Trump’s tariff reversal came after he watched an interview on Fox Business with JP Morgan Chase CEO Jamie Dimon, during which the bank boss said that a recession was a “likely outcome” of the new trade policies, according to the Washington Post.
Trump was asked by a reporter on Wednesday when he decided to put a pause on the tariffs.
“I would say this morning. Over the last few days, I’ve been thinking about it. Fairly early this morning,” he said.
Over-estimating is just as dangerous. People – and our governments – keep getting surprised by this pattern of behaviour because we pig-headedly refuse to admit the truth.
In order for our countries to plan economic matters, and defense and intelligence and more – we need to expect the same patterns of stupidity and irrationality as we’ve seen demonstrated time and time again. This doesn’t mean all the actions will be stupid – folks like Putin other intelligent evildoers are in the mix of those who are manipulating the president. But they have shown a lack of ability to fully control the irrational behaviour from surfacing in policy whims.
Fool me once, shame on you. Fool me thousands of times… c’mon at some point we have to learn.
Yeah, honestly I used to view the likes of Putin as a rational chessmaster. Life is teaching me a great deal, especially that leaders are not powered by raw intellect. Rather, it is the willingness to be assertive that separates the ordinary person from a leader, be they good or foul.