The president pulled a business move when he let Erdogan blow the Kurds to pieces. Mr. Trump walked away from a loyal ally. The Republicans want a piece of Trump for that stupid move.
Mr. Trump always has a hidden agenda, according to former Trump associates. Trump built a Trump Towers in Istanbul, plus he wants Erdogan to buy more weapons from the U.S. The only good news is he didn’t ask Erdogan to screw with the 2020 election on that call.
The Trumpster had to deflect attention away from him as he sinks into his self-made political swamp. Trump let Erdogan have his way with the Kurds, and then he comes up with a plan to punish Turkey even though he is the one who started the conflict. It’s a vintage Trump move. He creates a problem, and then he offers solutions for the problem he claims he didn’t create. Erdogan told the press he told Trump he wanted to militarily remove the Kurds from his border on that call.
Cracks in the economy keep bubbling to the surface, but Mr. Trump still tells his campaign rally lemmings the economy is great. But unemployment numbers are on the rise. Plus, corporate capital spending is in the toilet. Consumer confidence keeps dropping as more information about Trump’s criminal deeds come to the surface of the swamp.
Trump will add $1 trillion to the deficit in 2019. The national debt is more than $22 trillion and Gross Domestic Product growth dropped below two percent at the end of the third quarter. Those ingredients along with the recessionary air in Europe and Asia, as well as Trump’s tariff wars, will bring a recession to America’s doorstep by June 2020, according to MarketWatch.
The Feds had to dump cash into the repo market so banks could borrow from each other. That market ran out of cash when corporations drained it to pay taxes. Jerome Powell keeps saying the economy is in good shape. But many consumers and investors don’t feel that way. They read China bought 100 tons of gold recently, and Hong Kong is in a recession while it battles China for political reform.
Mr. Powell didn’t figure Trump would tariff-screw Europe for subsidizing Airbus, and he didn’t know the president would cause so much disruption in the Middle East. Consumers who love European wines and cheese will get hit with another tax on October 15th. Mr. Trump put one of his nose-growing statements in play when he told his Minnesota Trumpians the economy is great. And his nose got a little more orange when he told the crowd he didn’t have Zelensky by the balls.
Read More: https://www.businessinsider.com/trump-tariffs-eu-cheese-olive-oil-hurt-consumer-industry-2019-10
Dil Bole Oberoi
