Ben Netanyahu may not be able to keep Trumpism alive in Israel now that he can’t form a government. The Israelis don’t want to drink Ben’s right-wing conservative tonic anymore. And most young Israelis think Trump is a bigger crook than Ben, according to European news reports. Netanyahu won’t be able to take over the West Bank so Jared Kushner and Trump can develop the area and force the Palestinians from their homes. Kushner calls that strategy the new Middle East peace plan, according to the Washington Post.
The Department of Justice claims they didn’t know Rudy was a criminal when he pushed and prodded state department officials to help him get Ukraine officials to do Trump’s political dirty work. Rudy acted like the secretary of state so Ukraine officials didn’t know how to handle his shady requests. But now that Rudy is in the legal spotlight for helping Trump piss on the American election process, the Department of Justice wants nothing to do with Giuliani. But federal prosecutors in Manhattan want to know more about Rudy’s interactions with foreign criminals, according to the New York Times.
The new IMF chief Kristalina Georgieva told the press the global economy is in trouble. Global Gross Domestic product growth continues to erode thanks to Trump’s tariff war. She also said the current trade rules are not enough to keep countries like the United States from trade screwing other countries, so she plans to change those rules. Georgieva told the press Trump’s trade war with China will cost the global economy $700 billion by the end of the year, according to MarketWatch.
Georgieva will get help from Christine Lagarde, the new head of Europe’s central bank. Christine is the former IMF head and a staunch believer Trump and his nationalistic tendencies are bad for global economic growth. Lagarde told the press economic stability should not depend on tweets from the president. Christine thinks Trump’s knee-jerk decision making and his constant attempt to undermine the U.S. Federal Reserve and Jerome Powell are to blame for the weak business development around the world. Mr. Trump’s unpredictability stops investors from taking risks, and his tariff war with China will continue to push the world into the arms of a nasty recession.
Mr. Trump claims the U.S. economy has never been better, but GDP growth slipped to 2.0 percent in September. Wall Street economists expect economic growth to slip again in the fourth quarter unless Trump resolves his trade war.
Dil Bole Oberoi
