At the moment the Forex Markets are indicating Donald Trump will win the 2020 election – November 1, 2020,
As I’ve stated in many posts, I do forex trading and currently, all signs point to a Trump victory in 2020. I’ll check again in 12 hours. Based on Trump’s economic policies, which aren’t perfect, are better than a lot of the other Western countries, a lot of Western nations are going to find it a bit more challenging to attract capital in the next two years even if Donald Trump wins and the U.S political system is stagnant.
Trump’s prior economic policies are enough to carry America through for the next 2 years based on our analysis. With that said, a lot of Western Nations are on lockdown and their already bloated governments are taking in debts that are guaranteed to debase their currencies, which from a currency perspective equates to everyone jumping into the Dollar.
Trump has also signaled lower taxes for all Americans, which is bad for Leftists politicians all over the globe if America ends the shutdown. I’ve stated in prior posts and stand by it, in 2007-2008 the U.S economy crashed and brought everyone down with it, if Trump wins the 2020 election I think a lot of citizens in the developed world are going to default on their U.S-dollar-denominated debt and create a worldwide currency crisis.
People forget that the U.S dollar is the de-facto currency and although America’s public sector is Trillions of dollars in debt, people forget that there is still a global demand for U.S dollars, which equates to developed nations having to borrow money in U.S dollars. In easier to understand terms if Donald Trump wins debased currencies are going to hit the countries with high tariffs like a ton of bricks.
Sure Trump is labeled tariff man, but his tariffs are actually in response to what other developed nations were charging. Donald Trump is a rare individual who bought raw materials for a living, meaning he comprehends trade barriers. If you actively trade on the forex markets, chances are you’re well aware of the fees charged for changing your currencies, well it appears a lot of forex traders are getting ahead of curve and this to me looks like Donald Trump is going to win the 2020 election.
I personally think the Leftist media is demonic because most people know that Democrats are bad for the U.S dollar. If the U.S dollar begins to fall it means Joe Biden is going to win the election. So I’ll probably give an update in 12 hours. If Joe Biden wins you’ll be lucky to have read this post because I will tell you to sell your U.S dollars as soon as you can, because what some people in Forex will do is they’ll wait until Biden does something bone-headed before dumping their U.S dollars and once that sell-off comes it’s going to get really ugly because as was the case in when Obama was President Switzerland and Japan had to go negative interest rates because Obama’s economy was so bad.
I know Democrats hate to hear this, but there was no Obama recovery, all the properly structured economies dropped their interest rates to negative to prop up the U.S economy. Because it’s very hard for developed economies to function with a very weak U.S currency, which obviously angers Americans who want to end the Federal Reserve System.
If you’re wondering why Globalists prefer Democrats, look no further than currency wars. Anyway with that said currently Donald Trump appears to be winning the 2020 election according to the Forex markets. I’ll check back in 12- 20 hours!
Interesting times ahead!