Singapore PM chilling warning regarding Trumps reckless actions

[Jetboogieman]

Trumpists of course are completely and totally blind to the dangers of what they are doing.

Singapore is an incredibly well run country and for them to say such chilling things…

Is unbelievable.

Hes 100% right.

 

[Allan]

Carney has made many of the same points.

Like Carney, Prime Minister Wong is an economist.

 

[Minerva]

He spells it out pretty well.

 

[Mycroft]

Trumpists of course are completely and totally blind to the dangers of what they are doing.

Singapore is an incredibly well run country and for them to say such chilling things…

Is unbelievable.

Hes 100% right.

shrug...

It's fine that he would rather rely on the WTO. But the Globalists control the WTO. His country is small enough that the Globalists don't care about Singapore, but the same cannot be said about the US.

Bottom line is that Trump MUST pay attention to what's best for the US...not what's best for Singapore.

 

[Jetboogieman]

shrug...

It's fine that he would rather rely on the WTO. But the Globalists control the WTO. His country is small enough that the Globalists don't care about Singapore, but the same cannot be said about the US.

Bottom line is that Trump MUST pay attention to what's best for the US...not what's best for Singapore.

Usual stupid shit from you.

You don’t understand what he’s saying.

 

[Mr Person]

shrug...

It's fine that he would rather rely on the WTO. But the Globalists control the WTO. His country is small enough that the Globalists don't care about Singapore, but the same cannot be said about the US.

Bottom line is that Trump MUST pay attention to what's best for the US...not what's best for Singapore.

I do not believe you are looking out for America's best interests.

American MAGA, being complete ****ing evil morons, think they are. But you...I think you know you're not.




From the standpoint of American power and its future, your posts are poison. From the perspective of Putin and Xi, they are wonderful posts..... if only Americans believe them.

 

[marduc]

Trumpists of course are completely and totally blind to the dangers of what they are doing.

Singapore is an incredibly well run country and for them to say such chilling things…

Is unbelievable.

Hes 100% right.

"We will strengthen our network of partnerships with like minded countries"

That says it all.

 

[multivita-man]

Trumpists of course are completely and totally blind to the dangers of what they are doing.

Singapore is an incredibly well run country and for them to say such chilling things…

Is unbelievable.

Hes 100% right.

Right now, even among liberal democratic nations, China has more credibility than the United States. They are regarded as a more stable nation than the United States, and this is among nations who have no illusions or misconceptions about the risks China poses in its own right.

 

[Serenity]

"We will strengthen our network of partnerships with like minded countries"

That says it all.

 

[multivita-man]

I don't think the average American, whether they went to the polls with their stupid-ass red hat on or just stayed the **** home and watched Netflix, has any idea how badly we've damaged our brand in just the last month alone.

 

[dmpi]

WTO is a system that worked for everyone except the good'ol USA. Of course they want to keep the system going. Free trade never was free trade. Other countries cashed in on the mighty America consumer and his/her propensity to use debt to fund their lifestyles. We have a trillion dollar trade deficit and 12 trillion dollars of consumer debt to show for it. Clearly it's not sustainable. What needs to happen is America needs to once again become a exporter nation, we need to rebuild middle class manufacturing jobs, instead of sending dollars overseas other countries should be buying our products in return for us buying theirs. It's going to be a uphill battle to get there but you got to start somewhere. This is the first step.

 

[Jetboogieman]

WTO is a system that worked for everyone except the good'ol USA. Of course they want to keep the system going. Free trade never was free trade. Other countries cashed in on the mighty America consumer and his/her propensity to use debt to fund their lifestyles. We have a trillion dollar trade deficit and 12 trillion dollars of consumer debt to show for it. Clearly it's not sustainable. What needs to happen is America needs to once again become a exporter nation, we need to rebuild middle class manufacturing jobs, instead of sending dollars overseas other countries should be buying our products in return for us buying theirs. It's going to be a uphill battle to get there but you got to start somewhere. This is the first step.

Even if we accept this narrow minded nonsense as true.

What Trump is doing will not address any of what you are talking about.

And in the meantime it sets up a more dangerous, unstable and less prosperous world for EVERYONE.

 

[Old 'N Chill]

Trumpists of course are completely and totally blind to the dangers of what they are doing.

Singapore is an incredibly well run country and for them to say such chilling things…

Is unbelievable.

Hes 100% right.

Thank you for posting that, although the possibility and reality is chilling, it's comforting to hear someone who is speaking with intelligence and reason. Something which is greatly lacking in what used to be known as the United States of America, now it seems to be an isolated foreign hellhole.

 

[Jetboogieman]

Thank you for posting that, although the possibility and reality is chilling, it's comforting to hear someone who is speaking with intelligence and reason. Something which is greatly lacking in what used to be known as the United States of America, now it seems to be an isolated foreign hellhole.

I think the thing that makes it so chilling is the fact it’s delivered so calmly and so conscisely.

These words mean, that nations are giving serious thought to a post-US global order because it is a REAL possibility.

