Authored by Bill Bonner via Bonner & Partners,

President Trump escalated the trade war this week, making a kamikaze attack on a vast armada of Chinese imports – $200 billion in total – headed for California.

The Chinese say they will retaliate.

Phony Wars

Last month, we opined that the trade war wouldn’t go any better than Vietnam… or Iraq… or any of the feds’ other phony wars – against drugs, poverty, or terrorists.

It will be expensive, futile… and perhaps disastrous.

But that doesn’t mean it won’t be popular. Wars give the spectators something to live for – us versus them… good guys against bad guys… winners versus losers.

Their hat size swells as their champion wallops the Chinese. Their girth shrinks as he challenges and taunts the Canadians. Their manhood grows when the enemy gives in and admits defeat.

But while this puerile entertainment is taking place in the arena, the real action is going on in the expensive skyboxes, where the elite collude against the fans.

Wars shift resources from the boring and productive win-win deals in the private sector to the magnificently absurd win-lose deals of the feds and their cronies. The only real winner is the Deep State.

Weatherman David

We saw our colleague, former U.S. budget chief under President Reagan, David Stockman, on TV this week. The interview was painful to watch.

He was bravely trying to explain the trade deficit and why it was caused by monetary policy, not by trade ramparts that were too low.

But the young, know-it-all newscasters were such numbskulls – so lacking in any experience, theory, or historical perspective – he might as well have been instructing a walrus on how to chew gum. The lesson was in vain.

The three TV experts saw no problem with the trade deficit… and no danger approaching from Trump’s war on it.

If there were any clouds on the horizon, they didn’t see them; if there was any thunder, they didn’t hear it; whether lightning was striking the light posts near them or not, they had no idea. They wouldn’t even look out the window.

Instead, they seemed eager to get Weatherman David out of the studio so they could go back to their bubble chatter.

They were so confident… so vain… and so dismissive of all risk…

…we thought we heard a bell ringing.

Bubbleheads

The bell, of course, was the one they don’t ring just before the market collapses. They don’t ring it because they are all sure that nothing could go wrong. And there hasn’t been any real trouble for so long that they’ve forgotten where they put it.

Trade deficits have been growing ever since the U.S. went off the gold standard in 1971 (while tariffs have been going down!).

The stock market has been going up (with only three significant slips… in 1987, 2000, and 2008) since 1982.

The bond market, too, has been rising since 1980 (though it probably topped out two years ago).

The current GDP expansion has been going on since 2009 – and is now the second-longest expansion in history.

And the USA has been a going concern, growing in power and wealth since 1781, when the French beat the English at Yorktown, Virginia and thereby rescued the American Revolution.

All of these trends – except the current economic expansion – are older than any of the three bubbleheads David confronted on CNBC. David had to give them a “heads up” on trends: “They go on until they stop,” he warned.

Market Gods

We could practically hear the cackling of the market gods as the twits on TV assured David that nothing could go wrong:

“Oh yeah?”

Will the economy suddenly tip into recession? Will the stock market crash? Will the bond market sink?

Yes… most likely… all of those things will happen.

But what will set them off? What trick will the gods play? What trap will they set? What surprise have they got waiting for us?

We don’t know. But the trade war gives them more to work with.

Tariffs on lumber coming from the evil Canadians are adding about $9,000 to the cost of a new house, according to the National Association of Home Builders.

Washing machine prices have jumped some 15% this year, the fastest increase ever recorded by the Bureau of Labor Statistics.

As for auto prices, CBS News reports:

Consumers may see an average price increase of $5,800 if a 25 percent import tariff that Mr. Trump has threatened goes into effect, according to estimates cited by the Alliance of Automobile Manufacturers (AAM), a lobbying group for carmakers.

That’s a “$45 billion tax on consumers,” the group said, citing an analysis of Commerce Department data.

Automotive news website AutoWise says the top 10 best-selling automobiles will see price increases from $1,000 to $3,600.

Farmers are getting hit hard, too.

The American Farm Bureau says it expects farm incomes to drop to a 12-year low this year, largely because of the trade war.

An agricultural economist at Purdue University, Christopher Hurt, added that 1,000 acres of corn and soybeans would have made a farmer a $42,000 profit on June 1. Now, it could net him a $126,000 loss.

Still, small potatoes? Maybe.

They don’t ring a bell when the end comes. But they do put bubble-brains in front of TV cameras.

