The Pump and Dump Economy: The Blame Donald Trump for Joe Biden’s Stupidity era begins – November 24, 2020,
There are two things I thought Donald Trump did wrong, the first was jump on Jerome Powel for raising interest rates and the second thing Trump did wrong in my opinion was the coronavirus stimulus checks. Obviously not taking election fraud seriously was Trump’s third mistake, but because voter fraud was so thoroughly orchestrated and so widespread, I guess no one could have seen that coming.
How Joe Biden Can Rein in Donald Trump’s Reckless Middle East Policy | MSN
With that out of the way, let’s talk about what Trump got right, 1st thing was his Nationalism (America First) message this inspired the world to consider putting their countries interest first, secondly, oil, Trump was all over the foreign oil producers to keep prices low something a lot of people are ignoring, thirdly cutting regulations for businesses Trump got right.
Trumps Israel-middle eat policy he got right, building the wall he got right, a merit-based immigration plan he got right, making big pharma compete he got right, making America energy self-sufficient he got right, the world wants America to lead instead of following he got right and not overlooking the Black and Latino vote he got right, bringing back American manufacturing he got right, the Chinese Communist Party being a threat he got right, I’m sure there’s a lot I’m missing here but considering the circumstances I thought Donald Trump’s vision for the U.S and the world economy was genius.
All that aside, a few things that you should expect under Joe Biden especially when you look at his transition team… is a globalist approach to governing which ultimately leads to a lot of conflicts, most nations reject Globalism. The main conflicts in the world stem from people rejecting globalism, nobody likes to be forced into a Global-Socialism system, designed for them from foreign nations.
Iran sees foreign firms returning if U.S. lifts sanctions | MSN
So you’re going to start to see problems you saw under Barack Obama, wars springing up all over the world as Bidens team looks to consolidate power to their preferred political candidates, what Trump did in the Middle East was he cut deals with nations individually making them all feel like they were part of the process, Joe Biden similar to most other Presidents is going to pick and choose sides, which is the method globalists prefer.
Under socialism you can’t cut a deal specific to one country, socialists prefer a one size fits all approach, which is a bully tactic. Now, when these conflicts start it’s going to hit the economy hard, namely commodity prices, we’re currently in a deflationary economy, but with all the money printing it doesn’t feel like it, but under the surface of all of this money printing are countries trying to get around the U.S dollar monopoly.
Now, getting around the U.S dollar monopoly shouldn’t be confused with dumping the U.S dollar, individuals, governments and business, of course, would prefer to have their cake and eat it too, but Americans are getting poorer with their own currency, primarily because of the cost to run their government and because Biden’s team is filled with Globalists expect the dollar to decline before the currency wars begin.
Russia Warship Threatened to Ram U.S. Destroyer, Claiming Violation of Its Border | MSN
The U.S dollar declining has to be measured against something other than other currencies. The U.S dollar shouldn’t only be measured against Gold, it should be measured against the price of all commodities, Stocks the cost of living in the U.S, food prices, U.S pension obligations, taxes in the United States the size of the U.S public sector, minimum wages, social securities, and how the dollar responds to conflict.
The Casino economy is back and a quick reminder that the economy never recovered under Barack Obama or Donald Trump, the banks merely provided financial liquidity, the price of liquidity will cause the cost of living to rise and the only way to fix this problem if you’re not going to cut regulations is by raising interest rates.
Malinvestment has to get out of the system and if the economy is unable to deflate because of stupid laws like the minimum wage, the economy has to be restructured the way it was restructured after FDR prolonged the great depression. When the government over regulates, the private sector has to find ways to find and maintain profitability.
This is why currency wars are expected, American industry fled to China because of Obama’s regulations. Any recovery Americans thought they had, came from cheap Chinese crap made with devalued Chinese renminbi that Americans were able to buy because of the artificial strength of the U.S dollar.
Can a digital dollar save the United States?
Americans still hoard a lot of cash, Americans aren’t pro-digital currency, in Sweden they’ve gone almost cashless, but a lot of Americans don’t have bank accounts and don’t want bank accounts, a lot of Americans hate banks, this also includes people who would consider themselves Biden supporters. The Amish still exist in America I don’t know what planets some people are on to imagine that everyone is on board with digital currency.
Doxing = search for and publish private or identifying information about (a particular individual) on the internet, typically with malicious intent. Doxing makes your private information public and can cost a person their life or livelihood. It’s a common socialist tactic to make life a living hell for their opposition
Ultimately Biden reminds me of the Obama years, the difference being the socialists are no longer hiding, they’ve OPENLY joined forces with the Democrat Party, I expect Kamala Harris to be President or very influential in the decision making, I also don’t think the Senate will belong to the Republicans, under pressure I believe most Republican Senators will fold, doxing Republicans is normal now. I see a pump and dump economy if Donald Trump concedes. A pump and dump economy during a deflationary period, where money printing is expected to fix the problem WOW! let’s hope I’m wrong!
Dow Jones hits 30,000 as Wall Street bets on 2021 bounce | MSN
Interesting times ahead