada, many do (Citibank, PNC, Comerica, JP Morgan all come to mind from Toronto and Vancouver offices I know of). Trump wrong, U.S. banks can operate in Canada, expert says
However, they have to follow Canadian banking law, which is rather more stringent than American banking law. In particular, consumer level banking is much more closely regulated, hence not having had a bank failure in over a century. As a result, Canadian banks find it fairly easy to enter the American market, while many US banks cannot be bother to chase a smaller market that would impose significant regulatory burdens.
Essentially, a Basel-compliant American bank can operate Canada without real difficulty.
Also, note that he is circumventing Congress’ role in tariff policy on the basis of a national fentanyl emergency.
https://x.com/1stFinFreecorps/status/1896939519091589205
Worth always remembering this. Ending the Ukraine war is principally up to Putin, not Trump. It is Putin who must be pressed to negotiate. Trump can ONLY end the war by enabling Russia’s Armed Forces to grind Ukraine into a position where they have to capitulate. The alternative, is stepping up aid to Ukraine, but of course, he does not seek an end to the war, but rapprochment with Russia.
I was listening to a guest on LCI and if I understood correctly his interprétation was. Tarifs are about recouperating what ‘belongs’ to you. In other words here the dollar. So the effect is to make the dollar a useless currency as capital (probably not what the USA wants but what will happen). The real effect though is the définition of a récession is the ‘money’ going back to those who own it. The idea would seem to be to create a world wide récession. Make the rich Richer and the poor poorer (as if that hasn’t been going on long enough already).
This of course is my interprétation of what was said. Makes sense to me and l feel it’s the Trump administrations real objective. Of course they won’t say this. It’s ultimate class war from the rich and those rural working classes in the USA (you know those that voted for Trump because you know a man in Manhattan puts liostick on) are going to feel the full wrath if it.
No idea if true, but consistent with a lot of DOGE idiocy so far. FEMA not on ground yet in SC, so that tracks.
I wonder how much they paid him for this…
Oh I’ve no doubt some people have certain short positions based on the US economy right now.
All going to plan. Only question I have is whether Trump understands it. I’m not convinced he does.
It actually occurs to me that I have a Canadian-domiciled US credit (bank) account, a Home Depot credit card.
Time to cut it.
