Category: Trump wrecking the U.S. Economy

Stock Market Update and Trump Tariffs

March 6, 2025

All the gains made by the stock market yesterday are gone, and market trading for the day is only half over.

Yesterday the DOW gained about 500 points, but immediately after the opening bell this morning, the DOW fell 400 points, because the European markets were falling throughout the night. There was a bit of reprieve around 10 AM and it looked like the losses were being made up around 1:30PM ET, but just short of the even high mark from yesterday, the DOW spiked downward again. It dropped down to 42,398 which is the worst mark of the day. But again, it is rebounding but indicators show that it will continue to drop more than rise. Soon the world will look at the United States as NOT the richist country in the world, as they already no longer admire us. Thank you President Trump!

All of this is unfortunate. People are loosing millions of dollars in stocks alone, as Donald Trump claims that we need to feel a little pain. Maybe a million dollars here and there is nothing for Trump or Musk, but it means someone’s entire life savings to the rest of us.

Years ago, I invested heavily in stock, and I lost my butt. I will never recover from that, as it was the majority of my retirement savings. It hurts me to see that what is actually happening is chaos created by one man and his selfishness, and his ignorance to leave what was actually working before, to just leave it alone. He is making the entire country experience what I had to. I know the feeling of loss. It never went away. The financial crisis of 2008 is nothing compared to what is about to happen if Trump doesn’t get off of his high horse and try to right at least some of the things he has done wrong. Unfortunately, what Trump has done already will be felt by Americans for years to come because noone would expect an immediate rebound if Trump decided to stop all Tariffs and mass firings of many working people of this country. All because he claims the country will have to feel some “pain” before things get better.

Trump has never felt real financial pain. He never lived on the streets. He never had to worry about having enough food to feed his family or try to find money to pay his bills. He is so corrupt that even with the fact that he has money, he didn’t pay all of his bills or his taxes. He was born afluent. His dad gave him millions of dollars and he floundered it, just like he is making us loose our money today.

Before Trump, we did not have our closest neighbor, Canada initiating tariffs on us. We never needed a wall to keep them out of our country. They are our friends, or used to be. Because of Trump’s tariffs, the country of Canada is informing its citizens not to use American made products, and the American made products that the companies already purchased from America to be distributed out to customers are being pulled off of the shelves, which means that Canada won’t pay the tariffs that Trump demands, they will just no longer import those goods. In the mean time, they initiated reciprical tariffs.

Canada has stated time and time again that they are not in favor of any trade war, and would never initiate tariffs on the United States like we are on them. Donald Trump needed to have that mindset. For heaven’s sake. They are our friend and closest ally by far. But he has turned all the citizens of Canada against the United States. Because of what Trump has done, now there is hardship on them. In a recent poll conducted by Canada, citizens say that they now dislike the United States. Our closest neighbor, now that is saying something.

A majority of Canadians who have property in the United States are selling their properties now. They want no part of the United States.

The sentiment in Europe is the same. Countries supporting the EU are making deals amongst themselves without any consideration from the United States, because they now feel that Trump has abandoned them and so they are out on their own. They will make all of their decisions without the United States.

Soon, Trump may decide to leave NATO. If he does that, his actions will hurt NATO greatly and make Putin of Russia very happy. But everything Trump has done since he has become president makes the Russian president happy. Case in point, Trump has stopped all military support to Ukaraine. All weapons and materials that were in flight to Ukaraine were stopped and turned around to return to the United States. Putin loved that. So what does Trump do. He decides to no longer share military intelligence with Ukaraine. So now, the war-torn country of Ukaraine has no idea what Putin plans to do next. Trump is punishing Ukaraine. He has taken sides with Vladamir Putin of Russia. Europe can no longer trust us. The free world can no longer trust us.

