Two of the most powerful international bankers in the world are teaming up in a joint effort to halt President Donald Trump’s ‘America First’ trade policies.
Mario Draghi, president of the European Central Bank (ECB) and Christine Lagarde, managing director of the International Monetary Fund (IMF), are urging Trump to abandon his trade war and return to the status quo preferred by globalist financiers.
“We meet at a moment when support for global cooperation and multilateral solutions is waning,” Lagarde said at the 8th ECB conference for the central, eastern and south-eastern European (CESEE) nations on Wednesday.
“Global growth has been subdued for more than six years and the largest economies in the world are putting up, or threatening to put up, new trade barriers. And this might be the beginning of something else, which might affect us all in a more broad way,” she added.
Lagarde also warned: “These troubling developments will create headwinds for all, but certainly for the CESEE growth model, a model that has relied on openness and integration.”
Draghi also forecast doom unless Trump submitted to China, abandoned his nationalistic policies, and let he and his fellow bankster cronies go back to running the global economy.
“Global trade has faced headwinds in recent years as trade-restrictive measures have outpaced liberalising measures,” Draghi said.
“The central and eastern European business model has become vulnerable to shocks to international trade and financial conditions,” he added, warning of potential ill effects of Trump threatening to hike tariffs on European autos.
“The effect of tariffs could be amplified, as a large share of goods cross borders multiple times during the production process,” Draghi said.
“The main long-term challenge is moving towards a more balanced growth and financing model, which is more reliant on domestic innovation and on higher investment spending than it has been so far,” he added.
Regardless of the fear-mongering of the international bankers, President Trump remains undaunted in his resolve to cut China down to size and approve the standing of the U.S. in the world.
— Donald J. Trump (@realDonaldTrump) June 10, 2019
Trump is intent upon making America great again, whether the central banking elites approve of it or not.
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AMERICA FIRST: Kanye West Bringing Adidas Headquarters, Manufacturing Jobs to Wyoming
West, a Trump supporter, wants to bring manufacturing jobs back to America.
Kanye West is set to bring hundreds of manufacturing jobs to the United States through moving production facilities of his Adidas Yeezys brand to the country from nations such as China, Cambodia and Vietnam.
West plans on opening a facility in Cody, Wyoming, near where the rapper acquired the Bighorn Mountain Ranch with the intention of making it his primary residence.
Kanye grew a strong attachment with the Mountain West state after recording his 2018 album ‘Ye’ in Jackson Hole, Wyoming.
(Kanye West’s new Wyoming ranch.)
Steve Smith, Yeezys’s production designer, spoke of West’s desire to bring back manufacturing jobs from abroad during a fashion industry event in November.
“We’re going to bring jobs back here. We’re going to make Yeezys in America. This is revolution.”
In an ironic twist, a Dutch NGO is scolding West over his plan to move jobs to America from the Asian countries.
The Clean Clothes Campaign claims that West is negatively impacting the sweatshop workers that currently manufacture Adidas Yeezy products in dismal workplace conditions. The charity maintains they’d be better off with their existing employment structure, under which many earn no more than $4 a day.
Many American companies outsource their manufacturing and business operations under the premise of profiting from the sweatshop conditions prevalent in the East Asian labor markets.
It doesn’t occur to “charitable” organizations such as the Clean Clothes campaign that the most effective way to shut down such employment models would be to move manufacturing to nations with far more decent and fair labor conditions, such as the United States.
Adidas Yeezys is already subletting a factory in Cody. The brand is seeking at least a dozen new workers for the operation from the local community.
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