Trump is a world-class ignoramus.
Prior to taking office in January, he claimed he’d sort out the Ukraine situation on day one. On that undertaking Putin played him like a fiddle.
Meanwhile his tariffs proposition have left global money markets in turmoil. He dismisses that now, after the event, as “medicine”, necessary to “reform” the system.
God knows where it will all end, possibly with an assassin’s bullet.
Better still, hopefully common sense prevails. Mankind has enjoyed numerous periods of prosperity, unprecedented in human history, thanks entirely to the post-war 21st century’s evolvement of international trade specialisation.
That golden era is now over alas as tariff walls are being erected everywhere.
Here in New Zealand, we are mere spectators watching the unravelling of the global market system in its early stages. We enjoy geographic immunity from the world’s trouble-spots and should keep our heads down and remain aloof.
