Thursday, August 15, 2019

Why Trump equals Trade War Equals yield curve equals recession

Or Why Trump Equals Recession and possibly later a Great Depression. I have been writing about this since Trump was elected in how he is the opposite of what the national and world economy needs.

First of all, our government is not a business. This is the mistake of President Herbert Hoover (who caused the last Great Depression) and the mistake of Trump (who is causing this present recession and possibly a worldwide Great Depression through his impossible Trade War.

The biggest problem is that 59% of the Republicans voting for Trump never went to college or ever studied basic economics. So, they wouldn't understand necessarily how bad Trump is for business worldwide and how he is the death (or will be soon) of most of the poorest people on earth from what he has been doing in office.

Yes. It's true China treats the rest of the world in a racist way which reminds me a lot of White racists in the way they treat all other races too. In other words "China doesn't give any other race the time of day.

Why is Trump Bad for worldwide business and for the poorest people on earth?

Because he is chaotic and unpredictable and this totally screws up all world markets because they are based upon Predictability. The markets worldwide simply don't work with the kinds of chaos that Trump brings to the world every single day.

So, this is why Trump has created a Recession Single handedly. And it is also why Trump will also create a world wide Great Depression Single handedly through the Trade War if he remains in power.

And the U.S. will be blamed for all this.

So, 5 or 10 years from now or sooner I would expect irate Chinese and other people attacking the U.S. for all the deaths and chaos Trump is causing them now. You think I'm kidding? I'm not.

This is really serious stuff folks. The American people will be punished by the Chinese angry people even if Trump has passed away already when that happens. This is Trump's legacy to America!












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