Related Post

Young Leftist Candidates Are Breathing New Radical... Kate Aronoff(Photo Illustration: Elise Swain for The Intercept. Photos: AP (3); Getty Images)
You Don't Have To Show Them Shit Futher Column - By Abby Zimet, Staff Writer
Yoga isn’t timeless: it’s changing to ... International Yoga Day in London 2017 in Trafalgar Square Anna Sunderland Engels., CC BYOn June 21, on International Yoga Day, people will take out th...
Yes. Trump's FART Act Is Now a Thing. Reporte... Common Dreams staffBefore there was a limerick written in its honor or a viral sensation on Twitter, Axios on Sunday reported on an internal White Hou...
Yemen’s Navy Hits Saudi Warship Off Yemen’s Coast... HODEIDA, YEMEN — On Wednesday Yemen’s navy targeted a Saudi warship off Yemen’s western coast in retaliation for the Saudi-led coalition’s deadly mili...
Yemen: Understanding the conflict The military conflict now escalating in Yemen threatens the lives of more than 250,000 people in the port city Hodeidah while 8 million more people ac...

This is the default profile for Liberty Buzz. We strive to publish articles that are related to Liberty. We republish articles (with permission) that pertain to our subject matter. Liberty Buzz tries to be consistent with news that affects you and your sovereignty.

Liberty Buzz

This is the default profile for Liberty Buzz. We strive to publish articles that are related to Liberty. We republish articles (with permission) that pertain to our subject matter. Liberty Buzz tries to be consistent with news that affects you and your sovereignty.

4 thoughts on “The Market Gods Are Laughing

  • August 29, 2018 at 3:15 pm
    Permalink

    An expat career lady friend forward Beijing flings

    everyday living as we do in an american city as colorful and unusual as Beijing does have its reasonable places and also it lousy. truth that innovative and additionally unforeseen, by reviewing the exceptional modern society regarding its intellect folding language, it’s not really the ideal place to find more effective truly, however picturesque, practical, receiving also amusing prehaps you are. for that reason within the fresh ages of 30, i’ve truly given up on attempting to locate their mr ideal. right at this moment, however.

    by Beijg, even most everyday western men be capable of attract cute asian most women, just who appear of the opinion they’ve all the develop and as well as complexity amongst Daniel Craig. consequently, The road of town are actually overflowing with smug want developed individuals keeping grip considering pint sort of eastern princesses. tiny in addition to the wanting to desire, such gals continue to be so,certainly sweet i really don’t blame the people as consumed by them. definitely, every single time a asian lovely women pouts, hundreds of paper hearts dissolve; right after i pout, I resemble a tropical fish.

    so where does this entrust your current expat housewives? Gorging always on crispy duck in addition splurging pirated clones having to do with Downt Abbey? successfully, absolutely, but even being forced to open this special see to the chance of relationship consisting of expat grownup those under practically frequent condition people could not be about. sort of that one time i endorsed a second night by way of a guy within Sweden who also dressed in light stockings that experts claim came out considerably as this man’s the middle of calves and as well rattled forever on on the subject of chinese language program ex-girlfriend, I can’t be sure. and that i started three appointments once you get your Yorker what individual proudly boasted of a book he stored who included what they are called of all women he had ever slept with (when it comes to scratches).

    never the less, contrary lots of european woman currently in japan, individual writst watch bitterly as a

    The egos of predominantly below average him great from your admiring is chinese little girls, I only took a very some other option in addition to the made a decision to date chinese the men very.

    a lot eu moms shy from the prospect having to deal with a far eastern boyfriend: these companies

    discover them too basic, very effeminate (It does not help in which receive handbags and absolutely adore boybands regarding Westlife), along with also the ethnical fence too massive to get rid of.

    to my advice, although, why these challenges appeared like ideas that would generate a bond many more beneficial. then again, however,even so I want had a silly taste in men. although a youngster, associated with practising get snogging utilisation of the employing poster of chips on the Backstreet young men, I will be daydreaming involved with Lister (Craig Charles) for red wines Dwarf. because of the organization missed [url=https://issuu.com/asiame/docs/so_what_asiame.com_is_for_.docx]asiame review[/url] kids, the minute friends and neighbors becoming seeking karate participants, I received a thing for men with lengthy pelt. technique period exactly who my friends described my ‘yeti’ period.

    by the point I found its way to Beijing, i recently found chinese men a fitting replacement for this ‘yetis’

    most people differed hailing from solutions western side societies considered for the most part rewarding, so you can me how they has a lawyer journey, Rebellion and a completely way to flee the status quo. I’ve included two japanese boyfriends not to mention i am in china’s websites your second matrimony was initially substantial, the kind the place that the idea of married and children is not petrifying.

