The Joe Biden administration is a Negative for America’s Poor and Working Middle Class but could prove a positive for foreign investments – November 23, 2020,

We’re getting a glimpse at the Joe Biden administration and quite frankly as presently constructed I don’t know how this benefits markets or America’s working classes. His added regulations and higher taxes will serve as a temporary stimulus to the public sector, but Joe Biden’s team has corruption written all of it.

The rich typically get richer under Democrat leadership which tends to equate to Republicans gaining even more control, unfortunately, Democrat leadership also equates to open borders, which is the Democrat tool to grow their voter base.

If this voter fraud issue isn’t solved by 2024, America could indeed swing too far left to be saved as there’s one thing we all know for sure and that is that the wall Trump was building will not be completed with the Biden administration and Biden will more than likely invite more people into America who will gladly vote Democrat once they become naturalized citizens.

What will be obvious if Joe Biden is able to steal this election is the limited access he’ll give to the media and how slow he will be to act, when he or his administration can not directly profit from a new law he will pass. It didn’t take Obama long to bail out Wall Street, but Obama never did get around to helping Black America.

Barack Obama talked a good game, but for the most part, he did nothing, the same I expect will be true of Joe Biden and his administration. The teachers unions will get their money and the students ill get the shaft, the contractors who lobbied for Biden will get their contracts, while the middle class pay for the increases in the cost of living, the U.S dollar I expect to fall before the currency wars begin which will raise the U.S dollar in comparison to other currency but raise the cost of living.

I suspect widespread fraud in this election, but it doesn’t matter if Biden does indeed win, because Americans will have to live through it and unfortunately I believe Americans are going to feel the pain of a Joe Biden administration in their pocketbooks.

Biden could be a positive for foreign investments

On the positive side, Joe Biden will be a positive for foreign investments especially once the currency wars begin, people often forget that currency wars are usually a race to the bottom because the global economy is deflating namely in productivity on the surface it appears that America is benefiting, unfortunately, it’s the American dollar that benefits from global deflation, not the American people, because the cost to operate the U.S government will be more expensive under Biden.

So although there might be a stimulus, the stimulus spending will be soaked up by the higher cost of operating America’s private sector, which ultimately means that U.S dollars will be better served overseas. Under Obama, people were openly talking about spending and investing their U.S currency in China.

So even though the global economy was deflating, the Obama stimulus raised the cost of living for Americans, while the rest of the world’s investors deemed it smarter to spend their greenbacks elsewhere. This, of course, equated to fewer jobs for Americans, and then, of course, there are the open borders which made finding a good-paying job even harder.

If Biden did indeed win by the margin suggested, Americans have officially shot themselves in the foot!

Interesting times ahead