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Summary
Phil announces availability of the February 2025 Melbourne Event recording. Topics: PSE 2025-2028 roadmap, Australia’s prior tariff policy failures, US trade history, Trump tariff impacts (downturn, inflation, trade isolation), land prices/taxation/speculation comparison (US, China, Australia), real estate cycle linked to historical and planetary cycles, erasure of economic rent from mainstream economics, sovereign wealth funds vs. privatized resource wealth.
Key Claims
- Australia’s historical tariff policies didn’t work — same lessons apply to Trump’s. — confidence: high
- Trump tariff policies will lead to downturn, inflation, and trade isolation. — confidence: high
- Understanding the North Node timing is essential for cycle forecasting. — confidence: high
- Sovereign wealth funds (collecting economic rent) vs. privatized resource wealth is a key contrast. — confidence: high