

Deep recession in collective west and tariff wars
10 snips Mar 19, 2025
The discussion dives into the misleading nature of economic growth in the West, highlighting severe vulnerabilities in Europe, especially Germany's industrial decline. Tariff wars are critiqued as ineffective responses to deeper economic issues. Attention shifts to Europe's massive defense spending, raising alarms reminiscent of 1930s turmoil. The contrast between Russia's economic resilience and Britain's fragility is stark, showcasing grasping global tensions and vulnerabilities in the welfare system. A thought-provoking exploration of re-industrialization prospects injects hope amidst economic strife.
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Recession and Tariff Wars
- The collective West, including the US and UK, faces a potential recession deepened by tariff wars.
- These wars resemble those of the 1930s, arising from economic instability rather than causing it.
Biden's Economic Policies
- Biden's economic policies, including excessive money infusion and the economic war with Russia, fueled inflation and masked a recession.
- Trump's attempts to control fiscal emissions are now revealing this underlying recession.
Germany's Spending Spree
- Germany's ambitious spending on defense and infrastructure resembles Biden's inflationary policies.
- This approach, coupled with tariff wars, may worsen Europe's economic situation, mirroring the US experience.