COMMENT: I had assumed you have been only a Trump supporter. It has been emphasised that I used to be incorrect and that you’re in the course of calling the occasions economically. I used to be informed you latterly mentioned that Trump may go down as Herbert Hoover and that he can not forestall the recession from occurring. Would you please elaborate on this and why you aren’t within the center to start with. That’s uncommon lately.
Thanks on your time.
Doug
ANSWER: The pc forecasts all of those elections worldwide, and it has by no means been incorrect as a result of it isn’t partisan; it simply follows the economics. Plain and easy. Any unbiased evaluation will all the time present that if you happen to flip the economic system down, the folks will vote them out of energy whatever the celebration.
I’m anti-Marxist. I went behind the Berlin Wall earlier than it fell, and I used to be known as in by China in the course of the 1997 Asian Foreign money Disaster. So, what I’ve seen has formed my private beliefs. Like climate, an excessive amount of warmth or an excessive amount of chilly and you’ll die. The identical is true in economics. That’s the reason I’m in the course of the highway, I suppose. I see authorities as all the time the issue, for they presume they will manipulate We the Folks all the time to retain energy. They’re useless incorrect.
Now, as for Trump turning into Herbert Hoover II, I’m certainly not a Democrat and at instances, I’m barely a Republican. We’re heading right into a recession that can flip right into a Melancholy for some international locations as a result of now we have a Sovereign Debt Disaster that won’t stay silent for lengthy. Trump and his folks have grabbed the scepter, and so they turn into mesmerized by the ability and assume they, too, can dictate the economic system. Sorry, there’s something we name the enterprise cycle, which is international. The primary acknowledged international contagion was the Panic of 1857. We can not ignore the financial situations externally. Trump desires these tariffs to finish the commerce deficits. That’s old-school pondering, and it’ll fail. Elevating tariffs will trigger deeper recessions outdoors the USA and which means the US exports will decline. As that declines, it can create a worldwide financial contagion and that can come again to engulf the US economic system.
I can preach till I’m blue within the face. They are going to NEVER take heed to me BECAUSE they’re all caught up in their very own energy. It is sort of a man has a gun, and he says your cash or your life. Are you going to lecture him that weapons are unlawful and not using a allow? Good luck on that one.
With all due respect for Trump, that is simply the incorrect time with the dangerous concepts as a result of the disaster is past simply the USA. Until you perceive the world economic system as a complete, this is not going to finish nicely. Trump will hit the bottom operating and should rating some success into 2026. Thereafter, issues will get critical. Sure, the political system and the rule of regulation is full rubbish. It will assist post-2032 with the reform and creating a greater political-economic system.
That is how the enterprise cycle will unfold. It actually doesn’t matter who’s president. The worldwide economic system will flip down. Kamala and the Democrats would have been a complete catastrophe and we might be in World Battle III very quick. The Democrats mentioned they have been defending democracy in opposition to Trump. They have been really stating their very own agenda.
Biden was a placeholder – nothing extra. He was not the president making the selections – that was, I imagine, the Neocons led by Antony Blinken no totally different that Dick Cheney was actually president underneath Bush Jr. The Neocons have usurped American overseas coverage and did every part to push us into World Battle III. This was a coup in opposition to the American those who the press would NEVER cowl, no much less examine. Biden was in a task for which he was unfit as a result of he could possibly be managed by the Neocons. They picked him, which is why you had Republicans for Kamala to maintain that energy play. The Democrats change Biden with Kamala who can be one other placeholder who by no means one a single delegate within the earlier presidential major. She misplaced each battleground state. On a regular basis, the Democrats pushed Biden off the ticket and made her the nominee with out giving voters the slightest say, but had the audacity to say this election was about Democracy.
The Democrats would misinform your face that Biden was OK. Had the shoe been on the opposite foot, the Republicans would have performed the identical. Rule #1 in politics is NEVER admit a mistake. I’ve handled extra governments than most likely any analyst or all of them mixed. I’ve seen contained in the stomach of the beast, and I can not mindlessly be in both celebration. It can all the time come right down to the conclusion on the finish of the day that will probably be authorities vs. folks, and historical past will attest to that assertion. If a commentator solely helps one celebration, you’re listening to a idiot.