Trumpists do not comprehend, they do not understand the damage they are doing, they just aren’t smart enough and I don’t think they ever will be, they are not capable of ever getting there.

Nations will not forget this, you can’t take something like this back.

America is being run by dangerous clowns and it will get the results of that.

 

[Evilroddy]

Build a world trading system without the USA at its centre. America is powerful and rich, yes. But when Mr. Trump is finished with it, it will be much poorer and internally divided than it was a decade ago. We will all suffer for that absence but that doesn't mean we should not try to salvage a rules-based global trading system from the vacuum of US leadership which Trump has accelerated. Furthermore we should avoid trading with the USA when other reasonably economic trading options are available, even if that marginally lowers our own standards of living as a long-term reminder of how would-be imperial hubris has costs for generations.

I say Canada should host the "G-not 7" (and not Russia) this fall for liberal-democratic countries across the globe which are interested in salvaging a free and fair trade global system and give preferential consideration to member states over non-member states and G-7 countries. Non-liberal states will not be welcome until they really change their approaches to illiberal rule and trade.

Cheers and be safe.
Evilroddy.

 

[dseag2]

shrug...

It's fine that he would rather rely on the WTO. But the Globalists control the WTO. His country is small enough that the Globalists don't care about Singapore, but the same cannot be said about the US.

Bottom line is that Trump MUST pay attention to what's best for the US...not what's best for Singapore.

Do you have any idea how much money goes through Singapore? What a stupid statement.

Singapore, a major global trade and financial hub, handles a massive volume of international trade, with over US$964.5 billion in total import-export volume in 2023.

 

[Jetboogieman]

Build a world trading system without the USA at its centre.

I think this ignores that, that trading system is held together at the end of the day, by the stability of the US and the might of its military.

We cannot be blind to the harsh reality, it’s not as simple as saying okay, we’re gonna do this without the US, what the US, setup, was a rules based global order that meant that instead of just taking your neighbors oil, you paid for it and everyone benefited.

What the Singapore PM is saying, is once that collapses, regional conflict over resources becomes more likely, that could become global.

The EU, Canada, Australia, New Zealand, Japan, Korea as an example, have nowhere near the ability to fill that role combined and our interests won’t necessarily align that we will, Trump makes that incredibly difficult.

So, we’ll see, unless congress gets so much pressure from constituents that they remove that power and stop the President from doing these things, the world will have to navigate these extremely treacherous waters and as the PM said…

“The risks are real and the stakes are high”.

 

[Evilroddy]

WTO is a system that worked for everyone except the good'ol USA. Of course they want to keep the system going. Free trade never was free trade. Other countries cashed in on the mighty America consumer and his/her propensity to use debt to fund their lifestyles. We have a trillion dollar trade deficit and 12 trillion dollars of consumer debt to show for it. Clearly it's not sustainable. What needs to happen is America needs to once again become a exporter nation, we need to rebuild middle class manufacturing jobs, instead of sending dollars overseas other countries should be buying our products in return for us buying theirs. It's going to be a uphill battle to get there but you got to start somewhere. This is the first step.

dmpl:

I suspect that your understanding of international trade is at best rudimentary. There is a reason that other countries cannot buy American exports at the level that the US buys foreign imports. The US receives huge amounts of capital in-flows which other nations do not have access to. These flows of profits from American-owned transnational corporations, financial institutions' fees, service fees, licencing fees, intellectual property rents, technology up-grade fees, entertainment copyright payments, etc. make it possible for American businesses and consumers to buy far more imports than American businesses can export. You Americans (at least as an aggregate are awash in foreign capital flows which are for the most part denied to all but the most powerful other countries around the globe.

It is those capital in-flows which are vulnerable to foreign state interdiction and taxation. As MR. Trump's behaviour worsens, and he does more damage to the global economy, foreign states will move to tax and interdict those in-flows and that will really hurt the US economy far more than a goods trade deficit has ever done. When that starts, the Singapore PM's worries will become realized and hot trade wars fought with weapons will begin.

Learn more before posting more, perhaps?

Be well and be safe.
Evilroddy.

 

[maxparrish]

Trumpists of course are completely and totally blind to the dangers of what they are doing.

Singapore is an incredibly well run country and for them to say such chilling things…

Is unbelievable.

Hes 100% right.

Good God, why can't we have a President like that rather than Trump (or Biden). Someone smart, articulate, and knowledgeable.

 

[Evilroddy]

I think this ignores that, that trading system is held together at the end of the day, by the stability of the US and the might of its military.

We cannot be blind to the harsh reality, it’s not as simple as saying okay, we’re gonna do this without the US, what the US, setup, was a rules based global order that meant that instead of just taking your neighbors oil, you paid for it and everyone benefited.

What the Singapore PM is saying, is once that collapses, regional conflict over resources becomes more likely, that could become global.

The EU, Canada, Australia, New Zealand, Japan, Korea as an example, have nowhere near the ability to fill that role combined and our interests won’t necessarily align that we will, Trump makes that incredibly difficult.

