In These New Times

A new paradigm for a post-imperial world

Donald Trump’s “Madness”

Posted by seumasach on June 19, 2018

Trump appears intent on undermining the whole US-led post-war, or rather post-1971, order. Here Hugo Salinas Price shows that the ever-growing US trade deficit is a necessary component of that order. It feeds US government spending and ensures the flow of dollar into the global system. Logically, the US must move from being the consumer of last resort to being once again a productive economy, another professed Trump goal.

Hugo Salinas Price

14th June, 2018

Way back in 1995, when Mexico was in the throes of another financial crisis, I figured out the problem of the existing world’s monetary system, based on the paper dollar as the fundamental currency of the world.

Read more

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: