What Trump will do to the global economy

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  • เผยแพร่เมื่อ 22 ธ.ค. 2024

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  • @MoneyMacro
    @MoneyMacro  หลายเดือนก่อน +50

    Get access to global coverage at an exclusive 20% discount at economist.com/moneymacro
    Articles mentioned:
    1. www.economist.com/by-invitation/2024/10/23/the-international-economic-system-needs-a-readjustment-writes-scott-bessent
    2. www.economist.com/by-invitation/2024/10/17/europe-should-not-see-a-potential-trump-return-as-a-threat-says-nadia-schadlow
    3. www.economist.com/briefing/2024/10/31/how-bad-could-a-second-trump-presidency-get

    • @PoiSonSonic
      @PoiSonSonic หลายเดือนก่อน +3

      Nice shirt! Where can I buy it?

    • @MohamedGanaf
      @MohamedGanaf หลายเดือนก่อน

      S.c.w.muslim.child family said maxamed siciid cabdi business bank garoowe.acouint.nuber.130192.from.soomaliya l.b.s by nuber bank accounts form to

    • @robertortiz-wilson1588
      @robertortiz-wilson1588 หลายเดือนก่อน +1

      Thanks.

    • @FenrirRobu
      @FenrirRobu หลายเดือนก่อน +3

      Thank you for providing these links in a convenient way.

    • @Aceiolix
      @Aceiolix หลายเดือนก่อน

      He will make americans poorer maybe not in money but with other matter - itnt that all that matter to an american , the world respect to usa matter nothing to dollars in the pocket.

  • @bskilla4892
    @bskilla4892 หลายเดือนก่อน +2735

    I'm on my third year of a phd in economics, and as i told my gf, Economics is the science of being disappointed in humanity

    • @denisnorvicev3262
      @denisnorvicev3262 หลายเดือนก่อน +166

      I studied international relations, this also applies here

    • @WhatWillYouFind
      @WhatWillYouFind หลายเดือนก่อน +116

      Sociology/Psy major here.
      I teach in a kindergarten these days. The shocking amount of people I see day to day who never reached the "advanced levels of play" and basic natural comprehension really drives it home for me too. Thank God the little children get a pass......

    • @hypothalapotamus5293
      @hypothalapotamus5293 หลายเดือนก่อน +48

      I once read a two century old passage about how experts tend to forget that people often respond angrily and irrationally to policy decisions that harm them, no matter how well motivated these policies seem to policy makers.
      Inflation hurts. Interest rate hikes hurt, too. Arguably most of the pain is felt by ordinary working people. Managing these irrational feelings is often a matter of ritual and anyone with an ounce of political sense could tell that rituallistic political sacrifice from democrats was necessary. That's why Biden had to drop out but that was too little too late.

    • @fullmetaltheorist
      @fullmetaltheorist หลายเดือนก่อน +45

      I've been reading history for fun over the past 3 or 4 years and yeah. People keep making decisions that seemed very stupid in retrospect.

    • @thomascromwell6840
      @thomascromwell6840 หลายเดือนก่อน +68

      ​@@hypothalapotamus5293The irrational part wasn't voting against democrats, it was voting for a guy who will make their lives much worse and create an insurmountable majority in the supreme court.

  • @Gantz_rl
    @Gantz_rl หลายเดือนก่อน +1372

    In all honesty I hope he does implement all of his policies. Ppl need to feel what they voted for.

    • @jeffbenton6183
      @jeffbenton6183 หลายเดือนก่อน +264

      That won't work because effects are usually felt at least one full term later. Trump enacted several inflationary polices (the tax cuts, the tariffs, covid stimulus and doing nothing about the deficit) but inflation wasn't felt until after Biden took office (he added more stimulus to that equation, and energy prices increased from the war, but some of it was just a carry-over from Trump). Likewise, people widely blamed G. W. Bush for the Great Recession, but most economists at the time noted that the Clinton-era bank deregulation was the largest factor in triggering the crisis.
      Everyone is going to "feel what they voted for" too late for them to correctly attribute it.

    • @princejellyfish3945
      @princejellyfish3945 หลายเดือนก่อน +86

      @@jeffbenton6183Clinton definitely shares substantial blame for laying much of the legislative groundwork but Bush was in for two terms. His admin ensured the damage would be exponentially worse

    • @tuck295q
      @tuck295q หลายเดือนก่อน +40

      The rest of the freaking world didn't VOTE for him. ="=

    • @Wonkaforever
      @Wonkaforever หลายเดือนก่อน +63

      @@tuck295qneither did close to half of America.

    • @adrianaslund8605
      @adrianaslund8605 หลายเดือนก่อน

      ​@@jeffbenton6183Truth.

  • @User-hz5vz
    @User-hz5vz หลายเดือนก่อน +1263

    As a non-American, I feel like I just watched a neighbour burn their house down to warm themselves. I can't put out the fire because it's not my property, and even if I could, I'd be blamed for keeping them in the cold.I can only praythat the fire doesn't spread and that no other neighbour or even my housemates has the same idea

    • @seichusen
      @seichusen หลายเดือนก่อน +89

      I don't normally make comments but this was a very nice analogy!

    • @RayTheomo
      @RayTheomo หลายเดือนก่อน +89

      Democrats are the 2 out of the 5 roommates who BEGGED to not burn the house down.

    • @amonjohnson1686
      @amonjohnson1686 หลายเดือนก่อน +57

      As a US citizen, myself and other sane Americans who voted Democrat, are currently the children being held hostage by our parents, the neighbor, who burned our house down.

    • @RayTheomo
      @RayTheomo หลายเดือนก่อน

      @@amonjohnson1686 More like the adults who were outnumbered by our psychotic kids.

    • @ebadd3468
      @ebadd3468 หลายเดือนก่อน +21

      TDS much

  • @iammrbeat
    @iammrbeat หลายเดือนก่อน +482

    Those tariffs are going to suck so much.

    • @tophower33
      @tophower33 หลายเดือนก่อน

      They voted for a con so everyone has to suffer now

    • @MeYou-yz2yz
      @MeYou-yz2yz หลายเดือนก่อน +20

      @coinbowl 🤣🤣🤣

    • @marciaterry2002
      @marciaterry2002 หลายเดือนก่อน +22

      The tariffs will destroy us!

    • @cameroncole06
      @cameroncole06 หลายเดือนก่อน +2

      Get to making that 2024 video.

    • @Quarknjaguar
      @Quarknjaguar หลายเดือนก่อน

      @@marciaterry2002 IF they come they will destroy global trade

  • @sirrodneyffing1
    @sirrodneyffing1 หลายเดือนก่อน +1672

    The UK itself does a very good job of making itself poorer; it needs little help from anyone else.

    • @Anon54387
      @Anon54387 หลายเดือนก่อน +24

      Isn't that the the truth? The UK ground to a halt in 1978 because of such extensive government involvement in the markets, but then Jeremy Corbyn says he'd re-nationalize industry if he became PM. And tens of millions of UKers thought that sounded wonderful despite the last go around with socialism being within living memory.

    • @Spido68_the_spectator
      @Spido68_the_spectator หลายเดือนก่อน +15

      Thank Cameron for that

    • @gregorymalchuk272
      @gregorymalchuk272 หลายเดือนก่อน +5

      Ban energy, enter recession.

    • @Talking_Comics
      @Talking_Comics หลายเดือนก่อน +69

      The US is basically undergoing its own version of Brexit - an anti-immigration isolationist movement that will lower the standard of living in the US. I think this video is a somewhat optimistic view of possible outcomes but we'll see

    • @tuckerbugeater
      @tuckerbugeater หลายเดือนก่อน

      @@Talking_Comics it's green

  • @commonwombat-h6r
    @commonwombat-h6r หลายเดือนก่อน +2777

    Musk is like reverse robin hood. Take it from the poor and give it to the rich

    • @eymerich9237
      @eymerich9237 หลายเดือนก่อน +188

      yep, that's capitalism for you

    • @Joe-Mama978
      @Joe-Mama978 หลายเดือนก่อน +108

      Cry harder lib 😂

    • @noahgeerdink5144
      @noahgeerdink5144 หลายเดือนก่อน +94

      And people look up to him.

    • @mr.fantastic7756
      @mr.fantastic7756 หลายเดือนก่อน +31

      COPE. 😂

    • @nickt2822
      @nickt2822 หลายเดือนก่อน +295

      @@Joe-Mama978 are you enjoying that tesla self drive since 2016?... oh wait...

  • @baddolphin1423
    @baddolphin1423 หลายเดือนก่อน +208

    You're assuming the FED will remain independent. Last time, Trump wasn't very happy with them and now he has all the means of control.

