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Playingmantis

(394 posts)
Tue Mar 4, 2025, 12:02 PM Mar 4

View from one financial analyst..( am sure there aar many more like him [View all]

The U.S. has aimed tariffs at neighbors, lambasted traditional allies in Europe, and taken a pro-Russian stance toward Ukraine in an about-face from the previous administration.

When asked if the transatlantic alliance between Europe and the U.S. is dead, veteran investor David Roche, strategist at Quantum Strategy, was unequivocal: “Yes ... it is over.”

“Basically, the Trump administration is not interested in alliances, just deals,” he said. “Trust has been broken. You can’t have an alliance without trust.”

But at the heart of the matter is “the weakening of the credibility of the power of the United States on a global scale.”

“Whether you’re South Africa, Zimbabwe, the Congo with its minerals, or Singapore, the single biggest effect is the monumental devaluation of U.S. credibility as a currency,” Roche said.


https://www.cnbc.com/2025/02/28/as-trump-breaks-ranks-with-europe-are-asia-pacific-allies-next.html

MAGA = Moscow Agents Governing America!

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