Final Thoughts on Trumponomics
- mienspg
- 1 day ago
- 3 min read
I thank you for the fair minds on both sides of the divides, those who fairly conceded points on my contributions and those who provided me with their excellent rebuttals to my strategic observations and comments. 1. Unfortunately, I do not have time for those who cannot back up their points and resort to name-calling, trying to bait me or being downright insulting. 2. Whether you support for Trump or against Trump, I very much would like to see all Americans enjoy prosperity. Here in Malaysia, we have something called B40, the bottom 40% of households that have up to $1,200 per month and require Government assistance. Not so much its because of Trump wins or Trump loses. 3. Trump keeps unveiling his 2nd and supposedly final term as a President thoughts. And believe me, its not American values. The land of free, the New World that was home to people first came in a veseel called Mayflower, admitting Irish, Italians, Japanese, Germans - Allbert Einstein was one of the greatest thinkers. So, tariffs, deportation, removing his detractors - removal from impeachment, stroking images of wars, playing with sentiments, ignoring non-Americans rights by threatening to take over their lands be it Panama or Greenland, insulting partners and allies including the 51st state, And finally, to be the 3rd, 4th or more term President or President for Life at his age, something that Alexander the Great, Julius Caesar, Qin's Shi Huang Ti, Genghis Khan, Napoleon Bonaparte and Dr. Mahathir Mohammed, were pretty well-known for.
My take:
I see the rise of Asia led by China, South Korea and Japan. This is not due to the rise of the US but to continue to provide for their own economy and people. In tandem, the BRICS+ and ASEAN will float together with them. The main export partners of countries where the US military assets or influences are present: What about Taiwan? China 31.7% Hong Kong 11.3% United States 23.4% ASEAN 18.5% European Union 7.0% Japan 5.4% South Korea 4.4% (2024) What about the Phillipines? United States 15.7% ASEAN 15.2% China 14.8% Japan 14.2% Hong Kong 12.0% European Union 11.4% Other 16.7% (2023) What about Singapore? United States 22.43%, China 10.65% Hong Kong 4.53%, Japan 4.71%, United Kingdom, 3.59% (2021) What about South Korea? China 24.6% Hong Kong 5.1% United States 18.7% ASEAN 16.7% European Union 10.0% Taiwan 5.0% Japan 4.3% (2024)
What about Japan? Japan exported mostly to United States (¥2.04T), China (¥1.72T), Chinese Taipei (¥657B), South Korea (¥650B), and Hong Kong (¥484B), and imported mostly from China (¥2.15T), United States (¥1.03T), Australia (¥690B), United Arab Emirates (¥530B), and Saudi Arabia (¥448B).
What about Australia? China 26.4% Hong Kong 11.3% United States 8.6% ASEAN 18.5% European Union 7.0% Japan 9.9% South Korea 4.6% (2019)
In Europe,
The Danes, the French and the UK are not taking things lightly Other European nations are still very much involved.
Central and South Americas
Definitely not happy lots.
Middle East
Remember, the Bedouins are excellent negotiators. With Syria on one end, Palestine in the middle and the rest, Cool as cucumbers. Before Trump, the majority of the UN assembly voted time and again for peace. War criminals are not handed over but instead were treated as even better than special guests.
Does Trump need to eat humble pie? What about those who had voted for him? Will price of energy drop? What happens when there is a multiplier effect and a bank run? Rise in unemployment? Inflationary prices on substitute goods and services? If Trumponomics failed, will he blame the rest of the world and use that to get himself reelected for 3rd term? Our policy is not to get involved in politics and that why I disagreed when they wanted to register the Facebook group that I created to become a political party back in the day, you have to understand that wrong national strategies and economic policies can kill a swathe of businesses.
Now I have to get back to my clients. G'day and peace.
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