    • @xantiom
      @xantiom หลายเดือนก่อน

      Americans have zero idea, this is the beginning of the end of democracy. I saw it happening before in Latin America, once populista win there is no going back. Your country is already dumb, you get the ruler you deserve. And the tyrant will intervene all institutions in the nation, including the central bank. That's the begining of the end. The US will become the new Venezuela/Russia, oligarchs dictating rules and the tyrant puppet doing whatever he wants to keep the job title forever.

    • @jeffbenton6183
      @jeffbenton6183 หลายเดือนก่อน +11

      He addressed that in a reply to a different comment: "As far as I can see that will be really difficult to pull off since he can only slowly start replacing the fed board members"

    • @TheLumberjack1987
      @TheLumberjack1987 หลายเดือนก่อน +87

      @@jeffbenton6183 They said the same about the supreme court, look where that went.
      They said the same about Roe, look where that went.
      Underestimating Trump's potential for causing damage after looking at his 4 year track record is malicious stupidity honestly.

    • @jimthain8777
      @jimthain8777 หลายเดือนก่อน

      @@jeffbenton6183
      With an act of Congress, he can replace them all in one fell swoop.
      You people have no idea what can be accomplished IF all the "independent" parts of government CHOOSE to work together for one man's goals.
      THIS is why MAGA is dangerous.

    • @patnor7354
      @patnor7354 หลายเดือนก่อน +2

      Ah yes... How can anyone want the currency and thus economy to be controlled by people elected by the citizens instead of the bank cartel...?

  • @katelyn3928
    @katelyn3928 หลายเดือนก่อน +302

    the first tangible result of this election: 72 million americans don't know a single thing about how money works, thinks gas and grocery prices are going to magically be lower under Trump, and that I'm going to start laughing at them when it bites them in their wallet - and mine.

    • @Teej56
      @Teej56 หลายเดือนก่อน +31

      Same here. They chose this dumpster fire. I don’t want our country to remain this divided anymore, but I just can’t fathom the support for that man. The complete opposite of what the classic GOP stands for

    • @katelyn3928
      @katelyn3928 หลายเดือนก่อน +47

      @@Teej56 The support for DJT comes from three types of people: ignorant people, people who are just as hateful as him, and the people who are both ignorant and hateful.

    • @AustinCDennis
      @AustinCDennis หลายเดือนก่อน +22

      Those people put out the Biden "I did that" stickers on gas pumps but I have yet to see those stickers again now that gas prices have gone down.

    • @SwabcraftCreates
      @SwabcraftCreates หลายเดือนก่อน

      EVERY SINGLE FASCIST UNDEMOCRAT HAS NO FUCKING CLUE ABOUT THE ECONOMY AND EVERY LAST ONE OF YOU GET A MASSIVE F IN CLASS FOR BIDENOMICS.

    • @revekat2053
      @revekat2053 หลายเดือนก่อน +3

      Drug dealing and use is going to increase

  • @SuperDryDiver
    @SuperDryDiver หลายเดือนก่อน +60

    It means a guy who sank all of his own companies is about to wreck everyone else's.

    • @EFWW-42
      @EFWW-42 หลายเดือนก่อน +21

      Even casinos! How the hell do you tank a casino? I thought the house always wins.

    • @robertcampomizzi7988
      @robertcampomizzi7988 หลายเดือนก่อน +7

      ​@EFWW-42 no shit! Right!???

    • @EFWW-42
      @EFWW-42 หลายเดือนก่อน +8

      @@robertcampomizzi7988 It takes a special kind of stupid to do that.

    • @stormking57
      @stormking57 หลายเดือนก่อน +1

      ​@@EFWW-42And Trump's that special kind of stupid.

    • @LonChera-1
      @LonChera-1 หลายเดือนก่อน +1

      he didn't though.

  • @Daveyjonesvi
    @Daveyjonesvi หลายเดือนก่อน +351

    These policies will affect the poorest and hardly the rich as always

    • @alphaomega1351
      @alphaomega1351 หลายเดือนก่อน +1

      Yep... but that's the case no matter the party.
      The filthy rich own just about everything including government influence. 🤓

    • @123_1
      @123_1 หลายเดือนก่อน +29

      But for the poor, there is always the fun voting for Trunp!

