Shotgunner51
RETIRED INTL MOD
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Do you think Trump would be able to correct some of the mistakes?
I see what he says mostly is just looking tough and get the best deal out of China and Japan (and making Mexican pay for the wall across the border on the US side), but, realistically, would a Trump style protectionism work?
His geopolitical ideas seem right and potentially might inflict damage on US web of military hegemony in East Asia and Europe, but, economically, I feel there is much for success than having strong negotiation skills.
Those are no trivial "mistakes" my friend, those are real monies. Money talks, "geopolitics" BS walks.
No matter how dramatic or entertaining it might seems, electioneering is one thing, running an office is another. Moreover it's not just about the White House, don't forget well established bureaucrats and of course, the Congress. Actors on stage may change, show titles may change, behind-the-scene investors are always the same.
So no, I don't see any fundamental change will happen to the already well established food chain. Despite being a debtor nation, largest in fact, dollar will "miraculously" stay strong, interests rate "miraculously" stay low, then consumption and imports strong --> high GDP --> tax regime continues --> "superpower-level" defense related expenditures (DoD, CIA, NSA, "black ops", "military aid" ...) --> high deficits continue --> debts continues to pile up --> international investment position continues to sink (according to current momentum, position is sinking at a staggering $1 trillion per annum), until .... no end in sight?
The U.S. net international investment position at the end of the 4th quarter of 2015 was -$7.2806 trillion (revised), at the end of the 1st of 2016 was −$7.5256 trillion (preliminary), position further sunk by $245 billion in just one single quarter.
https://www.bea.gov/newsreleases/international/intinv/intinvnewsrelease.htm
https://www.bea.gov/newsreleases/international/intinv/intinvnewsrelease.htm
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