The Ukaraine president may cave into Trumps demands to stop the war. It’s been raging for 3 years now.  Trump claims that he is communicating directly with Russia in negotiations to stop the war, but NOT with Ukaraine involved in the talks. Why? Because Trump is a friend of Putin and not of the President of Ukaraine. So Trump expects that when he clicks his fingers, that the Ukaraine president will jump. Who in the hell does Trump think he is? If he thinks he is the leader of the free world, soon he won’t be. Trump is causing permanent harm to the United States.

 

 

Donald Trump and Elon Musk Now Targeting Social Security

March 5, 2025

Today we got a reprieve from the falling stock markets, as the Dow went up almost 500 points, thank God. But it wasn’t for what Trump said last night in his message to the joint session of Congress. Trump can’t help himself. He doesn’t know what to say and when to say what it would take to HELP the markets. Everything that Trump does causes pain to the American people, and recently he stated as such saying that the country needed to experience some pain before things got better. The reason for the stock market rise was because two of the 30 major companies that comprise the DOW had quarterly reports show minor gains. That is just one day out of the last 7. But for the last week of trading, the markets dropped over 1300 points, so the slight recovery that was experienced today what just what it was, a temporary reprieve from what’s about to happen. So instead of talking about the stock markets tonight, and the economy, let’s shift gears and talk about Social Security because I sincerely believe that Trump is targeting Social Security next.

It is possible with Trumps threatening reductions of the SS workforce,  they really want to cut Social Security? This is fact. It is at the top of Trump and Musk’s minds. It is possible that in a very short time under the influence of DOGE, the Social Security administration may cut up to 50% of its workforce, laying off more than 7,000 people. They will be closing down social security offices in red states and blue states. That is already occurring as offices throughout the country are already closing.

Trump’s partner in crime – Elon Musk, calls Social Security “One massive Ponzi scheme”. In other words, he is calling it fraud.

Then wouldn’t you know, Donald Trump in his Tuesday speech to Congress claims that he found “probable fraud” in Social Security.

So the following statement is what Trump actually said…

“We are identifying shocking levels of incompetence and probable fraud in the Social Security program for our seniors, and that our seniors and the people we love rely on.”

My questions now directly go to Donald Trump. If you found it, then where are the arrests?Where is DOGE when they are really needed. Where are all the people, and the fraud which you claim you are finding? Show me just one check written to a dead person.

Actually what is happening is that they are making this stuff up so that they can gut social security. If you found it, then expose it. Don’t threaten seniors and discuss interfering in the Social Security Administration that pays retirees the money that they rightfully deserve. But Trump’s actions worry ALL Americans. He is causing so much unrest with the American people. Trump’s end game – to divert Social Security funds to go directly to the rich, in the form of tax cuts, and another way to help reduce the National Debt. Why would any president do that. Your hard earned money cannot be used to reduce the national debt, but if you listen closely to Trump’s speech last night, you will learn that he claimed that he WILL balance the budget in his second term. With what, your Social Security money?  By providing massive tax cuts to the rich?

Trump is so full of S H _ T, that he can’t even pay his own bills, he can’t pay his own workers in all his past businesses. He filed for bankruptcy at least a dozen times. Trump Steaks.. Trump University… and the list goes one. It’s not so funny now that the country has to listen to a fraudster and a convicted felon tell the American people on how he will be helping them.

Back in October 2024, Elon Musk admitted that “Trump’s plan will collapse the U.S. economy, and says that it’s necessary for everyday Americans to experience “temporary hardship”.  That is what Elon Musk said. So back in October of 2024, they literally claimed that they were going to crash the economy, and now they are doing it. Now they got there hands into social security.

Elon Musk now has access to your personal files, and he is using algorithms and crawling around into EVERYONES Social Security files and claiming to have found enormous amounts of fraud, waste and abuse. That statement was made by Mike Johnson, the Speaker of the U.S. House of Representatives in a recent “Meet the Press” interview, that massive fraud was found within the Social Security System. So if you claim it, prove it and this administration may be respected in the future.

The Stock Wrap-up for Tuesday March 4, 2024

March 4, 2025

No one should be suprised. This outcome has been inevitable, but it was preventable. The following note found on ‘The Daily Beans Podcast’ says it all.

