“Mar-a-Lago Consensus”: Tariff Headwinds/Disinflationary Tailwinds
“Long term, this is going to be a country like no other.”(Donald J Trump)
Summary:
· “Mar-a-Lago Consensus” is becoming doctrinaire.
· The developing, leaderless, Eurozone Consensus affirms that “Mar-a-Lago Consensus” is deflationary.
· Aramco has confirmed that “Mar-a-Lago Consensus” is deflationary, in energy security terms.
· Rumour has it that China intends to make “Mar-a-Lago Consensus” deflationary, in manufactured goods terms.
· Central bankers are anticipating the disinflationary outcome of “Mar-a-Lago Consensus”, even before Trump’s, threatened, tariff hikes have blown their economic growth headwinds.
· Syria becomes the first case study for “Mar-a-Lago Consensus”.
· The developing, leaderless, Eurozone Consensus affirms that “Mar-a-Lago Consensus” is pro-repatriate and anti-immigrate.
Extracts
Thesis
· “Mar-a-Lago Consensus” will transfer the global supply chain security cost from the US taxpayer to the global taxpayer/customer.
· “Mar-a-Lago Consensus” will boost the US economy and mitigate the cost of global supply chain security for nations that trade with the USA.
· The unipolar “Mar-a-Lago Consensus” reinforces the global energy security imperative, and aligns, with US Swing Producer status, to deliver a disinflationary global economic stimulus, exclusively, to America’s trade partners.
· “Mar-a-Lago Consensus” and US Swing Producer status combine to reinforce the unipolar “US Exorbitant Privilege”.
· “Trump’s Technocracy” is proselytizing “Mar-a-Lago Consensus” into disinflationary, fiscal deficit shrinking, productivity gains.
· Leaderless Germany aligns the leaderless EU with the “Mar-a-Lago Consensus” North of the Black Sea.
(Source: the Author, December 7th 2024)
· “Mar-a-Lago Consensus” prescribes sanctions first, followed by regime change second, to all those evil-doers who challenge the US Dollar’s Unipolar Global Reserve Currency status.
(Source: the Author, December 7th 2024)
