IFocus
You are arguing with a Galah
- Joined
- 8 September 2006
- Posts
- 7,471
- Reactions
- 4,462
Train wreck continues
I guess time will tell that, I didn't follow the election at all, it is hard enough getting excited about Australian politics.
The only thing I'm sensing is that the silent majority, which is the working middle class, are desperate to find someone who will try and halt the slide.
I guess whatever policies Trump had, Trumped Kamilas, so to speak.
As usual time will tell, it will be no mean feat to encourage manufacturing in competition against China, as Germany is currently finding out.
The issue is, if a level playing field isn't found, where will the first world countries economies bottom out?
Trump may not be the answer, but obviously the majority of yanks thought he would make a better fist of it, than the opposition.
It isn't as though he had a 'Just fell over the line win', is it?
Or maybe you know something, the majority of American voters don't.
Like I said time will tell.US politics is insane no matter how you frame it and I am no fan of the Democrats but I am surprised Trump is still seen as a disrupter and will change things for the better.
Strange because he owns the Republican Party he is the Republican Party and is very much part of the system and elite political class he is not an outsider since joining the political fray in 2015.
His apparent and only aim ATM is to avoid prosecution serve his ego while making dollars on the side.
His picks so far most of have no experience in their respective portfolios many are carrying baggage messy.
I would like to see a more "Australia first" approach to trade, but we really don't have the economic clout to do much.Like I said time will tell.
I personally think that Australia is between a rock and a hard place, Trump going into a isolationary stance on trade will hurt Australia, but unless Chinese production growth slows no other country will be able to compete against China on the trade front and all Western countries manufacturing will be finished.
The U.S is probably the only singular place at the moment, that has any influence on Chinese production due to the amount of imports they obtain from China.
Only my opinion, but something has to be done and the last U.S Govt only improved the sales and manufacturing on the arms and munitions front.
The promise of battery manufacturing and solar panel manufacturing in Australia, is what tipped Albo over the line last election, so he is facing the same dilemma that the Democrats did, which is over promising and under delivering.
The U.S saw mass immigration, rampant inflation and the likelyhood of military conflict.
So Trumps back in, whether things improve , we will have to wait and see.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.