In Trump's joint address to the House and Senate yesterday, several ceremonies that showed the tradition of U.S. Congress before his absurd speech still showed the tradition of U.S. and European parliamentary democracy and exemplified that parliamentary democracy is alive. It is a scene where Supreme Court judges enter side by side and administration ministers line up before the president enters, receiving applause and hospitality from lawmakers who came in beforehand.
The President's Speech, an administrative event, was held in Congress, the legislative body, the judiciary, the last cap of the separation of powers, the attendance of its representative Supreme Court judges, and the ministers of the executive branch... It symbolically showed that the fact that the representative body of the people is still Congress and that the three powers are separate will remain the same. It shows the last pride of the West, which values tradition and honor. Of course, the emotion was quickly shattered by Trump's shallow speech...
Last night, Trump's suspension of tariffs on automobiles for another month raised the U.S. and our markets, and they are showing strength. Can we trust the president's words to change major policies as if he is flipping his hands? If so, there is nothing strange about hitting auto tariffs again today. It is spontaneous and has not changed anything from the appearance of "The Apprentice," which I watched and liked a lot in the past. It was fun then, but I think the future of the U.S. is already decided if the country's management is the same as then.
As it is certain to reduce support and contributions to NATO, Europe, especially Germany, is taking this opportunity to increase its military power against its own will. Germany, the defeated country in World War II, cannot miss this opportunity, so it is said to defend itself by using the Ukraine crisis and Trump's blatant neglect of NATO as an excuse for military increase, but is trying to increase its military power. Prime Minister Merz is proposing to invest 500 billion euros over 10 years to revitalize the economy, and to make an exception for military expenses that are currently prohibited from exceeding 0.35% of GDP, especially in order to strengthen military power, even if they exceed 1% of GDP. The phrase was announced after the coalition negotiations between the German CDU and the Christian Social Democratic Party (CSU) and the Social Democratic Party (SPD), so I believe that the passage of the parliament will be soon. Arms Competition....
Germans and Europeans are most wary of Germany's rearmament, and Germany has suffered from deadly hyperinflation since World War I, which is extremely distasteful not only for individuals but also for the nation's debt increase plan. If the U.S., a police state, no longer protects the order and well-being of the world, countries will have no choice but to increase their self-defense capabilities. Trump made the remarks as if implicitly acknowledging North Korea's possession of nuclear weapons. Shouldn't we then make a deal to get the last stage of nuclear processing that can make nuclear weapons by twisting his words? That's why we need to elect a representative as soon as possible.
The market is doing it as defensively as possible because they don't know what Trump will say when we sleep. I think we should trade options around the scalping deal. I wish someone could shut up Trump. I only remember what Robert De Niro said at an award ceremony, which is spreading again these days.
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