Until someone as uninformed, angry, self-absorbed, and delusionally unaware of their own short-comings as Trump took seat as the leader of the free world, I am ashamed to admit I had no idea the power and impact of an American president.
He bullies and insults members of Congress, high-ranking and respectable government and military officials, scholars, businessmen, and world leaders. He rallies support by corralling the forgotten Americans with his “Make America Great Again” rhetoric, singling out ethnicities, religions, and socio-economic demographic groups resulting in the creation of angry hate mobs.
By preying on the weak, Trump has enabled the worst of the worst of the American people giving them platforms and a voice. He’s putting money in capitalist scumbags’ pockets who are profiting from the hate. The impact from their selfish purposes has caused more damage than anyone could’ve probably imagined. I don’t even know how long it will take the country to heal from the Nazis coming out of the woodworks into the public, hate rallies and speeches that are being held, to the American citizens openly making racist remarks and bigotry that is exercised, all justified under “MAGA”. He has put forth unfathomable policies, putting unqualified family members and extremist conservatives into positions of power and, well, I am probably preaching to the choir.
Meanwhile, over in other parts of the world, China and Russia are making power moves in regions the economy is rapidly growing. The rate the Middle Class is growing in, for example, ASEAN, is moving along as been predicted by the big financial institutions: MS, GS, JP Morgan, et al., and starting 2020, economic powers will begin shifting.
And here is Trump, touting MAGA, and the damage he is causing for America is not good, to say the least. I truly hope there are people in Trump’s inner circle advising in terms of long-term economic and geo-political implications since things are moving quickly on the ground in the high-growth Nations.
Another concerning thing is the mainstreaming of cryptocurrency. And no I am not talking about ICO (initial coin offering, which is the same as an IPO). I’m talking more about the core value of crypto and the reason why VCs and entrepreneurs are into an alternate form of currency aside from the current thing we call ‘money’. Crypto is a post on its own but once cryptocurrency is adopted to the masses, it is highly likely the dollar will start losing value.
So, essentially, the dollar will start losing power alongside American economic power (purchasing, market, bargaining, trade, class, etc.) and there is a chance America will no longer be a ‘super power’.
These things aren’t going to happen tomorrow or next year and I hope we don’t see effects within Trump’s presidency (a decline that rapid is a sure indicator of a disastrous outcome).
An economist scholar once said to me: “Don’t worry Mona, the economy always works itself out.” but I can not help but be concerned for our future.
I cannot vote (am not a U.S. citizen) but I hope those with voting rights in America, do. Because as much as we all complain about America, I do not know another country on the planet where democracy actually works and makes impact, quickly (just look at the mid-term elections). Another country where there are so many bright, enlightened, and experienced people are changing the way the world behaves and thinks. America is, one of the greatest countries in the world to live and I cannot see a world where American influence (usually for the good) is no longer a reality.
But most concerning, if you look closely at Trump’s business accomplishments, he’s capitalized through his name (licensing, trademarks, etc.) not wise business decisions. He is a brand marketer. Not a businessman. I do not trust him to grow America’s economy and I hope you don’t, either. So please. Vote!