The beginning of the war between the globalists FRS and Trump

2024 Author: Seth Attwood | [email protected]. Last modified: 2023-12-16 15:55

Fed Chairman Jerome Powell announced an increase in the base interest rate by 0.25 percentage points from July 13, 2018 (from 1.5-1.75 to 1.75-2% per annum). It would seem that this is quite a bit, but some analysts have already started talking about the beginning of a large open war in America between globalists and Trump.

There are indeed grounds for such conclusions. To say that Trump is unhappy with the Fed's decision is to say nothing. “Every time we develop, they raise the rate again. I'm not very happy with that.”This is perhaps one of his softest tweets.

However, in terms of explaining the essence of analysts everywhere go into some distant empyrean, speaking in very impressive, but far from real life words. In reality, everything is much simpler. Moreover, this war did not start with Jerome Powell's statement two weeks ago. Its first volleys were fired over ten years ago.

In its political structure, the American state is decisively different from all others. Behind a seemingly universal external democratic model (territorial division, administrations, political parties, separation of powers, etc.) there was from the very beginning the fusion of big business with power to a degree that was many times superior to any other country. Moreover, the transition from public service to private companies and vice versa was traditionally in the order of things, as well as completely legal lobbying by private companies of their interests in ways that are punishable throughout the rest of the world. From here, by the way, today the almost forgotten "what is good for General Motors is good for America" came from here.

This system has two advantages and one major disadvantage. First, the state did not interfere with business inside the country, thereby contributing to its active growth. This means an increase in general welfare, a decrease in unemployment, an increase in tax revenues, which resulted in the triumph of the American Dream in the 50-70s of the last century. Second, the state effectively protected the interests of American business in foreign markets, while also helping to increase the income of both business and the state.

But the price for everything was the increasing manipulation of private traders by the state in their own interests. The coup in Chile in 1973 was carried out by the CIA, but the idea came up and drew up a plan, and also allocated money to the United Fruit Company, whose interests were threatened by the president-elect of Chile, Salvador Allende.

And that was just the beginning. In fact, globalism began back in the 70s, when American business became cramped within national borders, and it began to try to "master foreign markets." The situation was accelerated by the 1973 oil crisis, which effectively made the dollar the world's main currency. When they talk about the Bretton Woods system, this is not entirely correct. It only created the conditions for American financial expansion, but they managed to take advantage of them only after a sharp rise in oil prices in 1973.

It was from this moment that the formation of the basic contradiction began, which ultimately led the world to the current war. Until the fatal milestone, all business remained primarily American. Of course, upstarts like John Rockefeller have happened before, but "society" quickly brought them "to the standard form." With all the political risks, maintaining the visibility of the state as the main arbiter standing over society and business at that time was beneficial to everyone, including the largest players who made good money on government orders. But they did not play the main role, since the share of government spending formed less than 5% of GDP.

Everything changed after the main share (over 70%) of the American market (in money) began to form only less than 700 corporations out of about 8,000 actively operating in the United States. Moreover, about two hundred of them, more than 60% of their income and up to 80% of their profits today are received outside the United States. Starting from the mid-2000s, the state, as an institution, began to directly interfere with them.

With a combined annual income of 1.57 trillion. dollars or about 53% of the revenues of the US federal budget, they have accumulated more than 16 trillion dollars in offshore accounts to date. "retained earnings", thereby far surpassing the state in terms of the amount of controlled resources. After all, they do not need to pay pensions and all kinds of social benefits, which make up 77% of the expenditure side of America's state budget.

If you place the soldiers on the map, then these two hundred transnational corporations have declared war on the American state, because, in fact, they themselves have ceased to be American long ago. Against them, for the preservation of the institution of the state, there is a line of shooters from the remaining 500 US corporations, whose business is much smaller in scale and therefore more needs the protection of the state. On the flanks and a little in the rear, they are assisted by the "militia" of the other 8,000 "small" American corporate businesses.

