The Big Screw

Here is an article from today's Washington G20 meeting.

When you have all these elitists scrambling about saying something needs to be done and directly or indirectly referring to the current presidential race, you know Trump traction is a hell of a lot more than the hatchet job these people have been trying to sell about Trump and his supporters.

As we have said before: leverage is hard to come by. Give it away at your own peril and freedom.
The populist word is getting worked extraordinarily hard these days for a reason--it's resonating. The in-crowd realize the threat they're facing, not globalization. That's just the meme they use to try to protect the status quo, their territory. They want to toss a crumb or two your direction and then return to business as usual without substantially changing what is a rotten banking system to list just one thing. There are a host of others like massive bureaucracies and centralization.

The global economy never included you. The benefits for you were smoke and more smoke. These people are master marketers. To claim ignorance is too coy. They knew who was going to benefit from globalization. And it wasn't you. As globalization and so-called free trade ripped through the world real wages remained stuck in a quagmire. Forget trickle down. This was about trickling up.
And it still is, thus the meter on the fear gauge is all alight.

Screwing the populous is one thing, but when you arrogantly try to screw them without giving them the courtesy of letting them drop their drawers, they're going to pissed off.

Here's a couple points from the article you should note.

1. At the same time, all the officials acknowledged that, as politicians like Trump have been arguing, globalization has hurt certain populations and in some cases exacerbated inequality.

Here's an open admission after all this time of the so-called big benefits of globalization, inequality is not only still around but worse in many cases than ever. So without all the uproar when and what were their plans to do anything?

2.  Meanwhile in New York, negotiators on the Transatlantic Trade and Investment Partnership responded to the political attacks on their talks by saying they were determined to push toward a deal, which would establish the world's largest free trade zone.

It doesn't matter what you think or want. They're going to shove it down your meaningless throat. We know best.
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Washington (AFP) - The G20 warned Friday that populist politicians playing up anti-globalization and anti-free trade sentiments were putting the global economy at risk.

The grouping of 20 economic powers suggested that the forces that have put Republican Donald Trump within reach of the US presidency and led to Britain's vote to leave the European Union could stall already frail global growth.

While not mentioning Trump or other politicians by name, China's Finance Minister Lou Jiwei, speaking on behalf of the G20, identified such voter-luring populism as one of the largest threats to the economy.

"This trend of deep anti-globalization populism has driven politicians to come up with their campaign slogans and try to win the votes and support. That has brought us uncertainty," Lou said after a G20 finance ministers meeting.

"We need to recognize some political risks such as the presidential election in some countries and in major economies," he added during the IMF-World Bank annual meetings in Washington.

- Trump, Brexit in focus -

Lou's comments came as the US presidential race entered its final weeks with upstart Trump wielding potent anti-immigration, anti-free trade rhetoric in his battle with Democratic rival Hillary Clinton.

But also in the background are the populist currents in Europe behind the Brexit vote and those affecting the coming French and German elections.

https://www.yahoo.com/news/g20-warns-rising-risks-global-economy