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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (131904)	3/10/2017 7:43:59 PM
From: Elroy Jetson	Respond to of 218030

Manufacturing took a detour on its way to automation, relying on low-wage human robots in emerging market nations like China. The effects of this were salved in America for a long period of time with asset inflation driven by debt creation in real estate markets. Almost all nations face the problem of an aging population which has mired Japan for decades. This problem will be more pronounced in nations like China, due to the one child policy, and countries like Russia and parts of Europe where the age imbalance has not been ameliorated by immigration. The Republican Party made a fateful decision that the best way to deal with an aging population was to make major cuts in Social Security and Medicare benefits for the elderly. One by one their candidates were trotted out to insist these retirement programs needed to be cut significantly and they imploded like Jeb Bush who saw his support fall from 16% to 2% within two days of his announcement supporting major cuts in these retirement programs. Seemingly, Donald Trump was the only Republican who understood you cannot win an election in America by promising to leave the elderly destitute. Trump decided to run largely at the urging of Bill Clinton who told Trump his views were not being represented in the Republican Party. Bill Clinton has known Donald Trump for many years and knew he understood little or nothing about our economy, but thought he could win the Republican Primary on the basis of supporting Medicare and Social Security. In the general election, Trump's ignorance would be made clear and Hillary Clinton would naturally win. But things didn't go to plan.

To: TobagoJack who wrote (131904)	3/10/2017 7:44:14 PM
From: Elroy Jetson	Respond to of 218030

During the election Donald Trump accepted the support of the far-right-wing Hedge Fund owner Robert Mercer who with his daughter Rebekah had funded Breitbart News. Robert Mercer made his money using computer programs to front-run large trades made by Goldman Sachs, Chase and other investment managers. While this made Mercer one of the wealthiest Hedge Fund owners, it does not provide him any insights to improving the American economy. The price of accepting the Mercer's help was he had to fire his campaign manager Paul Manafort and accept ex-Brietbart editor Steve Bannon as his new political manager, and had to agree to hire Rebekah's personal assistant Kellyanne Conway. Trump was allowed to keep on his friend Senator Jeff Sessions who shared the racist KKK views of Donald Trump's father. In a way Sessions has been a father figure for Trump. With the Mercer's money Trump was able to make a big push and was elected, which likely surprised Donald Trump more than anyone else. The problem is, neither Trump nor any of the Mercer's appointees have any idea how to improve the economy. Nor does Mercer unless he can successfully apply his techniques of front-running to the economy. So Mercer's underling are being held to reality by unexpected sources. Rex Tillerson, the former CEO of Exxon who understands CO2 and other gases are causing an unacceptable climate change, so as Secretary of State is using what influence he has to keep CO2 and methane reduction on track. Attorney General Jeff Sessions has revealed his primary legal specialty is perjury, something not even a young naive lawyer would so easily stumble into. And Paul Ryan continues to try to educate Trump about the functioning of government while having to deal with the "Freedom Caucus" in the House which made John Boehner's job impossible and will end Ryan's career. First up, Trump has a replacement plan for the Affordable Care Act which will cost Americans more and impose huge penalties on them if they go without health insurance for more than two months. This bill violates every promise Trump made and will not pass the Senate. As a result this "repeal" of the Affordable Care Act is dead on arrival. The irony is due to the far-right "freedom caucus" this bill may not even pass the House.

To: TobagoJack who wrote (131904)	3/10/2017 7:49:25 PM
From: Elroy Jetson	Respond to of 218030

The real question for the global economy is whether Trump will be able to impose a high-tariff regime like the Smoot-Hawley Act of 1930 through a series of Executive Orders. It's seems highly unlikely that the Republican Congress will act as an accomplice in imposing the Act which made the Great Depression so much worse and bankrupted most businesses. But there's always room for surprise as the Mercer's have already demonstrated. I don't expect any 'improvements' to come out of the "Nothing Box" apart from lower income tax rates for Hedge Fund owners like Robert Mercer. - en.wikipedia.org That's my best understanding of what has happened and what will occur next.