Trumponomics: The World's Economy Braces for the US Funny-Math Brexit Election as the World's Most Prominent Economists back Hillary Clinton
Donald Trump's Economy- Funny Math, High Risk, Job Losses, and a Massive Recession
As time draws near to Tuesday's November 8th US Election Day, The US Federal Reserve Bank, financial markets, investors, and the world are bracing for the after-affects of the US Presidential Election. In fact, this may be the most important Presidential election in US history. As a political insider and economist, I've seen first hand the emotional roller coaster ride this election has produced from the very beginning dating back to the primaries. If you've followed the fall and rise of the Euro and the United Kingdom's Brexit vote to leave the EU, the resulting plummeting world markets, and pending EU Brexit reversal by Great Britain's High Court, make no mistake about the choice on Tuesday, November 8th between Donald Trump and Hillary Clinton,
this is the USA's Brexit day. This week the US Federal Reserve Bank again voted to hold off making any fiscal changes in it's inter-bank lending rates until after the election, and it said it could raise interest rates again slightly but will wait and see who's Americas choice is for president, and all markets domestic and abroad are on edge. The Dow Jones posted it's ninth straight low Friday as investors adjust to lucid election fears. Currency, Commodities, and equities are all adjusting and could see short term election volatility. (Update #Hillarally Dow surges up 371 points the day before the election and James Comey news.)
The growing thought between non-partisan economists, is that if Donald Trump is elected, the Federal Reserve Bank and much of the worlds economy will have to act much more cautiously as any wrong move by Trump in international trade negotiation or in foreign policy could send shock waves heard throughout the world. The choice for true conservatism in the US economy is not a vote for Donald Trump but rather a vote for Clinton, as Trump has demonstrated that he is very boisterously anti-US international status quo relations. The result of a Trump presidency could cause worldwide calamity, and is the very reason why the Russian Kremlin is rooting for Trump in US's Brexit Day vote, and it's been well documented that Russian Hackers with ties to Putin and the Russian government have long been active against the Hillary Clinton campaign.
The US voters need to see what Trump and his millionaire campaign backers, foreign hackers, Breitbart and the alt-right news propaganda machine truly are, dangerous anti-government terrorists who vowed a long time ago to bring down America's foundation of Democracy. This US Brexit movement all starts and ends with Trump as he was the creator and the catalyst for the Anti-Obama led "Birther movement" which directly led to the rise of the T-Party and the Alt-Right conservative movement, and the majority of current GOP politicians form an anti-Obama coalition when Mitch McConnell announced to the American People that the GOP lawmakers signed a petition to not work with the Democrats in congress to ensure the failure of Obama's presidency and vowing early in Obama's first term that the GOP will make sure he's not re-elected. What followed was totally absurd. Increasing American consumer uncertainty and decreasing consumer confidence levels which can slow any bullish economy followed by Trump forcing Obama to produce his birth certificate. McConnell and the likes of John Boehner played a major role in the USA's first ever credit downgrade by orchestrating a GOP led government shutdown which resulted in the US's inability to pay it's bills including making payments on the ballooning national debt, resulting in US market calamity and major drops in US markets.
Trump is a great personal divider, not someone who breeds rising consumer confidence levels. However, the biggest problem about Donald Trump and his economic policies are that the numbers just don't add up. Donald Trump's policies are alt-right right funny math, designed to take advantage of those who don't understand economics. When my firm evaluated Trump's proposed budget, tax and revenue cuts, we've found the results to be pure hocus-pocus and alt-right wing babel. In fact, trump's policies cannot add anywhere near the twenty million jobs he says he'll create, and worst of all his policies add trillions of dollars to the US National Debt in a staggering multiplicative fashion virtually doubling the National Debt from over $19 Trillion Dollars to $30 Trillion Dollars (with key expenditures added back, it's actually lareger) by the end of his presidency. Yes, there are current issues that need attention in the US government, including rising healthcare costs and slowdown in GDP growth which is a result of a world-wide GDP slowdown and not only a US economic slowdown as Trump wants you to believe. The world is growing at a 2% pace or less and that is what is in fact slowing US growth which is currently on pace for a near 3% growth in GDP this year. The revelation of Donald Trump's funny-math economic policies recently led almost 400 of the world's top economists, including eight Nobel Laureates, to pen a letter denouncing Donald Trump as a con-man who has magnified flaws in the world's economy, such as the current US positions on international trade and the lack of growth in the US economy, to his advantage manipulating voters by claiming that "only he can fix it" and that "our people are stupid". This is entirely untrue, and more proof that Trump is a snake-oil salesman unfit for the presidency.
Hillary Clinton's policies all but fully pay for themselves adding little to none to ballooning national debt. Donald Trump says he will cut the debt when in fact he will do the exact opposite. Donald Trump is a con-man taking advantage of the US electorate, and US voters need to run from him quickly like the fraud and charlatan that he is. What Trump is offering to do is to run the US economy like its its own high risk high reward hedge fund. The problem with that mentality is the US economy is not designed to run on high risk, and his resulting rewards will be negated by heavy losses in US trade, jobs, Us financials, national debt, and financial markets. The returns that a Trump Presidency would need to attain to achieve the amount of revenue and job growth is undeniably impossible. He is the USA's version of Bernie Madoff who's not licensed or even capable of to running a viable US economy.
About a month or two ago he was left for dead in this election, and now he's back and daring to win the election by pulling ahead, just behind, or in a virtual tie in key battle-ground states such as North Carolina, Arizona, Pennsylvania, Ohio, and Florida. Because of his late surge in the polls, and Trump's apparent backing by FBI investigators (directly linked to Rudy Giuliani supporters) and other law-enforcement officials because of his claim as the "Law and Order candidate", many astute Christian Theologians believe Donald Trump to be "The Anti-Christ" or "Law-less One" written about in the Holy Christian Bible. FBI Director Comey has since cleared Hillary of legal wrongdoing. He has magnified hate and not denounced it, hired the most corrupt campaign members (Rudy, Christie, Steve Bannon), taken advantage of less economically savvy, and led crazy unpatriotic riot like rally's where his supporters not only want to "lock her up" but cried out to execute or assassinate her. Trump is un-American at his core and in fact if your religious, his words and actions are the exact opposite of the Christian Lord and Savior Jesus acted. U.S. Voters need to flee now from Trump and vote for Hillary Clinton before worldwide economic calamity and market instability occurs which will result in major job losses, retirement and investment account losses, and a lengthy recession so large that US economy that may not recover. Donald Trump is in fact "Lawless", and one wrong move while in office could end the economic prosperity the US has achieved in it's recovery since the Great Recession. The world's economies are bracing for the results of Tuesday's US elections. A vote for Trump is in fact a vote for the same Charlatan who stalled post Us recessional growth.
Billionaire Investor Mark Cuban endorses Hillary Clinton for President
You Have a Chance & a Right to Stop Trump and His Anti-American Policies & Rhetoric. Vote Hillary Clinton on Tuesday November 8, 2016