Tuesday, August 13, 2019

Trump's Trade war is likely taking the U.S. and world into a recession or Depression

It's hard to say at this point where Trump's Trade war is actually taking us but all indicators are that Trump's Trade war is taking us into either a recession (maybe like the Great Recession) or even another Great Depression unless the Trade war ends soon.

It's hard to know what is actually going on in Trump's mind. China has ALWAYS played by it's own rules and doesn't really care what the rest of the world does. To some degree the U.S. in it's comparatively short history has been like this too. Both countries are extremely ethnocentric and unfortunately ethnocentrism breeds racism in both China and the U.S.

The three most ethnocentric and racist countries tend to be: China, Russia and the U.S. which is why conflict between these three countries in the short and long term is likely either through trade or actual war. The likelihood of physical warfare is slim simply because nukes will end planet earth if this gets out of hand. So, we are much more likely to see increased Cyber Warfare and Trade Wars between Russia, China and the U.S. during this century at the very least.

But, at this point the only way maybe to end the Trade war and another Great Recession or Depression (possibly worldwide) might be to impeach Trump at this point. So, I'm thinking the pressure from both parties to impeach Trump is going to build pretty fast now if this is logical.

However, Republicans (especially those who haven't been to college) are often voting for things that are counterproductive to the survival long term of they and their families, so it's really hard to say how this goes now. 59% of the Republican electorate has never been to college at this point which is the highest in the last 50 years or so for the Republican party. So, almost anything could happen now.

My point of view is that Trump is the middle class white Republican revenge on the U.S. for the Great Recession that financially destroyed most of the middle class by stealing their homes through bad loans. This revenge the way it is going now could be the end of the U.S. democracy in a Republic quite easily.

But, the complexity misses many people who haven't been to college and learned Critical thinking which could be the end of us all in the next couple of years.

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