.
.
This is more about optics than rational problem solving.
Genius understanding is not required to see this as just
another head fake (a sports term). Trying to game the media
for the next pass or goal is silly, if you pay attention. The boundaries
of the playing field do not change.

I listened to a Stiglitz interview saying basically the same thing recently. They simply don't know what they're doing.

About a month ago, I was talking to a business manager who sells imported materials to US domestic producers. They won't book any new supply contracts, since Trump began threatening new tariffs. I know some companies were loading up, after Trump was elected and before he took office, but now the uncertainty of future costs is causing a slow down in booking trade contracts (imports) and eventually is going to affect domestic production here, if it hasn't already.

be relevant.

The U.S. is at a dead end, and the world is reassembling itself in a new configuration
— Exclusive for the Moscow Economic Forum by Black Swan Telegram Channel

Investors no longer believe in the prosperity of the U.S. economy. Since Trump’s return to the White House for a… pic.twitter.com/IXvkQScYnE

— pocalypsis pocalypseos (@apocalypseos) March 26, 2025

The rest of the tweet:

Since Trump’s return to the White House for a second term, things have not gone as they did during his first presidency. Back then, the S&P 500 and the tech-heavy Nasdaq were on the rise. Now, they are moving in the opposite direction. At one point, losses on the S&P 500 reached 4 trillion, while the Nasdaq lost 4 trillion.

Money isn’t just avoiding Wall Street. China is unloading U.S. Treasury bonds. The process is steady but relentless: over the past 14 years, Beijing’s holdings of these securities have dropped by nearly a third. Japan is also actively selling U.S. bonds to support the yen and its own debt market—despite being the largest foreign holder of U.S. government debt.

All of this stems from the dead end in which the U.S. finds itself. The country has long thrived on the more productive labor of other nations. The U.S. offshored much of its manufacturing because other countries learned to produce goods more efficiently.

But there are no miracles. What underpins the high demand in the U.S.? It is fueled by skyrocketing government debt—at an unprecedented pace: $1 trillion every four months. Previously, such growth took four years. Add to this a massive budget deficit and the “helicopter money” pumped into the U.S. economy during the early days of the COVID-19 pandemic. There is plenty of money, but no one is obliged to play by the rules that suit the U.S., where Washington tries to relegate all its “partners” to the bottom of the food chain.

This is why we are witnessing the breakdown of all existing mechanisms of global consensus. Countries want to live differently. Essentially, we are seeing a renewed global “non-alignment movement": most nations want fair trade relations.

Originally emerging in the 1950s, this movement reflected the desire of 25 countries to cooperate without joining any military-political blocs. Today, these ideas are shared by 120 states, accounting for over 60% of global GDP, and they are actively asserting their rights.

The U.S. dead end has instantly exposed a multitude of long-accumulating problems. The UK is in agony: without the U.S., it is politically just another country in the world. Africa seeks to end Western neocolonial policies—France is rapidly withdrawing its troops from Mali, Burkina Faso, Niger, Chad, and Senegal. Germany’s economy has been in decline for two years.

Meanwhile, BRICS+, the EAEU, the SCO, and the powerful financial triangle of Singapore-Hong Kong-UAE are showing strong momentum.

✅ BRICS+ represents a massive consumer market: 60% of the world’s population.
✅ The EAEU has significantly reduced dollar use in foreign trade: 80% of payments are in national currencies.
✅ The SCO is pioneering new logistics solutions, including the Belt and Road Initiative.
✅ The Singapore-Hong Kong-UAE triangle is a powerful financial and trade hub serving Asia, the Middle East, and Africa, creating an alternative to the financial West. Singapore and Hong Kong lead in digital economy and trade, while the UAE excels in investments and logistics.

We are witnessing the contours of a new world taking shape—new growing consumer markets, new payment and logistics solutions, and the emergence of new trade and financial hubs.

What this new world will look like is up to all of us living on Earth. There is no predetermined scenario. That’s why it’s crucial to debate and soberly assess the challenges ahead. By the way, heated discussions on the new world order are expected at the Moscow Economic Forum on April 2, 2025.

If the collective West manages to reimpose its hegemony on the majority, it will be a continuation of the old game, where almost all but a handful of states are stripped of their advantages. This must not be allowed.

We are not just in a history textbook being written by us and everyone else—we are at a turning point in human civilization. It’s vital not to make mistakes or let ourselves be deceived.