I don’t say this lightly. All you have to do is look at the trending data from the U.S. Stock markets. The DOW dropped 680.23 points or 1.55% just today alone, because our president decided to activate tariffs he’s been threatening for the last 6 weeks. The S&P 500 dropped 1.22%, and the Nasdaq Composite shed 0.35%. The Nasdaq, which is tied closely to tech-heavy industry, dipped more than 2% at its lowest point and came within striking distance of correction territory, which is a term that refers to an index falling 10% from a recent peak.

So it’s happened. Since March 1st, the trend has been spiraling downward. The State of the Union Address comes tonight, and it will be very eye-opening on how Trump will portray the State of our Union. Before it even happens, I can assure you that his speech will be filled by lies. The Republican Senators will applaud him. The Democratic Senators will stay silent. Has even one Republican Senator helped even just one of their constituents. Find me the proof and I’ll believe it, but there is absolutely no proof that any Republican lawmaker who is following Trump, is helping ANY of their constituents.

Yesterday, the markets were signaling to the American people what was about to happen today. Many Americans have decided to run this out, but what will they have to loose to ride this wave of stock market sell-offs before they realize that it is going to affect them, even though they voted for this president.

Then, it will be too late. The question now is what is it going to take to prevent a further free-fall. It’s normal for the stocks to go up and down. That’s what’s great about our economy. But in the end, they should always go up more than they have been going down, and there is just no indication in the foreseeable future to say that the declines will reverse any time soon.

I know that this report is very glim and bleak, but as they say, “it is what it is.” These are the facts. We are now living a World Wide Trade War in this year of 2025, initiated by Donald Trump himself, for all of his rediculasly foolish reasons.  This situation should have never come about, but it has.

 

The Dow is Free-Falling and Tariffs now on the Horizon that will Hurt Americans

March 4, 2025

The first week in March is proving to be a very volatile week regarding the economy. On Tuesday at 12:00AM, Trump claims that 20% tariffs will go into effect for Canada and Mexico, and another 10% on China.

On Monday, the markets responded negatively regarding the threat of tariffs actually going into effect.

On Monday morning the DJI Index (Dow Jones), opened up at 44,900.49. But as expected, the markets dropped to a low of 43,160.68, which was a 1.55% loss with the final figure for the day being 43,160.68. That was a total loss in one day of 680.23 points.

But at market open, the market shot up to 44,033.8, because of Tesla and BitCoin. But it took less than 30 minutes for all of the gains to be sold off, and the Dow Jones Industrial Average went into the negative and never really came back.

Dow futures on Tuesday morning are looking positive, but not nearly as much as the futures were on Monday morning.

So what does ‘futures’ mean. Actually, the idea of what it means is fairly simple. Futures is a birds eye view of what will happen at market open. So you may wonder how anyone would know if the markets are actually closed until 9:30AM ET in the United States. That’s because the markets in the U.S. follow the markets that have been open at least 6 hours before the markets opened in the U.S. The U.S. markets will follow  what is going in Europe at 9:30AM E.T.

The prediction now since the markets are now open in Europe, is that the markets will open slightly higher than Mondays closing figure. But unfortunately, the markets are expected to free fall even more than what happened on Monday. Why? Because Trump will initiate the tariffs on midnight before market open. To make it worse, Trump cannot help himself by making crazy announcements when he addresses Congress on Tuesday night on Prime Time TV.

Expect a very volatile day regarding the markets, and another day of crazy sell-offs on Wednesday, after what I can already call a disastrous speech, full of lies and false promises that only Donald J. Trump would give on such a stage, because he is hungry for attention.

Regarding Ukraine, several Congressmen cozied up to the president of Ukraine during his visit to the White House will openly turn against him when Trump claims he will no longer support the war in Ukraine when he speaks on National TV on Tuesday night. As of Monday, Trump has stopped all military support for Ukraine. All shipments are stalled unless Trump allows them to continue to Ukraine to help fund the war. Stopping supplies to Ukraine gives Russia a logistical advantange in the war.

