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Who do they expect to buy their $300 shoes, then?
I can't believe I have to say this, but... USA isn't the only country with a viable middle class to sell shit to anymore. There's Canada, most of Europe, Australia, Japan, South Korea, China... Other countries may not have as large of middle class citizens to pull from, but they exist as well in places like Brazil, India, Egypt, Israel, Iran, South Africa, and the United Arab Emirates as well as others.
Sometimes I am dumbfounded by my fellow US citizens still somehow thinking we're the center of the fucking world when all that good will from the rest of the world was flushed down the shitter after 9/11. Trump is just the final stages of no one giving a flying fuck what happens to our middle class anymore.
300 million people in the USA are the bottom 90%, that's a fucking drop in the bucket of the worldwide population. Do you really think that they're gonna be hurting by not selling to just us anymore? Just, christ, USA's economy doesn't exist in a vacuum.
What about the part where Trump burned all goodwill with the rest of the world through his trade war and actual wars? He tanked the US's export market at the same time that he's tanking the domestic market. There are other wealthy consumers, but they'd rather be buying from literally anyone else besides the US.
Unfortunately, they don't think that far because them and theirs will be able to buy those shoes.
Right now something like 10% of Americans are doing around 50% of consumer spending. Back to feudalism for us!