Saturday, August 31, 2019

Will American Talk itself into a recession or Depression?

I'm thinking that it is not people doing this but rather the Chaotic way Trump does things bringing on recession.

The markets hate Chaos. This is a given of all markets worldwide. So, when you have someone like Trump the markets are going to go down eventually no matter what unemployment is doing.

But, then you add the chaos of the Trade War that Trump has started and then you have the potential for a world wide Great Depression at least 10 times worse than the original one in it's effects on the world wide poor and middle Class.

So, at least at this point I"m expecting a minimum of 100 million people to die during the next 10 years or so (whether Trump is alive or president or not) just from the damage he has already done to alliances and world markets. And with the damage caused by the trade war it is even possible that up to 1 billion people could eventually starve to death from all the ramifications of what has been done by Trump already. Part of these people are going to die from the Rainforests burning up in the Amazon which likely will reduce available oxygen to breathe worldwide by up to 10%. So, people with Asthma and allergies and other breathing problems are much more likely to die from now on with less oxygen available to breathe worldwide too.

And Global Warming will be far worse too. For example, I'm thinking there may even be a Dorian Hurricane that is a Category 5 that might even basically turn southern Florida into sort of an island when it hits. (Even if this storm doesn't do this it is predicted that this likely will happen within 30 to 40 years time caused just by hotter, Faster and stronger hurricanes hitting Florida.

Also, the ground is so saturated in Florida right now that the water simply cannot be absorbed at all. So, it's all going to just run off and cause various kinds of flooding and storm surges.

I was also reading how many many gas stations are running out of gas throughout Florida and desperate people unable to get gasoline are just parking their cars at gas stations and walking home. So, many will not be able to escape even if they wanted to.

Another thing I just realized: A Category 5 hurricane hitting Florida and destroying Mar Lago which is very likely to happen now and the Florida Economy for months if not years could EASILY start a recession by January or February at the latest (especially because Trump has stolen FEMA recovery money from Fema for the WALL Now!)

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