At first, until about 2014, the offensive of the globalists developed successfully. Immediately in three directions. First, they penetrated very deeply into the state institutions of America, being able to easily pass off their interests as national ones. Even when it directly led to the destruction of the state as a general social mechanism.

Second, masquerading as the United States as a state, they quite effectively destroyed the existing system of international security, not without success replacing the UN with a G7 / G20 summit plus NATO instead of blue helmets.

Thirdly, the apogee of the offensive was an attempt at economic colonization of Europe and the Pacific countries through the signing of investment partnership agreements, according to which TNCs were legally and formally equal in rights with the state as an institution. Relatively speaking, after "entering the Arkhangelsk-Astrakhan line," the official refusal to pay taxes, which actually ruined the state, remained only a matter of technology.

But war is very expensive. To conduct it, the globalists needed a lot of money to buy foreign assets and a powerful flow of investments required to seduce the ruling elites and business representatives of foreign countries. Therefore, the Fed made the dollar "free", eventually dropping the discount rate to 0.25% per annum by December 2008. When they say that the US national debt from 9, 9 trillion. dollars (2008) jumped to 21 trillion. (2018), then these 11 trillion. additional borrowing is precisely the price already paid for the war.

But if for TNK this money was "a plus", then they began to ruin the opposite flank. Although the budget's contribution to the formation of US GDP reached 36%, most of this money went to TNCs. There was no longer any money left for updating the infrastructure, for local businesses, for science. Moreover, the purchasing power of the population, which is credited by 120% of their income, began to decline. Most importantly, the near-zero yield on Treasuries has effectively ruined the American pension system.

Realizing that there is nowhere to retreat, behind only a cemetery, these five hundred "American" corporations "plus the militia" took advantage of the high-profile failure of TNCs in the "partnership" negotiations and managed to bring "their own man" to the White House instead of a candidate in the 2017 elections Hillary Clinton, nominated by the globalists.

Trump's slogan "Let's make America great again" is in fact a strategy of strangling TNK in the style of defeating John Rockefeller's Standard Oil. Its key tool is protective customs duties and … all the same cheap dollar needed to offset the costs of transferring production from abroad home. Everything else, like tax breaks, is an auxiliary matter.

In addition, Trump gracefully takes advantage of the increased pressure on TNCs from the tax authorities of foreign countries. Demonstratively not reacting to how they dispossess TNCs. For example, Google has 40% 10-year profits. Thereby, hinting that “it’s time to go home after all,” otherwise the foreigners will “tear you down” completely. Or, as Vladimir Putin said on the same topic to Russian businessmen, “you will be tortured to swallow dust.”

But these "200 Spartans" have figured out how to hit Trump and his team back. The United States actually found itself in an unstable equilibrium. The strategically much needed "cheap" dollar is killing the pension system and the entire social part of the American state. But the "expensive" dollar is no less destructive for her. An increase in the discount rate will save pensioners, but it will stop the inflow of foreign capital and will definitely deprive the point of trying to transfer production to the United States. With an expensive dollar and high state established minimum labor prices, product prices are losing competitiveness.

Thus, by raising the rate for the second time during the year, and announcing at least two, and possibly three more increases, allegedly "in order to save the economy from inflation, and retirees from ruin," the globalists dealt a powerful blow to the entire strategy of "Trumponomics", predetermining the crisis of the state mechanism already in the medium term. Everyone is too used to solving problems through loans. Government spending, with tax revenues of 800-900 billion, exceed 1.5 trillion. and no one is going to concede in their budgets.

As a result, the crisis of public administration, at all levels, from local, to individual states and federal, becomes only a matter of time. The ruining state will be forced to somehow "negotiate" with TNCs. Most likely, on about the same terms as John Landless, who signed the Charter of Liberties in Britain, at one time. Thus, the globalists have a very far from zero chance to significantly expand their rights in equating them with the level of the state as a public institution.

Time will tell what will come of it. But that the battle is going to be difficult is unambiguous. And whoever wins there, America, as a state, will lose in any case. Since Trump is not for or against America, he is only one side in a great competitive war of some corporations against others. The US itself is simply a battlefield here.