Trade War - After Dark (Myth20c - Ep291)

Trade War - After Dark (Myth20c - Ep291)

Author: Myth of the 20th Century - "Only the truth is banned." April 21, 2025 Duration: 3:15:20

On April 2nd, 2025, The Trump Administration announced what they called ‘Liberation Day’ for Americans. Rather than a reference to an occupation from a kinetic war, the White House was referring to liberation from a sociopolitical regime waging an economic war. The announcement focused on a series of tariffs designed to redress serious trade imbalances in manufactured goods with countries around the world, particularly in Asia and Europe. The next morning, almost without hesitation, the US stock markets plummeted, followed by another drop of over 5% the next day. Almost as quickly, many on the right and people ostensibly aligned with the Trump campaign came out condemning the tariffs, calling them ill founded and poorly executed. Tonight, we are joined by two returning guests and veterans of the financial world - Stormy Waters and Ace Niederhoff - to explain why this perception may be wrong, and explore how after decades of hollowing out of the US industrial base and the knock on effects of unemployment, crime, and broken homes that reversing globalization and free trade in particular may just be what sets the American economy - and more importantly its people - back on a path to prosperity.

-- Brought to you by --

Very special guests:

Stormy Waters

@NormanDodd_knew

and

Ace Niederhoff

@aceniederhoff

with Adam Smith

--

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— Charts —

-- References --

- Jurassic Park, Spielberg (1993)

- American History X, Kaye (1998)

- The Believer, Green (2001)

- Dynamics of Nonlinear Systems, MIT (2003) - https://ocw.mit.edu/courses/6-243j-dynamics-of-nonlinear-systems-fall-2003/

- Another Theory of Corporate Lust for Immigration, Sailer (2012) - https://unz.com/isteve/another-theory-of/

- The Chinese Workers Who Assemble Designer Bags in Tuscany, Max (2018) - https://www.newyorker.com/magazine/2018/04/16/the-chinese-workers-who-assemble-designer-bags-in-tuscany

- Zeihan - After Dark - the Collapse of Globalization, Myth of the 20th Century (2022) - https://myth20c.wordpress.com/2022/10/31/zeihan-after-dark-the-collapse-of-globalization/

- Friedrich List - National System of Political Economy, Myth of the 20th Century (2024) - https://myth20c.wordpress.com/2024/04/07/friedrich-list-national-system-of-political-economy/

- Shadow Banking - with Stormy Waters - After Dark, Myth of the 20th Century (2025) - https://myth20c.wordpress.com/2025/02/10/shadow-banking-with-stormy-waters-after-dark/

- What is Trump's new Liberation Day and what to expect April 2?, Colton (2025) - https://www.foxnews.com/politics/what-liberation-day-what-expect-april-2

- Oaktree's Howard Marks on Credit Yields, Trump's Tariffs, Bloomberg Television (2025) -

- Alternate Gross Domestic Product Chart - https://www.shadowstats.com/alternate_data/gross-domestic-product-charts



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Myth of the 20th Century is a show that digs into the stories we think we know and examines the forces that shaped them. Guided by the principle "Only the truth is banned," this podcast peels back the layers of official narratives, exploring the intersections of history, current events, and power. Each episode is a deep dive into the foundational myths-political, social, and cultural-that define our modern world, particularly those emanating from and surrounding the American experience. The analysis is grounded in a belief that what is often presented as settled history is anything but, and that contemporary headlines cannot be fully understood without this crucial context. You'll hear detailed explorations of pivotal events, ideological movements, and the figures who championed or challenged them, all framed by a critical perspective that questions mainstream consensus. This isn't a recitation of dates and names, but a connective investigation into how the past actively informs the present. For those who find standard historical accounts lacking or suspect that news cycles are missing crucial depth, this podcast offers a different lens. It’s for listeners who want their history and politics presented without the usual filters, where the focus is on the underlying patterns and enduring consequences of twentieth-century dogma and ambition. Tune in for a challenging and consistently detailed audit of the century that made us, asking persistently whether the sun truly never sets on the American empire or if that itself is the most potent myth of all.
Author: Language: English Episodes: 50

Myth of the 20th Century
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