American Consequences - March 2018

Then there’s Trump’s “trade war”... With the recent exemptions for Canada and Mexico, the tariff’s main target becomes China. But due to an equally problematic Obama-era steel tariff, China doesn’t export much steel to the U.S. today. So the tariff is likely to hurt our trade allies more than its intended target. It’s also likely to trigger similarly political tariffs against U.S. exports. Did the Olympic Winter Games cool tensions with North Korea? As recently as last summer it appeared that we were inching closer to a military conflict – perhaps even nuclear. President Trump and North Korean leader Kim Jong Un hurled insults and exchanged threats. But now the tune appears to have changed... Last week, Trump agreed to be the first U.S. president to meet with a North Korean leader... a decision that surprised even South Korean officials at the time. And with Secretary of State Rex Tillerson’s recent firing, we’re not holding our breath for a brokered peace deal any time soon. Elsewhere, populist movements continue to make inroads into mainstream politics... About half of the voters in Italy’s parliamentary elections earlier this month cast their ballots for populist parties that were once considered fringe platforms. The anti-establishment “Five Star Movement” didn’t exist a decade ago... But it marched to a definitive victory with more than 30% of the nationwide vote, securing its position in the From trade wars to ground wars...

country’s political landscape. Other nationalist parties have risen around Europe... These movements aren’t going away and may eventually splinter the European Union. People feel disenchanted with the establishment and hopeless about their future. More folks are getting left behind. Younger voters can’t find jobs and older voters have seen a decline in living standards. They channel their blame into fear and distrust of governments and immigrants. As the divide grows between the “haves” and the “have-nots,” this civil unrest will spread. We’ve seen protests around the world getting increasingly violent. And it’s likely only a matter of time before we expect a Jubilee-like event to occur. has been warning readers about the exploding national debt for a while now... and he’s just finished what could become the most important book in America over the next few years. The American Jubilee explains much more about America’s biggest problem today... and what you MUST do to survive and prosper in the years to come. Read The American Jubilee . It will be the best $19 you ever spent. You can get your copy here. Something to read... American Consequences contributor Porter Stansberry

American Consequences 15

Made with FlippingBook - Online Brochure Maker