Tariffs & the Coming Economic Collapse
Peter Schiff & Glenn Diesen
I spoke with Peter Schiff about Trump’s tariffs on the world and the likely consequences. Schiff is a financial commentator & CEO of Euro Pacific Asset Management, an author, and former economic advisor to presidential candidate Ron Paul. What will be the consequences of the tariffs? Schiff argues that US industries are not prepared to replace the imports, and there will be great disruptions to trade and inflation will increase. Will the US economy crash, and will the dollar be destroyed?
If there's any economic collapse, it will be the final result of socioeconomic policies instigated by woke leftism. Here's the bottom line: A society can have equality or quality, but it can't have both.
The concept of equality should never be used for personal or societal interrelationships. For at least 200 years, such attempts have been causing nothing but misery and destruction. When applied to people, equality is an evil lie. Instead, a well functioning society should be concerned with reciprocity, mobility, meritocracy, consistency, accessibility, subsidiarity, and complementarity.
Words have implicit contexts. You don't use the word 'sexy' when talking about farm animals. In the same way, you shouldn't use the word 'equality' when talking about people. Equality is a theoretical concept that has meaning only in the context of math and physics. But today we have people that deliberately misuse words by shifting their effective context, especially 'equality'. These people are woke leftists, and all of them are insane. If you believe equality is morality, then you're insane, too, and you can blame the current societal dystopia and coming collapse on your own mistaken beliefs, all of which have consequences.
There will be no economic collapse, there will be a long awaited correction and a definancialization of the economy, long overdue.