    • @Misaka-gt5yj
      @Misaka-gt5yj หลายเดือนก่อน +8

      The federal tax penalty for not having health insurance was known as the individual mandate penalty. It was part of the Affordable Care Act (ACA), also known as Obamacare. Trump and Congress effectively eliminated this penalty through the Tax Cuts and Jobs Act, which set the penalty to $0 starting in 2019
      Yes in fact poor people who couldn't afford health insurance but not poor enough to get it for free now can keep more of their paycheck.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      ​@@Misaka-gt5yj I'm sure they'll be fine when they get a $10,000 bill for repairing a torn meniscus or having a baby.

    • @ryderoreilly9807
      @ryderoreilly9807 หลายเดือนก่อน

      I'm sorry but most of these poor people voted for him and I'm done being empathetic. They deserve everything they get with this and they will likely fine zero phucks from the rest of the world when they cry about not realizing what he would do.

  • @Terrorstar-gbp
    @Terrorstar-gbp หลายเดือนก่อน +142

    It is funny that trump supporters say he is geniune while also saying not to take his words literally, really 🫠

    • @Runny117
      @Runny117 หลายเดือนก่อน +12

      drives you nuts doesnt it.

    • @zachriley7132
      @zachriley7132 หลายเดือนก่อน +17

      It's a cult.

    • @KelliAnnWinkler
      @KelliAnnWinkler หลายเดือนก่อน +4

      @@Runny117 It really does. Kinda funny how NOW tariffs are the new boggy man. They don't seem to have a problem with tariffs imposed on US goods, but have a problem when it's reversed.

    • @Mirror371
      @Mirror371 หลายเดือนก่อน

      ⁠ You're not living in a democracy; you're in an i11usion of freedom. Just because you aren't physica11y restrain3d doesn't mean you're truly free. Animals have more fr33d0m than y0u. They don't pay for water or food, which is as f00lish as paying for air. If it were possible, I bet you wouldn’t have a problem with paying rent for air if they made you.

    • @socksrocksandocks4824
      @socksrocksandocks4824 หลายเดือนก่อน +4

      😂 I hope he does EVERYHING he said he would

  • @luipaardprint
    @luipaardprint หลายเดือนก่อน +563

    Elon musk will be heading D.O.G.E.
    You couldn’t make this up if you tried.

    • @ReverberatingTenor
      @ReverberatingTenor หลายเดือนก่อน

      Yeah Elon musk wants to convince us trimming down federal spending by 2 trillion is a good thing. It is a good thing for those who have lots of money to buy up property and resources during a manufactured recession and sell it back. All while there is already a government efficiency organization.

    • @psychedelicpirate3355
      @psychedelicpirate3355 หลายเดือนก่อน +69

      Dude you are botting responses to every comment. Its really pathetic. Find something better to do with your time or at least engage productively.

    • @swaggery
      @swaggery หลายเดือนก่อน +33

      Surprised he didn't call it DOGE 420/69.

    • @notnjx5270
      @notnjx5270 หลายเดือนก่อน

      Infantile moron. He gives autists a bad name

    • @Alexander-z6x
      @Alexander-z6x หลายเดือนก่อน

      ​@@WolverineXOXOa little crybaby that has to be walzed around each critical supply chain and production place if he comes to visit a factory because he wants to visit a facory of his, because his engineers fear he will fuck yet another thing up (his rockets crashing is 100% musks fault, he meddled too much with the designs)
      Everything both trump and musk touch will and do crumble, all they are good for are banks and at the exorbitant fees they give you its safet to go to a bank

  • @OsamahMoco
    @OsamahMoco หลายเดือนก่อน +302

    I started my first job in 1985 and a few years later, I set the goal to have $1 million saved by the time I retired. I'm 3 years from retirement and hit that goal last year, but I now know I should have moved that goal post further out to $1.5 million or more.
    I remember as a kid thinking millionaires were these people who lived like demi-gods among all us serfs. Now I am one and still don't feel any different from a serf.

    • @FradAnner
      @FradAnner หลายเดือนก่อน +10

      You get used to it. lam a net worth seven figure guy for 6 years now. Actually had seven figures in all retirement accounts as of 2020. Had seven figures in just one account this year. I still drive the same car I bought 23 years ago. Everyone who sees me thinks I'm the poorest of the poor because I don't even wear a watch or
      "dress to impress" now.