On top of this, Trump is siding with Putin of Russia and is expected in the next few days to give monetary relief to Russia. What does this mean? It means no less that Donald Trump has done an about face with American policy regarding Russia and Ukraine. Trump has decided to change sides and now support Putin. No other president in American history has every done such a thing. He is the ONLY American president that has sided with Russia in a war. The United States has never sided with a country that attacked a Democratically controlled country. The president has decided to not support the Democratically elected president of Ukraine, but instead support a dictator and murderer named Putin.

This, on top of what Trump is openly doing to our economy, will set the United States back for years, with the economy, and with relationships to other countries, especially our closest neighbors, Canada and Mexico.

There will be daily updates on this website regarding the economy, and a report of Trumps talking points with his message to Congress which will be televised on Tuesday night.

 

The DOW STOCKS WILL PLUNGE over 600 Points on Monday. Tariffs Will affect Businesses

February 3, 2025

The Dow Futures have now plunged 608.5 points to start the week cutting the DOW by 1.37%.

This will be what to expect at the opening bell on Monday and upcoming days as more people react to Trump tariffs. Hopefully the markets can recover, but I will be updating the status of the markets as they turn.

Now, here is a short list of goods affected by Trump Tariffs… These industries will be destroyed by Trump Tariffs…Donald Trump had a late night psychotic meltdown as he openly destroys the USA and unites the world against the USA.

Regarding Trump tariffs, the following industries will be destroyed by Trump…as reported by FOX NEWS…

Avocados

Maple syrup

Ground beef

Cherry Tomatoes

Sugar

Bananas

Nuts

Cooking Oil

Squash

Cucumbers

Strawberries

Pineapple

Tonka Trucks & Toys

BMW, Audi, Nissan, Mazda, Ford

Crude Oil

Bear and Alcohol

Lumber

Steel

Shoes

Prices of the items listed here will be going up. Inflation is now reality, and people need to be prepared to pay a lot more for items on this list if you want to purchase them. So much for Trump being better for the economy. He’s crashing it!

Trump is Successfully Wrecking the Global Economy

February 1, 2025

Trump must be a double agent. How can you explain his actions regarding the tariffs with Canada, Mexico and China. In just 13 days as president, no leader of the free world except for Donald Trump, except for a mad man, would be doing what he has done in less than 2 weeks to hurt his own people. I warned in previous posts that this was coming.

He is causing considerable damage to the economy, and with tariffs going against Canada, Mexico and China today on February 1st, the United States economy will be in a free fall starting Monday when markets open. Watch the futures market. With the announcement of the tariffs going into effect, the stock markets ended yesterday heading in the wrong direction.

The DOW JONES Industrial Average fell 338 points, or 0.8%. The S&P 500 dropped 0.5%. The Nasdaq Composite was down 0.3%.  This is just the beginning.

The new White House Press Secretary Karoline Leavitt sent stocks tumbling when she said in a ‘Presser’, that the Trump administration plans to go forward with 25% tariffs on Canada and Mexico and a 10% tariff on hind starting tomorrow, February 1st, 2025.

There has never been anything like it. On the U.S. Domestic side, he is openly taking us out of the global economy. It’s called ‘free trade’ for a reason. You can’t expect to tariff our biggest trade partners and expect the U.S. economy to survive. That is hardly what is called free trade. Every country has to bend towards Trump’s will, no matter what they think. Countries will not be bullied by Trump. He is an ass of the greatest magnitude.

Maybe the jolt in the stock market will scare Trump, because he is a weak person, and maybe the tariffs would be put off, because now there is rumor that the tariffs will be stalled until March 1st. That would be delaying the inevitable.

The president doesn’t know that the U.S. through its funding packages, through it’s social media programs, through its grants, loans is what helps make the economy hum.

Trump has initiated funding freezes, implement a deportation policy chasing critical workers through churches and schools to take them out of America. They are going underground so that they are not doing key jobs in the housing sector, food sector, or the national disaster recovery sector. The crypto-currency market is also tumbling, so now what else does he decide to do to create havoc? Of course, it’s the perfect time to tax our number one, two and number three trading partners.

