Donald Trump says he will not do a virtual debate with Joe Biden, U.S dollar declines again in fear Joe Biden Will Win the 2020 election – October 8, 2020,
If Trump loses the 2020 election I’d personally attribute it to his handling of the debates, I personally thought Donald Trump was a little too emotional during the first debate, I’m questioning his reasoning for abandoning the virtual debates, which even I admit seems rather weird and I’m also a little concerned about his handling of catching the coronavirus.
I think there’s a method to Trumps madness, after all, we’re still in the early stages of October when I’m writing this, but I have to be honest that I don’t know what to make of it. One thing I won’t question is Trump’s ability to win.
So although I think Trump is making the 2020 elections more complicated than they need to be, I’m an onlooker and I’ll observe the genius at work, yes I call Trump a genius because he’s done the unthinkable if you think about it. Mike Bloomberg who has way more money than Trump could imagine having ran an unsuccessful presidential campaign, so obviously Donald Trump has an ‘it’ factor to him.
With that said and keep the theme in a topic I’m more comfortable with, the markets really hate Joe Biden and Kamala Harris. If the poor and middle class get Joe Biden in the white house they better hope and pray that they’re not decimated by inflation.
The forex markets especially hate Joe Biden, stocks will do what stocks do, but the forex markets every time it’s projected Joe Biden will win the 2020 elections, react and it’s always a negative for the U.S dollar. Now, the interesting thing is Donald Trump wants a devalued greenback, but the Greenback loves ‘The Donald’, it’s one of those things.
On the flip side, Joe Biden if President will be plagued with the same problem Obama had, which was the Green Back retreated until the Tea Party got control of Washington spending. I suspect, this is what the markets are anticipating if Biden wins.
The problem with the modern Democrat Party in this era is that the market participants are simply too smart, the markets look at Joe Biden’s policies and imagine spending into non-productive areas of the economy. Both Biden and trump have HUGE spending plans, but what they’re going to spend money on is entirely different. Furthermore, most of us expect Biden will step down and Kamala Harris will be President, after Harris’s performance during last nights debate I personally find her and her policies absolutely terrifying.
Harris doesn’t look like a good leader, nor does Biden and I think Oil prices will go up under their administration which will be very bad consumer spending and inflation, which the Federal Reserve says they’ll allow to run hot. There’s no getting it, the markets hate Joe Biden.
Lastly, the Far-Left Democratic-Socialism portion of the Democrat Party isn’t’ going away, now I don’t know about the modern Democrat voter, but I know prior progressives weren’t this extreme. Below is a preview of SOME of the socialist proposals which are backed by Reps. Ilhan Omar, Alexandria Ocasio-Cortez, and Ayanna Pressley
Known as the Working Families Party’s “People’s Charter,” the 1,000-word proposal calls for universal free health care, a jobs program employing 16 million people, retroactive hazard pay for essential employees and the reallocation of resources from policing toward education and other services. It also promotes giving the public an ownership stake in firms that receive bailouts, as well as buying out gas and oil companies, among other policies.
Progressives unveil 2021 agenda to pressure Biden | usatoday.com
Interesting times ahead!