    • @MosheerElly
      @MosheerElly หลายเดือนก่อน +1

      I would really love to know how much work you did to put in to get this stage

    • @SehunEscobar
      @SehunEscobar หลายเดือนก่อน +6

      Sorry to burst your bubble but $1M in 1985 is equivalent to $2.9M today. You are still doing well but it demonstrates the reality of inflation. If you live 20 years in retirement odds are you will need 2X as mcuh per year as compared to the when starting retirement

    • @OsamahMoco
      @OsamahMoco หลายเดือนก่อน +5

      @@SehunEscobarI’m not naive about my $1 million bubble; I know it’s not what it used to be. That’s why I say I wish I had focused more on the future early in my career. It’s amusing that my investments rank me in the top 3% of savers, yet I still feel nervous about what’s ahead. To make things worse, I decided 30 years ago to forgo a defined pension, which would have put me in a much better spot now. But I get that it’s really about managing my expenses, and I’m sure I can make that work.

    • @OsamahMoco
      @OsamahMoco หลายเดือนก่อน

      @@MosheerEllyStephanie Janis hooked me up with a late-stage fund that got me in on private shares of some hot companies before they hit the market or blew up. Those investments totally paid off when the companies went public and their stocks shot up. Now, I'm stoked because l'm heading into retirement with almost a million bucks in my portfolio.

  • @RickBerman-iv2il
    @RickBerman-iv2il หลายเดือนก่อน +846

    People voted for Trump to cut inflation while being so ignorant they failed to realise policies would increase inflation. One could laugh.

    • @BigK-2001
      @BigK-2001 หลายเดือนก่อน +160

      Idiocracy was a documentary.

    • @peixeserra9116
      @peixeserra9116 หลายเดือนก่อน

      His policies helped caused the inflation Biden inherited. And now people not only voted for him going for policies that are even more Inflationary, they went on and elected a mostly Republican House and Senate, who are blind followers of him.
      This genuinely feels like a very shitty movie.

    • @peixeserra9116
      @peixeserra9116 หลายเดือนก่อน +257

      @@WolverineXOXO Oh poor little thing. Did no one teach you in school that economic policy tends to take a while before it takes effect?
      Specially one that is enacted during a period of upward trend, like the one Obama handed over to Trump?

    • @Daveyjonesvi
      @Daveyjonesvi หลายเดือนก่อน +42

      @@WolverineXOXOthey are different policies

    • @aedendobos5417
      @aedendobos5417 หลายเดือนก่อน +95

      Inflation isn’t going away anytime soon. The current inflation we see today can be attributed largely to the Covid pandemic, as the printing of money as a stimulus measure was needed to prevent the economy from screeching to a halt. The US also faces an insane debt crisis dude to horrible mismanagement by both Dems and Republicans for years. Whats scarier is inflation is preferred in order to lessen the burden of past debts. It’s only a matter of time before things start to buckle. There is simply no easy way out of this pickle and it remains to be seen how it all goes down. I hope everyone is able to set aside their differences and tackle these problems before they blow up in our face.

  • @LearnThaiRapidMethod
    @LearnThaiRapidMethod หลายเดือนก่อน +39

    Tariffs are paid for by the consumers. It’s lose-lose for everyone.

    • @YoY664
      @YoY664 หลายเดือนก่อน

      Not a loss. Demand will definitely be hit, forcing the producers to slash costs and/or reshore manufacturing or atleast bring it to Mexico. Short term it wont be pretty, Biden's economic policies were smart and an extension of Trumps, just with more paperwork.

    • @anggi8699
      @anggi8699 หลายเดือนก่อน

      It's also unfair. People who earn less than minimum wage don't need to pay tax. But with tarif they can be tax through inflation caused by the tariff. Meanwhile the rich will always find a way to not paying taxes.

    • @ramezhachicho1777
      @ramezhachicho1777 25 วันที่ผ่านมา

      @@anggi8699 Well the idea isn't to just scalp people and make people pay that money it's to change the landscape so that other routes that weren't previously as viable on an individual/company level. But are better at a national level .. Are more favored. Is this going to make life difficult for people needing to pay the Tarriff? Sure .. That's really the idea .. Now I admit I don't know enough to really predict how this is going to go. But if I had to make a guess. Trump is trying to make sure america's resources get used internally. To produce goods that first supply the populace then fund a profitable export market. Rather than importing things fromk countries that treat their workers even WORSE than america lol. Trump doesn't want to be importing things from all over the world. Especially NOW when things are so dicey. Will this move put a strain on america's economy? Of course .. But it may make the country more self sufficient and resistant to economic shocks from elsewhere in the world. One of the reasons were in such a huge meltdown right now. Is because all our systems are SO interconnected that when the slightest real conflict breaks out there's catastrophic disruptions. Look at my country the UK. Our politicians got so lax that our entire country runs off the service industry. And now look at us. We've nothing to sell .. And no money to buy. We built a world built on the idea of eternal peace. Assuming WW2 would be the last huge conflict which was perhaps naivete incarnate.

