2018-06-02 14:10:15 UTC
Trump says he wants financial services cut back immediate.
Currently it is 25% of global trade and it needs to be 3% in
line with US population size.
With trade war where US that makes up just 3% of the world
population is seeking to profit from global trade war looks
like is not working as all the companies sell to the
rest of the 97% of the world and make more money.
The same must happen in financials Trump says.
Currently US does 25% of the global trades in financials
and want it to be cut back to 3%. The world needs to do its
own financial trades. Set up its own stock markets and
make its own currencies work. The USA cannot be the only
place for global trade. The world needs to make itself trade
in a basket of global currencies such as Euros, RMB, Yen
and Rupee which the majority of the population use
particularly when trading in oil, minerals, and metals.
Companies like Visa which had a global outage this week will need
to divest all its offices in foreign countries and keep
all the profits in their countries from now on Trump said.
America does not need to be the bank for the rest of the
world and needs to cut back its service sector
servicing foreign nationals and keep its borders safe
from foreign currency he re-iterated.