MarmiteLover123

I wish I didn't have to and the bombs would stop falling. But as long as the bombing continues, I will be reporting on it.

Neo-Keynesianism has been a dead end for almost a decade now, since the initial failure of the Sanders and Corbyn campaigns. They were never going to be allowed to seize power, as the working class globally was, and is, in a position of defeat, not strength. The Dems were basically running on "let's try revive neoliberalism for a third time" (after Obama and then Biden failed to do so), which is as you pointed out, quite delusional and what led to the Dems losing a section/faction of bourgeois support to Trump (Musk, Zuckerberg, et al). As much as Dugin is a borderline, if not straight up fascist, he was right on this, Trump was initially abandoned by the "deep state"/bourgeois in 2020, but gained support from elements of it, alas an "even deeper state" after they realised the state of delusion in the Dem establishment camp. Without this support from this "deeper state" (Musk and silicon valley types like Zuckerberg) Trump would have never been elected, and would not be allowed to do what he is doing now with tarrifs.

As funny as the JDPON Don memes are, the real JDPON move would've been the USA and a flailing Europe trying to revive neoliberalism for a third time while Russia and China work together on constructing an alternative system. The USA has to try something different. Tarrifs + potential expansionism in Greenland and the Great Lakes + protectionism appears to be that difference.

To what specifically? An Israel-Turkey confrontation, war against Iran, internal resistance in Syria, or something else?

It's just a calculation of US trade deficit divided by US imports from said country. The US is not picking on any country in particular with this announcement, it's just a base calculation that applies to almost every country.

"Neoliberalism is finished, we are not going to go back to it, it's historically impossible..."

• Samir Amin, 2010.

Then he goes onto explain why social democracy and Keynesism revival failed before it even happened (the failure of Sanders and Corbyn in 2016/2017). Working class was in a position of defeat, not victory, thus it was not on the agenda. Then the destruction of nations, particularly in Eastern Europe (happened with Ukraine).

They want countries to buy American and equalise on exports and imports. In other words, the USA must not have a trade deficit with other countries, the USA wants to reduce it's trade deficit and the USA wants to start manufacturing and exporting goods themselves, and they want to use tarrifs to create the market conditions to enable this. Cambodia only exports $321 million in goods to the USA, but the USA imports $12.7 billion in goods from Cambodia. Thus a trade deficit of $12.3 billion. Thus the tarrif of 97%. 12.3/12.7=97%. If Cambodia imported more US goods/the US exports more to Cambodia, or if Cambodia exported less goods to be USA/the USA imported less Cambodian goods, or a combination of both, the tarrif would be lower. The only way to get the tarrif to 0 would be to equalise on exports and imports/get trade deficit to zero, or the US having a trade surplus with Cambodia.

It's a crazy plan to try force the US to start manufacturing things itself again, on paper.

I initially got it wrong, updated now. It's US trade deficit with country divided by US imports from country.

So 10% seems to be the default/minimum for countries that have no or little tarrifs on the US. ~~The made up numbers like 97% is not to do with the countries actual tarrifs, but their trade deficit to the United States and total US export. So let's take Cambodia: $12.3 billion dollar trade deficit with the United States, and U.S. goods exports to Cambodia: $321.6 million. 12.3/321.6 = 0.038, rounded down to 0.03. 1-0.03=0.97, or 97%. I haven't checked the others, but this seems to be how the numbers are calculated.~~

Nah this is wrong the figures are wrong, had a brain fart above. It's US imports from country, not exports that are used. The explanation below is right:

US trade deficit with South Africa: $8.8 billion. US goods imports from South Africa: $14.7 billion. 8.8/14.7 = 0.598, or 59.8%.

US trade deficit with Cambodia: $12.3 billion. U.S. goods imports from Cambodia: $12.7 billion. 12.3/12.7 = 0.969, or 96.9%.

I knew that globalised neoliberal oligopolistic capital was dead, I didn't know that it was this dead... There's no going back to the past, the powers that be tried to restore the neoliberal order after the 2008 financial crash, and ultimately failed. This is the end result.

10% is the default tarrif on practically all countries.

Israel also bombed T4 airbase Syria for the third time now, after Turkey suggested deploying air defence systems there and repairing the base under their cover.

Hama airbase also got attacked again.

In case anyone is wondering, airstrikes in Yemen have been continuing for over 9 hours now, and I'm still providing updates here