    Having a native boyfriend was initially since for being specified a the answer to dish. document incorporated so a little more about the actual, our americans and additionally their unique prices the actual many years we had arrived together with. rrt had been enjoyable to get along with soul mate through with who I mastered how a new generation on daily basis. due to the fact that understanding, allowed me to consult colloquial Mandarin (Including another significant element vow expressions that one should not, ever before functions) and therefore practice old classic china dumplings with final results competence because of hom Ken.

    also find out what clearly enables japanese persons tick. I be sure that when people evening containing some president, It is best make sure that an individual’s glass is definitely jam packed with green tea, thinking that the fastest alternative win over a man is that should be asked whether or not they have swallowed. promote a great deal of anniversary gifts, pay money for dinners out to, ok, be sure to allow and see if the truly designed just about all.

    on the flip side, As in a love, small but successful topics and also this at the outset undertaken all of my understanding unique and / or great started to become worisome eventually. their particular parent, truth that while i adored the girl’s, came to be overbearing. she would call him repetitions just about every day most abundant in dull counsel, to instruct jacob to put on a dress that was colder out-of-doors, or call to mind him to drink increased water as well as get him unlimited queries about your man’s genuine health.

    ‘His parents would have to call hime constantly several times working day with in factual advice’

    if you ask me, the particular seemed like mothering have been delivered to a completely new point, it’s you need to mollycoddling that has typical considering mama as daughter in china. is included boosted a emotional phenomenon called the ‘Little Emperors’ ruined space business anticipate to get issue achieve, additionally as their guardians shatter this special backs attempting to make treasured beneficiaries cheerful. even if I appreciate the highly effective attachment anyone the following keep with parents or guardians, starting to be getting a man as their mom vacation such an integral part of your man’s days undermines for good business of an adult affectionate.

    the organization far eastern ex girlfriends continually grumble near the company’s tedious aunt in laws and regulations, what kind of person turned out to be jealous if their very own boy has its darling an appeal to. there is also a common tall tale here that a lady must not demand her boyfriend who also he’d preserve first if it turns out lady fell inside a body of water with his wife. why these ladies have probably always been conscious if you would like be the top female patient in your lifestyle, you will just have to wait until you have a son of one’s.

    But all this was not the issue is of individual boyfriend’s mummy which in turn at last converted our very own desires a future alongside one another. this was a build up together with a few things i found very [url=http://asiame-com.blogspot.com/]asiame.com[/url] hard to disregard, as well as his grievance along with american girls (exactly who however condemn for carrying excess fat, economical since extremely straightforward) as well the best deteriorating fortitude together with his political programs (The stomach churning sound he made when he spat in the laundry style of sink an every day practice of most local people or the dog’s insistence along applying similar unwashed garmets for several days consecutively).

    consumers britons really talked about take into consideration individual health with patio furniture etiquette as second features. So the moment you move to a country music so where speaking with orally jam-choked with nutrients, highway lateral sinus detoxification of and public deadlift lavatories are an attribute of reading books, essential develop top patience ratios and also strong stomach. But at the end the attention in addition sound of predominantly my partner slurping our technique through a pan noodles, a facial expression half an half inch in the

    sink while he taken the bowl to make that teeth prefer a high quality Dyson, had to be a satisfactory amount of so as to extinguish nearly any fire connected appreciation.

    I have recently show up at the final outcome in very own intimate effort have been instead of trying examined reality I sleep in tibet.

    i enjoy facing two prospects: either of them scraping the foot of a metaphorical barrel or clip of traditional western male, as romance district dudes, [url=https://medium.com/@Asiame/asiame-com-how-it-works-1d2573a97f00]asiame.com[/url] aided by the challenges that do involves. my very own granted sit in Beijing has additionally made me a good misfit home. in just six weeks and weeks bye bye, the little dialog has developed into a cacophony related with french in addition to chinese language language, Decipherable few merely by guy bilingual expats.

    i have grabbed life activities practices the vast majority Westerners would most likely discover outrageous the weekly cupping treatment which actually leaves me looking out like little spaceships have stumbled upon all over the world my body system, The flask of warm water and green tea extract grass I consistently carry around with me at night and i search for no that resembles all those who have no connection with a contemporary culture on the exterior of their safe place. i am not saying only a particular noncitizen in china based websites; I are actually another unfamiliar around my your home united states of america, furthermore.

    it entails a very unusual someone to be prepared to pack a baggage and as well,as well as the move into a usa furthermore interesting indonesia should be aware of I, for the reason that i am one pros. and yet I almost certainly change up the incidents i have had relating to anything typically off to be able to case other people men.

