No. of Recommendations: 16
So Trump has decided that if the Fed doesn’t lower interest rates, he will impose embargoes.
Absolutely brilliant.
I mean, what could possibly go wrong by imposing embargoes besides;
-Decline in Trade: Import and export activities drop sharply, cutting off national income and foreign revenue.
-Industry Collapse: Factories and businesses fail due to a lack of raw materials, energy, and replacement parts.
-Inflation and Currency Loss: Shortages of goods and isolation push prices up while the national currency loses value.
-Living Standard Costs: Civilians face higher unemployment, shortages of basic food or medicine, and failing public infrastructure like electricity or water systems.
In these times of economic uncertainty, Americans are clamoring for imposing embargoes, having a new WH ballroom that looks like a French whore house, and a victory arch. Thank you Republicans for standing up for, well, nothing except rigging elections.
We have met the enemy, and he is us.