As an example, Canada is our number two trading partner, after Mexico. 17.5% of our exports go to Canada. 12.6% of the goods we bring in from other countries come from Canada. Canada is extremely critical to the infrastructure of U.S. manufacturing.

They send us energy, such as electric, oil, minerals and strategic elements, which are things that our manufacturing industry use in the making of products produced in the United States. So our idiot president just decides that he wants to implement a 25% tariff on Canada, with all that on the line. Our neighbor to the north will not take this sitting down. Free trade means that you can trade with whomever you like, and if Trump is going to tariff at that level, Canada will simply go out and find new trading partners, similarly to what China has done now doing more business with Mexico and a lot less with the United States. Canada will reciprocate, They will also charge a 25% tax on goods going into the country, an whom do you think will pay for the 25% increase in goods. The U.S. taxpayer of course. So much to say that Trump is best for the economy.

All you will have to watch now is the stock markets, the prices of goods and services and the high cost of gasoline that will be on an indefinite rise. Regarding Mexico, they are big trade partners in the automotive field. Many of the components made for car are made in Mexico. There are 3 major automotive makers in Mexico, so look for much higher car prices in the very near future.

I can’t think it be any thing else except that Trump is intentionally trying to wreck the U.S. economy, and I believe he is doing this on a grand scale. He has entered a multi-faceted trade war. Is there anyone in his cabinet giving this any thought? Do they even care? It’s not going to affect the billionaire. It’s going to affect us.

The only thing I can call this would be to say that it is a grand, terrible experiment of Donald Trump, and the U.S. economy, you and I will be suffering because of Donald Trump.

For the half of the country that voted for him, buckle up and feel the pain that you have caused.

Trump Embarasses Himself Every Day, a True Genuine Idiot

January 12, 2025

Trump continues to embarrass himself in front of the entire world. He shows the signs of a true idiot, and his mental capacity has a lot to be desired. In his latest string of bizarre moves,  Trump has once again managed to turn the international spotlight squarely on himself, but not in a way that inspires admiration or respect.

One thing he does is to dispatch his son on an ill-conceived mission to Greenland like proposing the idea like – buying the country, renaming the Gulf of Mexico, and openly stating that he wants to annex Canada, Trump is fast becoming the laughing stock of the world.

Let’s begin with Greenland. In a delusional move, Trump sends his son Donald Jr. on a diplomatic mission to the country of Greenland. Don Jr. tells the country that “we are going to treat you well”. Why is he trying to take over Greenland. My guess because of global warming and the mounds of snow that used to cover Greenland are melting fast, and a vast amount of land is now reachable that contain mounds of minerals that Trump will be loosing from China in his recent move to try and isolate China with his tariffs. Well, that’s not going to happen.

Greenland is an autonomous territory of Denmark, and these people are smart enough that they would never want to be in Trump’s world of the United States. They made it crystal clear that their land is not for sale, nor is it for the taking. In less than a day visiting Greenland in a diplomatic mission, Donald Jr. leaves the country. Obviously he was not wanted there. The debacle embarrassed Donald Trump and it also embarrassed the entire country. All you had to do was listen to the late night talk shows mocking Trump as to the absurdity of the situation. All over the internet, you can see social media with memes comparing Trump’s antics to a bad real-estate pitch. The world was laughing, but the diplomatic damage was real. Can the United States be accused by other international partners to do what Putin is doing to Ukraine? Denmark is a key NATO ally, expressed frustration with Trump’s arrogance. So it is easy to say that the relations between the two nations took a hit. Greenland’s status was changed to an Overseas Country and Territory (OCT) associated withe the EU. However, Greenland remains a full member of the Council of Europe and NATO. And, remember the NATO rule that is the central idea that governs NATO, an attack on one, in this case, (Greenland/Denmark) is an attack on all. Before Trump could even consider such a move, he would hastily leave NATO. The entire NATO force would turn against the United States, and even the asinine Republicans won’t let that happen. That idea to concur Greenland would never fly in the House of Representatives, regardless of who controls it. Trump likes to make waves, and this is just an example of what to expect of his ignorance in the next four years.