  • @CharlesB-NGNM
    @CharlesB-NGNM หลายเดือนก่อน +55

    The question isn't whether Trump will create an economic disaster. It's what will be the scope and scale of the disaster and how you prepare for it.

    • @Runny117
      @Runny117 หลายเดือนก่อน +6

      what if we can't? that's what i am afraid of. 2nd term so he'll go all out

    • @GreenTara2010
      @GreenTara2010 หลายเดือนก่อน +6

      @@Runny117 Do the best you can. Pay off all debts, live frugally, and don't get into any kind of long term debt, buy basic household supplies and tools to avert tariffs.

    • @jamesgang7605
      @jamesgang7605 หลายเดือนก่อน

      Biden created the disaster; it's inevitable. How's that *INFRASTRUCTURE plan workin' out* for ya? Sure glad we got all of the electric car charging stations installed everywhere across the U.S. Where's all that Ukraine money going, where are the AUDITS for ALL of the money spent during the biden administartion??? Trump didn't create an economic disaster the first time he held office, and won't this time either. *Let's hope he doesn't have to fight off a bunch of friggin' IDIOTS every step of the way* while he's trying to get something done like he had to last time around. *This means YOU DEMOCRATS and RINOS, STOP MEDDLING*, that would be a good way to START. C''mon, we KNOW you can do it, just try, *CONCENTRATE*!

  • @je_suis_onur
    @je_suis_onur หลายเดือนก่อน +520

    My fear is that the FED will delay cuts and Trump will try to overthrow the board and elect loyalist which will cut rates prematurely causing a massive inflation when coupled with tariffs, the likes that US never has seen. FED is technically independent but US is in uncharted waters now and anything can happen.

    • @97NRBhgfdkjsvfdkjl
      @97NRBhgfdkjsvfdkjl หลายเดือนก่อน +16

      Touch grass

    • @je_suis_onur
      @je_suis_onur หลายเดือนก่อน

      @@97NRBhgfdkjsvfdkjl We'll see my friend. Don't underestimate the stupidity of Trump. It is bottomless pit.

    • @Not_a_lier
      @Not_a_lier หลายเดือนก่อน +78

      America got itself into this situation

    • @xiphoid2011
      @xiphoid2011 หลายเดือนก่อน

      The next fed board member due for replacement is not until 2026. Trump may be able to install 1-2 loyalists to the board before his term is over. He would have to get really lucky to do more than that, like more than 1 or 2 other board member develop cancer like with the Supreme Court.

    • @bigsquez
      @bigsquez หลายเดือนก่อน +69

      Trump doesn't know what he is doing

  • @Raniyanhunter
    @Raniyanhunter 26 วันที่ผ่านมา +1220

    The Federal Reserve halted rate hikes, which is a very bold move by the Fed to stimulate economic expansion, ease financial conditions and address inflation concerns with potential benefits for consumers. The major concern for me and I believe every other investor is on opportunities present in the market to enhance overall portfolio performance

    • @garnold-l5p
      @garnold-l5p 26 วันที่ผ่านมา +5

      The importance of mitigating risks might be why many investors are turning to advisors for guidance.

    • @Mlanderos-t9e
      @Mlanderos-t9e 26 วันที่ผ่านมา +4

      I agree. Based on my personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has seen exponential growth. It's not just about having money to invest in stocks; you also need to be knowledgeable, persistent, and have the strength to hold on during market fluctuations

    • @Anessa-gibson
      @Anessa-gibson 26 วันที่ผ่านมา +1

      Could you kindly elaborate on the advisor's background and qualifications?

    • @Mlanderos-t9e
      @Mlanderos-t9e 26 วันที่ผ่านมา +4

      Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Judith B. Richards’’ for about five years now, and her performance has been consistently impressive.She’s quite known in her field, look-her up.

    • @Anessa-gibson
      @Anessa-gibson 26 วันที่ผ่านมา +3

      Thank you so much for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!