So, we’ll see, unless congress gets so much pressure from constituents that they remove that power and stop the President from doing these things, the world will have to navigate these extremely treacherous waters and as the PM said…

“The risks are real and the stakes are high”.

jetboogieman:

There is another possibility and not a pleasant one by any stretch of the imagination. That is that the US Federal state collapses and fragments by balkanization in the wake of a global trade meltdown at the same time as a global uprising against US Military and Economic hegemony occurs by states and blocs opposed to the US domination which challenge its power everywhere and do so simultaneously. In that case there might be some opportunities to trade and grow while the super powers weaken each other in a global turf war and can no longer police the oceans and seas. All it takes is the sinking of between ten and 14 carrier groups by the warring titans while the rest of the world's countries watch and build the means to protect themselves during and after this trade-breakdown triggered bloodbath. The aftermath might open opportunities.

We can but try to rebuild a rules-based trade system and figure out along the way how to keep the sea-wolves at bay. To do nothing is to consign our countries to imperial servitude and ruthless exploitation.

Be well and be safe.
Evilroddy.

 

[dmpi]

dmpl:

I suspect that your understanding of international trade is at best rudimentary. There is a reason that other countries cannot buy American exports at the level that the US buys foreign imports. The US receives huge amounts of capital in-flows which other nations do not have access to. These flows of profits from American-owned transnational corporations, financial institutions' fees, service fees, licencing fees, intellectual property rents, technology up-grade fees, entertainment copyright payments, etc. make it possible for American businesses and consumers to buy far more imports than American businesses can export. You Americans (at least as an aggregate are awash in foreign capital flows which are for the most part denied to all but the most powerful other countries around the globe.

It is those capital in-flows which are vulnerable to foreign state interdiction and taxation. As MR. Trump's behaviour worsens, and he does more damage to the global economy, foreign states will move to tax and interdict those in-flows and that will really hurt the US economy far more than a goods trade deficit has ever done. When that starts, the Singapore PM's worries will become realized and hot trade wars fought with weapons will begin.

Learn more before posting more, perhaps?

Be well and be safe.
Evilroddy.

Relative GDP size should have nothing to do with trade balance. Counties with a small GDP size should also have a small amounts of exports regardless of how many consumers America has. That should be the limiting factor.

 

[Allan]

Relative GDP size should have nothing to do with trade balance. Counties with a small GDP size should also have a small amounts of exports regardless of how many consumers America has. That should be the limiting factor.

Take Roddy's advice. Your posts are looking foolish.

 

[ElChupacabra]

Trumpists of course are completely and totally blind to the dangers of what they are doing.

Singapore is an incredibly well run country and for them to say such chilling things…

Is unbelievable.

Hes 100% right.

He is correct, and what I hope comes out of it is a new rules based order built off the old one, but with nations interested in the stability that brings. I said it at the beginning of this tariff fiasco that now is the time for other nations and economic blocs to form an alternative structure that aligns likeminded nations to aid in their own growth. The time of the US as a stable ally and partner are fading away, and mainly because of the current leadership. Regardless of the results of the 2028 election, it's time other nations to start thinking post US as a means of defending their own interests in the face of this kind of instability.

 

[marduc]

Relative GDP size should have nothing to do with trade balance. Counties with a small GDP size should also have a small amounts of exports regardless of how many consumers America has. That should be the limiting factor.

Diamonds.. Lesotho. Imbalance because a tiny country produces a commodity in high demand.. now tariffed at 50%

What goods will we send their 2.3 million people in a land locked country with a mostly subsistence based economy that would offset the 300 million in a luxury good that they export to the US annually?

I will reiterate the above poster: take Roddy's advice

 

[What if...?]

WTO is a system that worked for everyone except the good'ol USA. Of course they want to keep the system going. Free trade never was free trade. Other countries cashed in on the mighty America consumer and his/her propensity to use debt to fund their lifestyles. We have a trillion dollar trade deficit and 12 trillion dollars of consumer debt to show for it. Clearly it's not sustainable. What needs to happen is America needs to once again become a exporter nation, we need to rebuild middle class manufacturing jobs, instead of sending dollars overseas other countries should be buying our products in return for us buying theirs. It's going to be an uphill battle to get there but you got to start somewhere. This is the first step.

The billionaires sent our jobs overseas in the name of profit.

What the hell makes you think our billionaires want to pay Americans what it would cost for us to pay our landlords. Hell, they are landlords now for many of us. They are buying up all the entry level homes and turning them into rentals. So they can collect a third of our incomes from work and then the same amount when we retire. No capital for the working class. No capital to leave to heirs.

They might bring manufacturing back. But we’ll work for what they work for or else. That’s what they’re gonna need to do for any American billionaires to compete with the billionaires that enjoy authoritarian controls to keep their citizens on the job with their mouths shut and take what they get or else.

Welcome to 21st century dystopia.

Thanks MAGA assholes. Hope it really sucks for y’all, so at least I can point and laugh because you did it to yourselves.