Chasing that old dragon down
Madam Wong'sWe play the blues with the curtains drawnSidewalks of whiteWhile the L.A. sun beat out the nightPounding brainMy last transmission down the drain ( John Hiatt)this has sure felt like a spin on the Cyclone.... a roller coaster ride for the ages.....i have spent all my sideline money.....i'm all in on equities...and i am confident...ride the wave......don't sell......this summer will be a rocket ship straight up...
Captain Chaos may have pulled off his biggest victory...... while the media was losing their minds over what they perceived as a switch in policy or even Trump caving....the truth was far from that.
I too wondered why the Donn put Tariffs on Everybody....at first i too couldn't rationalize why he was tariffing goods from countries that we barely trade with or countries that have been our friends......and then i caught an interview with Jamie Dimon on Maria and it was like a lightning strike.
Mr. Dimon said what we all know....Tariffs HAD to be implemented , and the time was Now.....we could not sustain for much longer on our current path of increasing debt and widening trade gaps........he also said that the tariffs , if implemented correctly; would accomplish two things.......weaken China , BUT also strengthen our friends........and that's when it Hit me..........who are our Friends ?? Let's find out.
And so by casting the widest net......one big enough to encapsulate the entire free world (and some commies) we would be given the chance to SEE how everyone reacts in crisis.......talk is cheap.....anyone can vow to stand with you....but let's drop the gauntlet and see who really does.
In the 72 hours that followed many countries in Europe and the Pacific were approached by China in an offer to form an alliance against US trade.......those that sided with China have exposed themselves for what they are....fair weather acquaintances .......and more importantly the likes of Australia and others told China to Fuk off........have demonstrated that they are true Allies....that is a friend.
And so as China further isolates itself from the world.....the USA has learnt a great deal about the rest of the world......Canada is a lil bitch that will eventually get bitch slapped.....but Japan and India accepted the tariffs as part of doing business and wish to reach deals with the USA....they did not waiver, they did not cry, they did not increase their already high tariffs......you can watch golf all day......you can read a library's worth of books on how to play golf........but until you have to put your BEEER down and hit that Driver .....you can't say that you can play golf........and now we know who can and will play.......and who just dresses like Tiger and never leaves the clubhouse.....
2+3=BEEER
When the master of disasterGets tangled in his TelecasterHe can't play it any fasterWhen he plays the bluesWhen he had the heart to ask herAnd every note just shook the plasterNow he's just a mean old bastardWhen he plays the bluesNow he's just a mean old bastardWhen he plays the blues
1 comment:
Once again, great insights, Tom.
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