5 ms·

Having your stuff stored in another country is ultimately a voucher of confidence, I can't see Trump or anyone else willingly misusing that trust. I do think th

Having your stuff stored in another country is ultimately a voucher of confidence, I can't see Trump or anyone else willingly misusing that trust. I do think the Western leaders need to temper their tendencies for isolationism these days, what's the alternative guys? And why even think that other people/cultures will want you in their swimming-pool if you can't keep your own one clean/functional? (this comment also covers France recently bringing home their gold)

knuckleheads 5mo ago
You really can’t see Trump abusing someone’s trust?
- 0x3f 5mo ago
  The guy only releases bad news when the markets are closed to avoid some minor corrections. I doubt he's about to crash the gold market.
  - steanne 5mo ago
    that's not why. https://en.wikipedia.org/wiki/Sundowning https://en.wikipedia.org/wiki/Sundowning
    - steveBK123 5mo ago
      Yes the increasing erratic behaviour and vulgar language are signs. This weekend was I believe the first F bomb dropped in writing by him.
      - flotzam 5mo ago
        He posted it at 8:03 AM though... (12:03 PM UTC, and he was in D.C.) https://truthsocial.com/@realDonaldTrump/posts/116351998782539414 https://truthsocial.com/@realDonaldTrump/posts/1163519987825...
  - steveBK123 5mo ago
    He is not a trustworthy negotiating partner. This is a real estate developers approach to deals - they are only selling you a condo once, so they are going to screw you as badly as they can while still making the sale. They never plan to do business with you again. Perversely, I’m not even sure that US seizing foreign owned gold would crash the gold market. Remember prices are set by incremental sales, not total held. So there would likely be a rush to buy gold domiciled outside the US, creating upwards price pressure if only temporary.
    - 0x3f 5mo ago
      Sure he might want to do that, but I think his behavior shows he's still beholden to the markets to a large degree. A lot of his (self?) image is tied into 'economic performance', rightly or wrongly.
      - steveBK123 5mo ago
        And despite the meme that GOP is better for stock market & that Trump is obsessed with it - its only up 10% since inauguration vs 17% this far into Biden presidency. And he seems to be trying to crash it each spring (Tariffs, Iran).. looking forward to next season. The market is not stupid enough to ignore what he does after hours, it just blunts the knee jerk reaction by a few hours.
thejohnconway 5mo ago
> I can't see Trump or anyone else willingly misusing that trust Is this sarcasm? It’s hard to tell these days.
dingdingdang 5mo ago
I do find the down votes odd, comment seem to contribute to the discussion, is it a reflex move because of intense dislike of the sitting US president?
- JumpCrisscross 5mo ago
  Word salad. Uninteresting rhetorical questions.
- rootlocus 5mo ago
  > I can't see Trump or anyone else willingly misusing that trust. I don't think many people share this sentiment.
Zigurd 5mo ago
> I can't see Trump or anyone else willingly misusing that trust Does this demonstrate a lack of imagination or some kind of hermetically sealed alternative reality?
palata 5mo ago
> the Western leaders need to temper their tendencies for isolationism these days, what's the alternative guys? Agreed, but tempering their tendencies for isolationism doesn't mean trusting a country that threatens to invade so-called allies. There are many other places, starting in the EU (since Germany is already in the EU, of course).
icegreentea2 5mo ago
Western reflexes towards isolationism comes from two factors: 1. Long-term backlash against unchecked globalization. Every western country has to come to grips with the long-term impacts of the deindustrialization that globalization has enabled - this impacts their domestic societal stability, their long-term economic growth, and their ability to act internationally and independently. 2. One particular western leader (who happened to come to power, at least partly riding the wave of the backlash above) has accelerated this trend by taking the possibility of trans-Atlantic (+plus a few Pacific trends) tradebloc to form "globalization lite" as a middle ground solution (honestly, I have no idea how viable this would have actually been), and took it behind the shed and shot it, and then burned the corpse. Globalization was bearable in part because America did infact run the game, and tended to run the game reasonably well. US aligned nations could all see China growing in strength, but they all figured that as long as they played their role and played nice, that when the time came, they could join the US in whatever new game it wanted to play, or join the US in helping push back. What they perhaps did not count on was just has careless America could be, or that America would want to stop playing with them at all. Towards your point on confidence and trust. As others have pointed out, Trump has also violated trust in all sorts of ways. Trump delights in norm and trust breaking, as a form of dominance display - both as meat for the base, but also to satisfy his own impulses. But perhaps worse, I think a lot of people are now also calculating that Trump could easily misuse or violate trust without really knowing it. Iran should have clarified to everyone that the Trump administration is willing the act on deeply flawed (or perhaps absent) second order (or even move-countermove) planning.

knuckleheads 5mo ago

You really can’t see Trump abusing someone’s trust?