Another stupid more by Donald Trump is his outward statements claiming that he wants to take control of of the Gulf of Mexico, as Trump wants to call it the gulf of America. Trump announced this in a briefing he had at his Mar-a-lago home in Florida. He claimed the move would be “appropriate and beautiful”. Yea, a pretty sick individual. Trump believes that he can unilaterally name an international body of water shared by multiple countries. Talk about backlash, it was immediate. Mexico was not thrilled about the idea, and the proposal is so absurd that even his allies could not defend Trumps proposal. Trump has complete disregard for international norms and the complexities of global relations.

But wait, it doesn’t stop there. He’s floating the idea that he wants to annex Canada as another U.S. state. He claimed that making Canada the 51st state, would solve tariff issues. He is hell-bent that tariffs are what he calls “beautiful” and a great tool for negotiations. So his threats to tariffs to China, Mexico and Canada, what has did they get him? They challenge Trump to do exactly what he wants because they will not bend. Trump will cave as the weak President he really is. In two years, it won’t matter, because there stands a chance that the Democrats will again take over Congress, and Trump will no longer have the power to do anything except Executive Orders. The Prime Minister of Canada reiterates that they are an independent and sovereign nation and do not need Trump of the United States to survive. Countries worldwide made headlines of Trumps proposal to make Canada part of the United States. Canadians mocked Trump’s suggestion. Stunts like this prove that Trump hasn’t a clue about basic diplomacy. His idea of diplomacy is to piss every country off before he becomes president. Well, that is one thing that he was successful with.

Is Trump finished. Hell no. He turns his attention to the Panama Canal. In another news conference, he refused to rule out military action to seize control of the Panama Canal. Trump is threatening an international conflict over a vital waterway that has been under Panama’s sovereignty for decades. The international community is fast learning that Trump does not know the consequences of his words.  So just these reasons mentioned in this post makes Donald J. Trump a global laughing stock. It would be funny to me, but to hear a convicted felon who will soon have the power to create havoc as the leader of the free world is saying these things, and his followers are behind him. I am not one of those followers. I totally despise this man and I will never consider him my president.

Another idea he has to to reject birth-right citizenship. He claims that the United States is the only country that respects birth0right citizenship, regardless if you parents are citizens or not. In order to change that, there would have to be changes made in the constitution. Again, Trump is powerless, but he only has the power of his words. Again, Trump is a very weak person. When push comes to shove, he caves. But with his newfound powers of Executive Immunity, God only knows whats coming for the United States with Trump in control of the reins of government.

Trump Destroying the Economy Even BEFORE His Inauguration

December 6, 2024

It only took Donald Trump to speak recklessly about China that will have a very lasting effect on the United States economy in the immediate future and years to come. He could not wait to become president again and had to put down very serious foreign traders like China, Canada and Mexico and is in a  continuous war with his words. In a very ignorant move, he had to recklessly push his authority to state upcoming actions for China that he plans to tariff.  But before Trump could make good on his threats and just one week ago China has upgraded bans to the United States, prior to Trump having ANY authority to push bans on China.

This time, it’s about a specific mineral that is mined in China, that normally is exported to the United States. The name of the mineral is ANTIMONY. China has imposed 100% export restrictions of this critical mineral used in military equipment and civilian technologies. China controls 48% of global antimony output and supplies 63% of U.S. imports. All of this extremely important mineral can no longer be imported from China. The price of electronics will now skyrocket. Where can the United States find the 63% of this mineral needed to produce goods that we take for granted because they always have been available in abundance? The supply and demand rule will now really take effect. With products like microchips become scarce because we will not have enough of this mineral called antimony, the prices of existing products will go up.

