Tariffs were pitched as the fix for America’s trade deficit.
Instead…
Last 18 Months: –$1.80 trillion deficit in Goods.
18 Months Prior: –$1.74 trillion deficit in Goods.
The deficit didn’t shrink. It increased 4%.
BREAKING: Iran sent a private message to JD Vance during Switzerland talks, warning that Jared Kushner and Steve Witkoff were "abusing" negotiations — more interested in profiting from insider knowledge than reaching a deal, per Drop Site News.
Iran calculated $9 billion in profits from market manipulation by "individuals close to Trump" — and formally requested $4.5 billion of that sum be allocated to Iran through intermediaries. The Iranian official added: "The exchanged texts will ultimately become part of the historical record."
Iran also raised concerns that Kushner and Witkoff "talk almost every day to Netanyahu" and the Mossad chief — feeding Israeli intelligence with inside information from the negotiations.
The Trump administration denies the claims. Iran says the evidence will be made public. If confirmed, this is one of the most significant financial scandals in modern diplomacy.
@Zeronelite Pointing to Argentina as an example of free market capitalism is good rage bait. Next you should point to china as an example of communism’s success.
@PaulSkallas@RonDeSantis Direct democracy is not the answer. Culture and economic division play a huge role in whether direct democracy can function. For example, a country of renters like Germany would have voted for rent controls, although the consequences of it are disastrous time and time again.
@realArmo@EuroWynner Good luck decoupling with that huge trade deficit and foreign held US debt. Decoupling would mean losing your reserve currency status, meaning your greatest weapon.