The left has received endless criticism for its plan to destroy the existing system and then build anew according to its dictates. Sounds like Trump wants to do the same thing. Save us from those who would save us. From Moon of Alabama at moonofalabama.org:
Many people, including me, are still not sure what Trump’s revolution – in trade, international relations and in his fight against the U.S government at large – is all about.
Trump, it seems, sees that the current path the U.S. is on, with ever increasing deficits and debt, is unsustainable. He and his people argue that the dollar as a reserve currency is doing more harm than good for the country. They point to the decrease in manufacturing as the main symptom of a larger disease.
They believe it is necessary to destroy the old system before a new, more glorious one, can arrive. They know that the process will be painful for many but hope for a better outcome on a new trajectory. (There is also a motive of personal profit.)
Alastair Crooke is alluding to all that when he writes (also here):
The Trump ‘shock’ – his ‘de-centring’ of America from serving as pivot to the post-war ‘order’ via the dollar – has triggered a deep cleavage between those who gained huge benefit from the status quo, on the one hand; and on the other, the MAGA faction who have come to regard the status quo as inimical – even an existential threat – to U.S. interests.
…
Vice-President Vance now likens the Reserve Currency to a “parasite” that has eaten away the substance of its ‘host’ – the U.S. economy – by forcing an overvalued dollar.Just to be clear, President Trump believed there was no choice: Either he could upend the existing paradigm, at the cost of considerable pain for many of those dependent on the financialised system, or he could allow events to wend their way towards an inevitable U.S. economic collapse. Even those who understood the dilemma the U.S. faces, nonetheless have been somewhat shocked by the self-serving brazenness of him simply ‘tariffing the world’.
