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jstan
climber
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Topic Author's Original Post - May 29, 2017 - 09:41am PT
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https://www.yahoo.com/news/merkel-warns-us-britain-no-longer-reliable-partners-130825785.html
There will be consequences.
1. The EU will make its own foreign policy and its own trade relations with both Russia and China.
2. Ultimately the EU will need its own nuclear capability.
3. It is not clear when this will happen but in time the dollar will cease to be the world's reserve currency. It will take time and further evolution of China's political structure before China can replace the US.
4. The unusual growth of the US economy will lose one of it's primary supports.
Edit to #3
China and Japan are each holding on the order of a trillion in US debt. It is the reserve currency. Those dollars have zero velocity and their effect on our economy is lessened. Our debt will become more of a factor once the dollar is no longer the reserve currency.
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Rock!...oopsie.
Trad climber
the pitch above you
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May 29, 2017 - 09:48am PT
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I can't imagine a more efficient way to further Russia's objectives than what is being done. The weakening of US-EU relations serves neither the US or the EU well, but it's gotta have Putin pretty delighted. He plays a good long game and we vote with a very short view and a wealth of ignorance.
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Jon Beck
Trad climber
Oceanside
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May 29, 2017 - 09:52am PT
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Peace on earth, all we have to do is pick sides in the middle east and sell our guy 100 billion worth of weapons. What could possibly go wrong.
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hobo_dan
Social climber
Minnesota
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May 29, 2017 - 09:52am PT
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Naw- give it another year. Mid-term elections gut the Congress and Trump becomes a lame duck PIA.
Hope I'm right.
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Ed Hartouni
Trad climber
Livermore, CA
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May 29, 2017 - 10:07am PT
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the EU has a nuclear capability: France
(it used to have the UK also, but that is about to end)
there is a growing international interest in nuclear disarmament, which is believed (by many) to be the only way to effectively counter future proliferation.
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jstan
climber
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Topic Author's Reply - May 29, 2017 - 10:23am PT
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Ed:
Nuclear proliferation is the scariest consequence. I did not even mention recent day increased interest within Japan for it's own military capabilities.
We are in the middle of a political tsunami.
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Reilly
Mountain climber
The Other Monrovia- CA
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May 29, 2017 - 10:29am PT
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The EU will make its own foreign policy and its own trade relations with both Russia and China.
They don't already?
Fakt: NOBODY, except Britain, hits above the Mendoza Line in NATO. They're
all a bunch of welfare hypocrites.
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MikeL
Social climber
Southern Arizona
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May 29, 2017 - 10:35am PT
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Is that how the U.S. has developed them, Reilly?
Unintended consequences?
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Gnome Ofthe Diabase
climber
Out Of Bed
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May 29, 2017 - 10:40am PT
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We are in the starting months of World War III, determined attacks in cyber-space and a reductions of freedom across the globe.
Some might say that the republic once known as the democracy of the United States of America was the 1st to capitulate. . .
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nature
climber
Boulder, CO
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May 29, 2017 - 10:56am PT
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I'm proud of Germany and the EU
They realize what a disaster this clown is. Tou can't fix stupid.
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Reilly
Mountain climber
The Other Monrovia- CA
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May 29, 2017 - 11:00am PT
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Is that how the U.S. has developed them, Reilly?
Well, they've gotten away without paying their agreed upon share for yonks so
I can't blame them for it; everybody likes free, don't they? I guess that
not paying your signed treaty share isn't being a hypocrite if you never
intended to pay it. I really don't know why we wasted so many American lives
to save them from the approaching Red Army. We should have just stopped at
the Maginot Line to save Alsace.
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Bushman
climber
The state of quantum flux
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May 29, 2017 - 11:06am PT
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Congress does little as this maniac courts despots and wreaks mayhem on seventy years of carefully constructed American diplomacy with our loyal allies. Eisenhower and FDR are rolling in their graves while the electorate that voted for Trump are so entrenched in alternative facts, they'll never realize or admit the disservice. The apple doesn't fall far from the tree. What a disgrace.
Happy Memorial Day Everyone !
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Studly
Trad climber
WA
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May 29, 2017 - 11:11am PT
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The world of men is dreaming, it has gone mad in its sleep, and a snake is strangling it, but it can't wake up.
 D.H. Lawrence
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Jon Beck
Trad climber
Oceanside
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May 29, 2017 - 11:12am PT
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One of Trumps top guys admitted that coal is dead. I guess Hillary was right. Who wants to break the news to the coal miners? I hope they did not all go out and buy new bass boats on Trumps empty promise.
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Bushman
climber
The state of quantum flux
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May 29, 2017 - 11:28am PT
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This alternative reality is making me physically ill.
Mars, why do you beckon to me?
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SteveW
Trad climber
The state of confusion
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May 29, 2017 - 12:28pm PT
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John always puts up thought provoking threads. Unfortunately, most posters don't put as much thought into their posts. . .
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Tom
Big Wall climber
San Luis Obispo CA
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May 29, 2017 - 02:37pm PT
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Trump is acting exactly like someone who is anxious to start a big war, to "Make America Great Again" (America thrived after both world wars).
His America First trade protectionism rhetoric was what European countries were actually doing before World War One. After World War Two, America and its Allies specifically sought to minimize trade barriers, so as to prevent another war.
I can well imagine that Trump, Bannon, and Kushner have discussed the benefits of having millions of people killed in a big war, and how delicious the huge war industry profits are going to be for fat-cats like themselves.
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WBraun
climber
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May 29, 2017 - 02:45pm PT
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I can well imagine that Trump, Bannon, and Kushner have discussed the benefits of having millions of people killed in a big war,
and how delicious the huge war industry profits are going to be for fat-cats like themselves.
I ain't buying that line of fabricated mental speculation on your part of bullsh!t and I'm NOT a Trump supporter ......
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Jon Beck
Trad climber
Oceanside
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May 29, 2017 - 02:50pm PT
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I can well imagine that Trump, Bannon, and Kushner have discussed the benefits of having millions of people killed in a big war,
and how delicious the huge war industry profits are going to be for fat-cats like themselves.
Nonsense, more fake news. Trump and Kushner hardly know each other
http://www.newyorker.com/humor/borowitz-report/trump-says-he-does-not-know-jared-kushner-very-well
Donald J. Trump on Saturday accused the media of exaggerating his relationship with Jared Kushner, asserting that “I don’t know him very well.”
“He’s someone I would see around the office and who, I guess, was working for me,” Trump told reporters on the last leg of his foreign trip. “Beyond that, I couldn’t tell you much about him.”
Someone is going under the bus
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