Monday, 5 March 2018


Steel amounts to only 2% of US imports.

Trump is bringing in import tariffs on foreign steel and aluminum.

"Labor unions and liberal Democrats are applauding Trump's approach.

"Republicans and an array of business groups are warning of dire economic and political consequences if Trump goes ahead with the tariffs."
Trump Towers Made Of Chinese steel .

China really does not sell all that much steel to the US.

Chinese exports to the US amount to a mere 0.2 per cent of Chinese production.

The top source of American steel imports is Canada, followed by the EU.

Import tariffs on steel means that, in the USA, the cost of new appliances, cars and buildings will rise.

The introduction of steel tariffs could erode Trump's base of support with rural America and blue-collar workers.

'There is always retaliation, and typically a lot of these countries single out agriculture when they do that. So, we're very concerned,' said Sen. John Thune, a South Dakota Republican.


Wisconsin Gov. Scott Walker, a Republican, has asked the administration to reconsider its stance.

He said American companies, that use steel, could move their operations abroad and not face retaliatory tariffs.

'This scenario would lead to the exact opposite outcome of the administration's stated objective, which is to protect American jobs,' Walker said.

Tim Phillips noted that Trump narrowly won in Iowa and Wisconsin, two heavily rural states that could suffer if countries impose retaliatory tariffs on American agricultural goods.

'It hurts the administration politically because trade wars, protectionism, they lead to higher prices for individual Americans,' Phillips said. 'It's basically a tax increase.'

In 2002, George W Bush introduced steel tariffs.

There was then a 30% plunge in the S&P 500 stock market index, and a slump in the dollar.

Bush was forced to withdraw the tariffs.

"The two scariest words in economics are not (yet) Donald Trump.

"They are Smoot-Hawley.

"I'm referring to the imposition by President Herbert Hoover of destructive tariffs on more than 20,000 imported goods in 1930, an act of madness that helped turn what should have been a short US recession into a worldwide, epoch-defining depression.

"Trade fell by more than half as other countries retaliated with their own tariffs on American goods. Millions of jobs were annihilated.

"The tariffs, named after Senator Reed Smoot and Representative Willis C Hawley, were the single greatest economic blunder of all time and accelerated the march towards the Second World War."

If Trump means what he says on trade, we all face economic doom

At the beginning of March 2018, there are fears that global markets will slump.


  1. Looks like Alexandre de Rotshchild is set to be head of the family (not Nathaniel, who we wish all the best with his wife!)
    We're talking about 'The Quantum Of Solace' again... hydrino energy, what it is, how this has by passed the scientific community, the implications it has for humanity... the fact half the high ranking CIA (and Israelis) know about it... NO-ONE IS TALKING ABOUT IT!
    THIS IS THE BIGGEST DISCOVERY SINCE FIRE! (yes it is that big!)... and the implications are going to be profound. In terms of cosmology, our understanding of atomic and sub atomic physics... the fact we have a clean, safe and unlimited energy source that is extraordinary.

    “Arguably, this is the most important story of the new millennium”
    Synopsis | In 1991, when Randell Mills proposed a new model of the atom, and a new way to extract energy from hydrogen, few believed it possible. After 25 years of research, Mills and his company Brilliant Light Power stand on the brink of commercializing an explosive new energy source that could bring an end to the era of fossil fuels. The catch? Mills is reshaping the paradigm of physics for the twenty-first century.
    Told as a personal journey of discovery, this book takes an inside look at Mills, his critics and collaborators, experiments and technology, and the broad impact his theories may have on our understanding of the universe. It provides sweeping historical background to engage new readers, and an exhaustive bibliography for advanced readers.

    GUTCP Fact Sheet

    Prof. Huub Bakker, a senior lecturer in engineering at Massey University, presented the following lecture on Randell Mills’ Grand Unified Theory of Classical Physics (GUTCP). Prof. Tony Signal, representing the Physics Dept., responded with a critical view.
    Prof. Bakker’s presentation is a survey of Mills’ 1800-page thesis and necessarily omits any deep analysis or mathematical proofs. Nevertheless, it is a fascinating introduction to the topic and he forcefully makes the point that Mills is either a fraud or the most gifted thinker of our time. According to Bakker, “there is no middle ground.”
    The lecture begins at timestamp 04:30.

    Dr. Mills presentation at Fresno State on February 27, 2017.

    Brett Holverstott - Search For Hydrino

    Genius Inventor: The controversy about the work of Randell Mills, America's Newton, in historical and contemporary context - Thomas E Stolper (price is a bit steep at $1500... I got mine for $300 a few months ago... best book on the subject you can find)
    The book is neither a biography of Mills nor a history of his company, BlackLight Power. The book tries to answer the question, why hasn't their work had a friendlier reception? One answer: the 1989 cold fusion fiasco, with which Mills’ critics falsely identified him after he surfaced in The New York Times in 1991. Another answer: Mills’ sweeping challenge to the theoretical physicists, who journal editors, scientists, graduate students, science writers, science managers, venture capitalists, the funding agencies, Congress, and the attentive public alike are still taught to hold in awe, even though astronomy has now shown that their pet theories can explain less than 5% of everything out there. The book is extensively documented for those who would like to read more about any of the topics mentioned.

  2. You've got me twice today Aang!
    Salisbury, Wiltshire...
    Critically ill man 'former Russian spy'
    A man who is critically ill after being exposed to an unknown substance in Wiltshire is a Russian national convicted of spying for Britain, the BBC understands.
    Sergei Skripal, who is 66, was granted refuge in the UK following a "spy swap" between the US and Russia in 2010.
    Police declared a major incident on Sunday after a man and a woman were reported ill at a shopping centre in Salisbury.

    'Major incident' after two people exposed to substance in Wiltshire
    Pair in critical condition at Salisbury hospital, with fentanyl suspected to be involved

  3. Just a heads up. Intrigued by the Thomas E. Stolper mention above, I checked out the Amazon link. The paperback sells for the low low price of $1,593.96!!

    Anyway, I tried to see if I could get it on Library Genesis, and you can ... well at the moment I'm downloading it and it's taking an age ... but the link for this is:

    There are a few download places on the page. Try them out. One of them may work!

  4. China's economical miracle exposed - in the last 30 years it's economy has grown and grown - but how? (1) it economy is built on theft - it has raped and stolen all its raw materials out of Tibet whom it is holding prisoner - massive trucks carrying lorry loads of raw materials are moving out of Tibet into China 24/7 daily (2) by deception - China has been buying products from western companies by becoming their number one customer and then copying their products and through reselling at rock bottom prices stealing their markets. This is the backbone of the dragon nation China - they have no innovation of their own - no communist/socialist country ever has had and never will. China is another USSR Berlin Wall just waiting to happen now with western focus on squeezing China in trade - it will be the match the lights the fire of doom.

    1. China is the new darling of the oligarchs, it was the oligarchs who put mao into power and started fashioning a nation that was totalitarian--in their image, and China will emerge with Russia as the new super powers.