MAGA Success Angers Globalists

MAGA Success Angers Globalists

by Michael McCune 

Trump's campaign promise to "Make America Great Again" was dismissed a political rhetoric. But, 15 months after taking office, his MAGA effort is getting pummeled from the rest of the globe because they are seeing the actual results.

The effort to derail MAGA is taking on legendary proportions but is best seen when one considers the attackers of Trump's policy are not limited to the United States' anti-Trump coalition but is coming from almost every corner of the Earth.

The G20, IMF and OPEC are just three of the attack sources. Those three never had a single word of complaint against the U.S. of A. when globalist Barack Obama was in office but America changed more than just the leader's name last November, it changed the way the rest of the world must amend its policies if they want access to the largest consuming nation on the planet. None of them saw the effects coming.

Prior to Trump's campaign motto, the closest thing to a shock wave in the globalist community was when the United Kingdom voted to leave the Euro Union in Brexit. In looking at the global impact, Brexit was a fleabite compared to Trump's elephant stomp.

How much of an impact has MAGA had on the global community? Since last Friday there has been a steady stream of anti-Trump headlines in trade news reports.

"China May Renege of Deleveraging as Trade War Looms", "Trump's Revenge: U.S. Oil Floods Europe, Hurting Russia and OPEC", "Trump Admin Pushes Back Against IMF Trade Criticism" and "U.S. Fund Managers Brace for Trade War, Seek Pricing Power" are just examples of how quickly Trump's actions are hurting the globalist's position.

It is quite apparent the world made two mistakes. The first was it took the U.S. consumer for granted as constant that would always be there to spur their economies upwards. The second was following MSM headlines and dismissing Trump's campaign as all-talk and no-action as had become the American norm.

The first report above, on China, started out bluntly, "China's efforts to reduce its reliance on debt and find a more sustainable route to grow its economy may be derailed by the simmering trade dispute with the United States."

The report goes on to detail how some of China's most necessary economic goals--specifically gaining control of its' black shadow banking' system--have had to be abandoned because of Trump's MAGA policy. In the past week the Chinese have cut the amount of cash reserves required at banks, vowed to cut taxes and announced cuts in electricity charges.

Now most of these planning alterations "surprised financial markets" if you only follow MSM. The debt load problem is one the Rant has been pointing to for years while taking pains to detail the growing global debt problem.

The second report on U.S. Oil exports was revealing in new ways. It clearly demonstrated that the recently-breached U.S. policy of non-exporting any Continental U.S. oil has put the rest of the energy-producing reliant countries on alert. When OPEC-announced production cuts artificially drove the price of oil up (aiding OPEC, Russia and Europe's North Sea values), the altered U.S. policy neatly kicked the economic prop out from under those places.

That report stated, "the relatively high prices brought about by that [production cut] pact, coupled with surging U.S. output, are making it harder to sell Russian, Nigerian and other oil grades in Europe." It was noted in the first four months of this year U.S. Europe oil export capacity surged more than 400% to 6.8 million tonnes. 

The third report showed how the litany of complaints against the aggressive Trump reversals in U.S. trade policy has grown exponentially in the past month.

The G-20, while wrapping up another meeting, was almost unanimous in blaming the Trump-China trade war (please notice how one man's verbal assault on a foreign nation is equated as a war) for forcing it to try and find a way to coordinate other economic policy efforts to preserve "the strongest economic expansion since the 2008 recession."

Since the Federal Reserve seems to be alone in raising interest rates, the inflation-fighting policy tactics noted by the G-20 had to be directed at the U.S. alone. Therefore when the Trump Administration singled out the IMF to do more to combat unfair global trade practices, the negative feedback from the G-20 meeting was understandable. The rest of the world can not abide having Trump's MAGA policy actually succeed..

It was interesting to note most of the negative spokespeople were from lower-status G-20 members like Brazil and Argentina but that many Euro Union reps also joined the chorus of boos for the U.S. delegation's openly-stated objective of "free and fair and reciprocal trade."

Finally the report on the U.S. stock fund managers' efforts to find companies that can easily pass on higher costs to their customers demonstrated the fear of inflation are a reality. These managers are focusing on investments in companies that have "dominant niches or intellectual property" that will allow them to grow even during a time of rising costs.

The problem there is that is one area the Trump Administration has been most vocal about protecting so the investment gurus know the Trump policy is working, unlike past Administrations who placed political expediency ahead of business sense.

Trump's MAGA policy may not be making MSM headlines here in America but he sure has gotten the rest of the world's attention simply because if he is successful, they will be pushed back to the brink of early 20th Century economies.

"I have sworn on the altar of God eternal hostility to every form of tyranny over the mind of man."--Thomas Jefferson