TL;DR

Trump’s ‘America First’ policy backfires as Canada seeks military ties with the EU, mirroring historical patterns of isolationism leading to decline.

Story

Trump’s America: Isolating itself and pushing allies away. Sound familiar? It’s like watching a slow-motion train wreck. Canada, our northern neighbor, is cozying up to the EU for military collaboration. They’re talking joint development of fighter jets and other defense systems – a clear signal of waning trust in the US.

‣ Military Industrial Complex: The intertwined network of government, military, and arms manufacturers. It’s a game of power and money, and the US seems to be losing its grip. Remember the 2008 financial crisis? Over-reliance on a single market can cripple an economy. This military shift could be another economic earthquake in the making, hitting US defense contractors hard.

Why the sudden shift? Trump’s unpredictability. His “America First” rhetoric may sound patriotic, but it isolates the US on the world stage. Just like how unchecked greed fueled the Enron scandal, unchecked nationalism can erode international alliances.

Canada’s new Prime Minister, Mark Carney, chose Europe for his first official trip – a symbolic slap in the face to the US. He called Canada the “most European of non-European countries”. The message is loud and clear: Canada is looking elsewhere for stability and partnership. The US risks becoming a geopolitical island.

‣ Geopolitical: Relating to the global balance of power among nations. This isn’t just about fighter jets; it’s about trust, alliances, and the future world order. If the US continues down this path, we might wake up one day to find ourselves alone, vulnerable, and irrelevant.

Advice

Diversify your portfolio. Over-reliance on any single market, especially a politically volatile one, can lead to disaster. History repeats itself—learn from the past.

Source

https://www.reddit.com/r/stocks/comments/1jf6s5o/nyt_menaced_by_trump_canada_prepares_to_join_eu/