Does anyone really believe that President Trump wants to
crash the stock market? Or is the goal to benefit consumers, benefit citizens,
and relieve some of the monetary laughing gas that has made the entire middle
class much worse off? Let's talk about all of this because it's time to buy,
it's time to invest, or it's time to panic. Let's analyze it.
In an article I published in the United States, in Zero Age,
I explained that when these Keynesian economists tell you that a disaster is
coming, that it's time to buy, and when these Keynesian economists tell you
that the economy is doing great, like the Champions League of the economy, that
there's no risk, etc., that's when you should run. Let's look at some factors;
I think the message is pretty clear at this point.
If you want to come to the table and negotiate the future of
trade with the United States, then I think the president and his team are
definitely open to doing that. But if you want to retaliate against Saber
Rattle, then the president is more than willing to continue down the path of
tariff policy. Donald Trump explains it perfectly.
The system has worked for 30-40 years, allowing the United
States to receive cheaper products, more quality products, and that benefited
everyone. When did it start to get worse? When inflation, government spending,
the constant creation of barriers to global trade, etc., went off track, when
it began to destroy the United States' position and protect or raise barriers
to the position of other countries, that is, the United States stopped
benefiting from cheaper products, the United States stopped benefiting from a trading
system that has sunk its industrial sector and, at the same time, worsened its
position, not to mention the second derivative, in which many countries have
used those dollars to destroy the United States' position. Another element that
seems important to me. Indeed, Bloomberg reports that there are more than 70
countries willing to negotiate and reach agreements that are positive for
everyone regarding tariffs.
When Keynesians predict disaster, it's time to buy. I always
like it when I see a market correction and then the entire Keynesian consensus
appears, predicting disaster. The same people who said that massively
increasing the amount of money and increasing government spending wouldn't
create inflation now know perfectly well the impact of tariffs on inflation.
What's going on? What we have is a whole chain of worries on
the part of some economists. What they've always done is err on the side of
governments: More government spending. More debt. More money printing. Central
banks creating an economy that has destroyed the middle class. /D. LACALLE