The ban severely impacts U.S. defense capabilities since antimony is essential for armor-piercing ammunition, night vision goggles, and precision optics. The United States currently relies on imports for 83% of its antimony needs, with only 18% met through recycling. In response, companies like Perpetua Resources are working to develop domestic production capabilities and now the United States must look elsewhere for antimony.

This mineral is used in chip technology and is required to make computer chips. Computer products in the future will become scarce, and if you manage to find a computer you want to purchase, expect to pay a higher price. So, tell me because I’m having a hard time understanding why the American people believe that Trump is great for our economy. Trump has failed as our president even before he officially becomes our president.

I mentioned about the IPhone in another previous article. Where is the IPhone made, just guess? Yes, in CHINA. Woops, here comes a price increase to purchase an iPhone, and that’s if you will be able to find one, because I can now believe that the availability of them will be drastically decreased in volume within the United States. If you can find one, you will pay more for it. China makes most of consume products that are exported around the globe, but now the United States will have to pay more for products from China, so who do you think will have to pay for these items ultimately? Yes, you guessed right again. THE AMERICAN PEOPLE. Lower economy, really? Our economy was admired by many countries around the world, and they only wished their were as good as ours. Soon, no country will be wishing their economy was like ours.

If it weren’t for the false pretense that our economy was failing, that our prices are too high and someone had to be blamed, like the current administration of Joe Biden, Donald J. Trump would have never been reelected. But in all sincerity, who must be blamed are the people who voted for this crazy rapist felon to be their president. Obviously, I did not. But I will be affected along with all the MAGA Republicans that now have to try and survive our upcoming wrecked economy because these voters put Trump in office.

It is a sad situation, but we delt our own hand and we must live with it. Just maybe he will think twice now before initiating his bans on Canada and Mexico. Is Trump getting a taste of his failure in foreign economic even before he becomes president again? You bet. The question is, does he care. It’s had to imagine that he does, because the trade war with China began in 2018 in Trump’s first term. When he imposed tariffs on China then, this is when all this started. But as ignorant as he obviously is, he had to do it again. We will feel the pain of Trump, day after day, and in just a few short weeks on January 20, 2025, the real pain will begin.

Trump claimed that he will be a dictator for a day on day one. Believe him. He will take pleasure in acting like Putin and Kim Jung-un or Hungarian Prime Minister Viktor Orban. He worships strong-men like them. He HAD a chance to become the strongest leader in the world, as the President of the United States has always been, but Donald J. Trump in his second term will prove to be the weakest on the world stage. He will eventually back down from his threats, and his tariffs paid by the American people, but by then it will be too late, because he will have successfully wrecked our economy, and we may even head straight for another depression.

It is a grim picture that I’m painting but let me elaborate just a bit further. Farmers will go bankrupt and lose their lands. They will not be able to pay back loans to banks. Banks will not survive because their clientele cannot afford to do business with them. Credit scores will drop, and more and more people will not qualify for bank loans. It’s a death spiral and it’s coming.

I surely hope that I’m wrong, but I’ve been around a while now in my life and have been a victim of the U.S. economy for too long to know when it is good and when it is bad. I cannot see one instance where the Trump economy will be good for the American people. Just watch the stock market and 401K’s. They will tell the story. Right now, the stock market and 401k’s are looking great. But, let the future be known in due time. When the American people are affected by a crash such as what we had in 2008, then they will realize how wrong they were to put this convicted felon and rapist back in office, just so he can try to save his own skin from prosecution, and the American people, not knowing that what he actually will do is try to destroy us in the process. He has nothing to lose, not another election, because Donald Trump cannot run for a third term, at least not yet. So, he’s not worried about being re-elected and he won’t watch his steps. He has the Supreme Court behind him with the immunity decision this past summer, as he can do most anything he wants too as long as it is an official duty, like putting tariffs on foreign countries, wreck the U.S. economy in the process and get away with it. He can never be prosecuted for endangering the American people when he performs official acts. So, let’s see where this goes. Will I be wrong, or will I be right? The future will tell.