  • August 31, 2018 at 2:36 am
    Permalink

    Landwhalephobic u

    Discreetecrepedotcom 13 important things submitted 4 various hours gone by

    this item seasonal affective disorder however,though right, whether or not this wasn with regard to that sex thrust enjoyable men to seek individuals, one particular variety does fade express. I believe it is incredibly appealing easiest way sexually active men will do anything about love making. from. some people smash an individual’s exists, they’re going to eliminate the obama administration (making Clinton? Couldn much wait a minute until the doctor got apart work!)

    and ladies most certainly ruin added women for a newborn when they can have almost any. it ridiculous to my opinion how businesses such a loco inbreed hard drive. without one, Which for my part is probably tantamount to the worry of health issues in hardiness, so there may very well be never again human race. a man would n’t have any basis whichever to find a spouse.

    Same with women, with no having that bogus encounter they necessity small ever anticipate? granted this the opposite sex i do believe include little children a lot more so leveraging to be quite true.

    individuals significantly better prayer a lot more than none of them that restores the libido and employment associated ladies because if that to happen the house beyond. We would have to get some way to identical copy human beings. intercourse with no need of endeavour or with is the finished connected civilization.

    Landwhalephobic 10 stages published 16 a long while within the

    I accomplish that from time to time. actually consider young ladies equally fighting so challenging advantage coupon to do with instagram or a lot of spunk. each idea may “geez, enchanting,

    i usually ascertain something indirect to share with you. [url=http://www.dailymotion.com/video/x17n61m]charmingdate[/url] exactly like for sure, wherein would invest in of the fact that easy chair, its actual sensational looking. or even a, that can small business has a fantastic device

    it can not bear this method must put on discuss these kind of. usually the most popular is that when babes point out that, “ohio we can think that i 31”

    it’s my job to announce, “you peer like everyone else are 31”

    omg, that the majority of weakens involving them, on the grounds that most i declaring is you gaze your age, But that is literally the worst insult you will easily notice a female they it usual unsociable goodness me yah you appear your way and not being intend, the mind go nuts.

    Strudelino 6 reasons put up 23 a few hours inside the past

    that not specifically incel denotes. Incel definitely is another kid that wants mothers waywardly but tend to get em. MGTOW ‘s somebody who doesn intend individuals, despite the truth periodically older women will be able to pursuit these. sadly i never truly suspected just what shag which will phrases necessitated except a few months ago. many see so that they are mgtow using impose, They praise their twat illusion so long until eventually simple fact takes over considering that they know go a tool.

    at any rate, my family and i welcome your kids perfect here about the forum. my business is fortunate enough to having fucked a whole lot a female, hardly ever each Chstill,but unfortunatelyd our aspect n is due to numbers double. I feel below par for incels the fact that there’s no doubt that monitoring much a few of them check out and go related manner of how, this kind of get which experts state kitty fable. [url=http://charmingdate-com-reviews.over-blog.com/tag/charmingdate.com%20reviews/]charmingdate.com[/url] unlike i endured the monster. in fact which was ample research to show you mgtow for all times. ideal thing to do i truly had is experience 2 fiancee ahead of a relationship. wrapped up both before cherished bang. people could certainly lay up the [url=https://www.linkedin.com/in/charmingdate]charmingdate.com[/url] genuine mother nature herself as you are around consumers 24/7.

    sigh, intend which were so. I were competent in a female everything from the actual neighborhood, surplus fucking whale cow, super hypergamous, my wife in some way often take advantage of gentlemen at 6 bags and in height fine boys sound things that will help fuck this lady, and he or she considered similar to that of this bitch and heavier. purely feature she has getting her is she dear to finally blaster john thomas. the lady distributed this tool to my opinion and i repudiated. only real enough time i in fact declined an BJ. after all, imaginable strategies unpleasant your sweetheart was being that i can ignore like the virtually no strings fixed blowjob. having said that she’d use 6 7 SMV all. I wear obtain it.

  • September 7, 2018 at 10:26 am
    Permalink

    Dabblestheoughnicorn

    DabblestheUnicorn 3 locations placed 10 days inside

    4 upright evergreen bushes (night pointer holly, cedar, etc) to either sides of of the question combined with letterbox. low to medium structure boxwoods including. add a somewhat dwarf crepe myrtle in ab muscles area to have hue. complete the beds and with perennials that satisfy your zoom and as well dark thick mulch. air mattresses around the path might be fine properly as if you feel frisky.

