What will a Trump Presidency bring?steemCreated with Sketch.

in #politics7 years ago

trump.png

So Trump won the elections, what effects will this have on the economy and on society in general. In this article I will briefly tell you my predictions what effects will this bring.

1) Stock market

I think a stock market crash is now imminent, as we seen with Brexit, people and investors don't like uncertain situations, and they often sell in panic. The British Pound tanked hard after Brexit, and so could the US. stock market.

2) Dollar

I think the dollar could crash too, but this is not that imminent in my opinion. Since Trump's immigration policy would cut off a large piece of the remittance market, not to talk about banking business with China, I think a lot of banks both in the US and China would view this negatively, so a weakened dollar is pretty likely. Not to mention Trump would hardly reduce the US debt, and would probably inflate it away, so the dollar is in a rough ride any ways.

3) Bitcoin

Bitcoin will probably go up, but it would go up even if Clinton would have won. Make no mistake about it, either candidates would introduce a lot of panic in the global economy, and Bitcoin is technically a hedge against political and economic catastrophe. The era of fiat fractional reserve banking has made the global economy very weak, so no matter who is president, Bitcoin will only benefit from it.

4) Privacy

Surveillance will be expanded, guaranteed. So say goodbye to your privacy, neither candidates would have cared about it, but Trump indicated a budged increase in surveillance.

5) Freedom

Freedom will diminish. Yeah maybe you will get some tax cuts and regulation cuts here and there, but overall you will lose more and more freedoms. You can't do the things Trump promised to do without increasing the government even more. Trump is not a libertarian, and the increased military spending he was talking about is quite worrysome.


Disclaimer: The information provided on this page might be incorrect. I am not responsible if you lose money using the information on this page! This is not an investment advice, just my opinion and analysis for educational purposes.

Photo Credit: Jeff Malet, maletphoto.com


Upvote, ReSteem & bluebutton


profit
Sort:  

This post has been ranked within the top 80 most undervalued posts in the second half of Nov 09. We estimate that this post is undervalued by $4.10 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Nov 09 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

Just for the record I am impartial, I don't want to upset any Trump supporters here, this is just my honest analysis.

Just for the record, I agree with your predictions, and I'm not partial. I hate the political system, I despise Hillary Clinton, and Donald Trump a lot more. Trump supporters have probably developed a thick skin by now, they bloody well need to. He is a racist,sexist, narcissistic scumbag of almost unfathomable proportions. On top of all this, he would ruin the global economy.

Yes the dollar will fall and bitcoin will rise but, that's the market for ye! up & dwn! I trade the USD/JPY pair(forex) and I can see that the dollar is poised to fall in the near future. Great post by the way:)

Make no mistake about it, either candidates would introduce a lot of panic in the global economy

Disagree, the markets reacted negatively whenever Trump gained in the pools and positively whenever Clinton did.

I think you're pretty spot on with everything else though.

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.033
BTC 64386.10
ETH 3142.17
USDT 1.00
SBD 3.98