Old Don announced new trade tariffs yesterday. By way of a change, they're not on China but European goods (Jock whisky, French wine and Italian cheese). The way he's going he'll tariff and/or sanction the world, except for Israel because (shock, horror) that would be anti-Semitic and we can't have that. Practically every economic indicator is suggesting a global recession is on the horizon, and those Trumpton is fronting for appear intent on engineering a depression.

90 years ago in 1929 the bankers behind the curtain made the Great Depression happen. They did so by filling every crack and crevice with easily available credit (debt) which also had the effect of creating huge bubbles in property prices and stock markets. They've played the same hand for the past 10 years and, like then, they're withdrawing their support. What's coming will become known as the Greatest Depression because people will need to suffer much more than then in order to passively accept the elimination of cash and sovereignty to a supranational authority as a (temporary) solution to their privations. Of course, the ultra obnoxious blowhard in the White House is the willing patsy.