More Signs of economic DEFLATION: Joe Biden repeating the mistakes of Barack Obama: The Taliban take another Afghan provincial capital – August 9, 2021,
So I will make it clear that I was not a fan of Donald Trump’s stance on the Federal Reserve, Donald Trump for the most part financed his oppositions campaign, had Jerome Powell been allowed to normalize interest rates during the “BEST ECONOMY EVER?” chances are the Democrats wouldn’t have had s much money to finance their campaigns.
All that aside, what Donald Trump was good at was his job description, for whatever reason ISIS disappeared during the Trump administration and they stayed disappeared, during the Trump administration, the Taliban was viewed as a dying relic of the past, well things have changed under Joe Biden.
It’s not only that Joe Biden has decided to bring U.S Troops home it’s the INHUMANE way Joe Biden brought home U.S troops. There is no perfect way to bring home U.S troops, but from an economics perspective, if you’re going to withdraw troops from Afghanistan, it might be a good idea, not to overly regulate the U.S economy, which benefits the nefarious activity as it promotes the idea that investments are better served outside of the United States.
The entire concept of bringing peace to the world under the leadership of the United States is to make the world want to be more like America, not for America to be more like a failing Europe. People don’t replace their U. banknotes with Euro banknotes because the larger economies in Europe punish success at every level.
Regressive taxation is tax of choice for Europe and paying for this deflationary economy can only be achieved by borrowing money. Add to the reality that the E.U loves to regulate everything and you quicky see why the European Union is destined to fail, now if America hopes to repeat the coming E.U failure, investors re going to price that into their investments and as I’ve written about in the past, nobody cares about the U.S embargoes on Iran or Cuba, money goes where it’s treated best and the U.S dollar is more decentralized than most people know.
Obama paid Iran with CASH, Iran demanded U.S dollars, and Obama delivered and from there ISIS spread like wildfire, Joe Biden is basically repeating what Obama did, Democrats tend to believe that negotiations equate to throwing money at problems and throwing money at problems is DELFATIONARY.
When the government gives undeserving entities cash windfalls, the money will often be malinvested, because there’s usually a good reason why certain ventures are financed by the private sector. I personally do not give my money to charities without doing my due diligence, I am the same way when I invest in certain companies. We’ve all seen corrupt charities and companies being finances by the U.S and other governments, this financing to criminal activity isn’t always directly, by the way, sometimes the government will give money to “charity A” which then sends money to criminal “charity B”.
This is called malinvestment, but it’s often lost in the narrative that will be pushed by the mainstream media because during periods of instability, the mainstream media becomes patriotic, what led to these disasters no longer matters, what matters when ISIS is running around terrorizing everyone is stopping the threat. Make no mistake about it. The story below rests on the shoulders of Joe Biden
Taliban press on, take another Afghan provincial capital | cbc.ca
Interesting times ahead