0x3f 5mo ago
The guy only releases bad news when the markets are closed to avoid some minor corrections. I doubt he's about to crash the gold market.
- steanne 5mo ago
  that's not why. https://en.wikipedia.org/wiki/Sundowning https://en.wikipedia.org/wiki/Sundowning
  - steveBK123 5mo ago
    Yes the increasing erratic behaviour and vulgar language are signs. This weekend was I believe the first F bomb dropped in writing by him.
    - flotzam 5mo ago
      He posted it at 8:03 AM though... (12:03 PM UTC, and he was in D.C.) https://truthsocial.com/@realDonaldTrump/posts/116351998782539414 https://truthsocial.com/@realDonaldTrump/posts/1163519987825...
- steveBK123 5mo ago
  He is not a trustworthy negotiating partner. This is a real estate developers approach to deals - they are only selling you a condo once, so they are going to screw you as badly as they can while still making the sale. They never plan to do business with you again. Perversely, I’m not even sure that US seizing foreign owned gold would crash the gold market. Remember prices are set by incremental sales, not total held. So there would likely be a rush to buy gold domiciled outside the US, creating upwards price pressure if only temporary.
  - 0x3f 5mo ago
    Sure he might want to do that, but I think his behavior shows he's still beholden to the markets to a large degree. A lot of his (self?) image is tied into 'economic performance', rightly or wrongly.
    - steveBK123 5mo ago
      And despite the meme that GOP is better for stock market & that Trump is obsessed with it - its only up 10% since inauguration vs 17% this far into Biden presidency. And he seems to be trying to crash it each spring (Tariffs, Iran).. looking forward to next season. The market is not stupid enough to ignore what he does after hours, it just blunts the knee jerk reaction by a few hours.

thejohnconway 5mo ago

> I can't see Trump or anyone else willingly misusing that trust Is this sarcasm? It’s hard to tell these days.

dingdingdang 5mo ago

I do find the down votes odd, comment seem to contribute to the discussion, is it a reflex move because of intense dislike of the sitting US president?

JumpCrisscross 5mo ago
Word salad. Uninteresting rhetorical questions.
rootlocus 5mo ago
> I can't see Trump or anyone else willingly misusing that trust. I don't think many people share this sentiment.

Zigurd 5mo ago

> I can't see Trump or anyone else willingly misusing that trust Does this demonstrate a lack of imagination or some kind of hermetically sealed alternative reality?

palata 5mo ago

> the Western leaders need to temper their tendencies for isolationism these days, what's the alternative guys? Agreed, but tempering their tendencies for isolationism doesn't mean trusting a country that threatens to invade so-called allies. There are many other places, starting in the EU (since Germany is already in the EU, of course).

icegreentea2 5mo ago

Western reflexes towards isolationism comes from two factors: 1. Long-term backlash against unchecked globalization. Every western country has to come to grips with the long-term impacts of the deindustrialization that globalization has enabled - this impacts their domestic societal stability, their long-term economic growth, and their ability to act internationally and independently. 2. One particular western leader (who happened to come to power, at least partly riding the wave of the backlash above) has accelerated this trend by taking the possibility of trans-Atlantic (+plus a few Pacific trends) tradebloc to form "globalization lite" as a middle ground solution (honestly, I have no idea how viable this would have actually been), and took it behind the shed and shot it, and then burned the corpse. Globalization was bearable in part because America did infact run the game, and tended to run the game reasonably well. US aligned nations could all see China growing in strength, but they all figured that as long as they played their role and played nice, that when the time came, they could join the US in whatever new game it wanted to play, or join the US in helping push back. What they perhaps did not count on was just has careless America could be, or that America would want to stop playing with them at all. Towards your point on confidence and trust. As others have pointed out, Trump has also violated trust in all sorts of ways. Trump delights in norm and trust breaking, as a form of dominance display - both as meat for the base, but also to satisfy his own impulses. But perhaps worse, I think a lot of people are now also calculating that Trump could easily misuse or violate trust without really knowing it. Iran should have clarified to everyone that the Trump administration is willing the act on deeply flawed (or perhaps absent) second order (or even move-countermove) planning.