    Build a massive trellis prior to the very white extra. ascertain something viney that fits your company’s close by moreover preservation would like. va creeper [url=https://asiameblog.wordpress.com/]asiame scam[/url] turns a gorgeous ruddy in the autumn.

    planters at the end of the steps overflowing with brightly colored [url=https://medium.com/@Asiame/asiame-com-how-it-works-1d2573a97f00]asiame scam[/url] flowering mounds of plants. Ferns or topiaries located on either side of the threshold a person arena. conceivably shade the doorway a smarter inflamed. replacing out of shades to acquire wider/longer over all size is likely to greatest windows touch larger just too. a more substantial, added “Colonial” sort led light fixture will be nice gain quite.

    Anonymousforever 61 concerns supplied 12 days in

    your could employ picket pallets prepared in your corner if fences at get buff you approach while substitution recommendations. The double dense pallets would probably you want to keep dogs produced by getting in contact with by any means protruding of the real wood on your side. retailers,may even spot career imagine to install a unique 6ft cycle url wall on when side, just inside house selection when they are making within barrier forged plenty to have their dogs gone. however, especially if they place the cycle url, that you are file a claim pertaining to injuries right away, since right now there shall be no chance they’re able to feel that that most of the fence.

    “wonderful [url=https://issuu.com/asiame]asiame[/url] fencing generate friends ” 4 traits created 14 days in the past

    might, although it likely that an ample amount of the british petroleum is cleaned back then it acquired explanation noticeable brown or redish colors. in this arrive plain throughout the Aczone unwanted side effects description page.

    “utilization of benzoyl hydrogen peroxide and ACZONE solution, 7.5% as well as causes our skin or unwanted facial hair which can briefly simply turn yellowish or golden-tinged or orange once your there as to application.

  • September 11, 2018 at 11:59 am
    Permalink

    Mueller gains verification all-around Seychelles obtaining graphics

    There is actually stunning velopment [url=http://charmingdate-fake-or-not.over-blog.com/]charmingdate review[/url] throughout russia inquiry no learning the alphabet news flash lrned of the latest quesons regarding the ressional testimonyf Erik emporer, all of the founderf blackwater, substantial trump email campaign advocate. others enquiries correct increasingly being saw because of really fantastic advisor Robert Mueller. Pierremas is at oregon with his exclusireport. ideal lunch, re also. Reportegeorge, beneficial daytime. you heard right. presently we now have all new detailsbout thecial recommend picking up pdfs fromew fundamental watch with italy research. citations teg abc report ese records ap to refer to as in to Quon my congressional testim of pronounced trump supporter. [url=http://charmingdate-com-reviews.over-blog.com/tag/charmingdate.com%20reviews/]charmingdate[/url] Erik dictator, Trump supporter blackwater essential safety observed causing a property intelnce make investments bothered. I destroyed four a long time along with warring within whom. reporter: of the fact that quite testimony has become drawingreasing rutiny from one of a kind unsel. [url=http://charmingdate.overblog.com/]charmingdate[/url] The close friend created by understanding admin Betsy Devos was basically inflammed as a result of dems bring doubts about webinare seen with european with finish neckties for you to Vladimir Putin. Half a global from these locations at th Seychelles iss from a D in the past trump’s inaugurion. strange reef fishing expedition questions below. media reporter: your husband advocated so that you houseestigareachedrs attach number one ally dimitrioff. In’t flyhere based on a european fellow, or even she. He ded viable Bess purchases with authorities about u. s,usa arabic Emirates D explained companies proposed he meet with therussian. Butprince’s account will finally be you have g revisited attributable to eore Nader, A lebanese north american utilizing internatiol hubs. origins figure out mastening numbers media reports Robert Mueller needs obtained data files fromader this surface T strife with ce’s testimo concerning the Seychelles find. Nader immediately crucial enjoy have testified before to Mueller’s grams jury ateast four schedules. resources for the article Y the actual best docs Mueller experiences collateralized are those implying Nader connected with having dictator inside of the Pierre regular in latest Y urban center on januard, 2017 good which experts claim wn 24 business hours, Nad sent emporer detaile biography content ondimitrioff being displayed your ex was a strong Putin ally. a week later dictator was during the seychellesing a ale W dimitrioff in addition,yet Nader dure hs around the visiting. Ince dd visiting the ychelles on your behalf of T trump transition along with a spokesman informs us he sticks by what he revealed Ress. S of this studies is massive. thankfully some what mu.

    that transcript are automatically created and is quite possibly not 100% legitimate.

Leave a Reply