  • @ADjustinG2013
    @ADjustinG2013 หลายเดือนก่อน +70

    Argentina: we're offing ourselves
    America: cool, lemme try that

    • @beldilorenzo1
      @beldilorenzo1 หลายเดือนก่อน +8

      literally all our economic markers have gone up since voting for Milei. Educate yourself - his positive image is on the rise.

    • @kingjojojo1
      @kingjojojo1 หลายเดือนก่อน +4

      argentina was a basket case, now its better

    • @st.altair4936
      @st.altair4936 หลายเดือนก่อน +6

      Milei thinks they're buddies too lol

    • @RubensBarrichello.
      @RubensBarrichello. 29 วันที่ผ่านมา +1

      @@ADjustinG2013 have you been to Argentina?

    • @AL-lh2ht
      @AL-lh2ht 23 วันที่ผ่านมา

      @@beldilorenzo1 why lie?

  • @TilSchweiger-i3f
    @TilSchweiger-i3f หลายเดือนก่อน +2248

    The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

    • @Joegolberg1
      @Joegolberg1 หลายเดือนก่อน

      Financial consultants can help by recommending investments that outpace inflation, such as real estate or certain stocks. A client of mine followed this strategy and saw their savings grow by 15_% in just two years, effectively countering inflation.

    • @TilSchweiger-i3f
      @TilSchweiger-i3f หลายเดือนก่อน

      That makes sense. Unlike us, you seem to have the market figured out. Who is your fiduciary?

    • @Joegolberg1
      @Joegolberg1 หลายเดือนก่อน

      GREGORY LEO CATTEL is the licensed FA I work with, I can't speak much about him you should make a search with his name, you'd find the necessary details to schedule an appointment.

    • @TilSchweiger-i3f
      @TilSchweiger-i3f หลายเดือนก่อน

      he appears to be well-educated and well-read. I ran a Google search for his name and came across his website; thank you for sharing.

  • @lilbigman9127
    @lilbigman9127 หลายเดือนก่อน +65

    We're all fucked

    • @ArmageddonIsHere
      @ArmageddonIsHere หลายเดือนก่อน

      Not yet...
      But in a while, maybe...

    • @RocketPal
      @RocketPal หลายเดือนก่อน +1

      you already are, thanks to biden.

    • @simondavies2262
      @simondavies2262 หลายเดือนก่อน +1

      Speak for yourself.

    • @lordsysop
      @lordsysop หลายเดือนก่อน

      ​@@simondavies2262you will be fucked and disappointed lmao

    • @lilbigman9127
      @lilbigman9127 หลายเดือนก่อน

      @ Nah, I speak for the 16 Nobel prize-winning economists who call Trump's plan inflationary. I speak for the hundreds of scientists who shake their head at climate change denial. I speak for 1.2 million citizens dead from mismanagement of a global pandemic by the president elect. I speak for the millions of working class Americans whose taxes will INCREASE with the Project 2025 agenda. I speak for all of us who can't afford Musk's own admission of a "temporary hardship"... Seriously, read a book.

  • @Lastman1900
    @Lastman1900 หลายเดือนก่อน +1300

    Two spoiled billionaires with unchecked power. What could go wrong?😂

    • @ashishpatel350
      @ashishpatel350 หลายเดือนก่อน +167

      both of which require the government to prop up their companies

    • @mr.fantastic7756
      @mr.fantastic7756 หลายเดือนก่อน +15

      Maga ☺

    • @Lastman1900
      @Lastman1900 หลายเดือนก่อน +44

      @ashishpatel350 Oh, So it's a good thing that they have the government to themselves now. Saves everyone's time you see 😄

    • @hopr
      @hopr หลายเดือนก่อน +10

      Musk and who?

    • @frocco7125
      @frocco7125 หลายเดือนก่อน +9

      All "official acts" are fair game lol

  • @lil-g4879
    @lil-g4879 หลายเดือนก่อน +273

    The tariffs will hit hard working Americans, and he increased tax cuts for wealthy families, not working families...

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน +49

      Maybe American voters will finally feel negative consequences for their actions.

    • @RubensBarrichello.
      @RubensBarrichello. หลายเดือนก่อน +5

      ​​​@@spacetoast7783 lol you think the voters are what matters. 😂😂 oh plebicites are hilarious

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน +10

      @@RubensBarrichello. Who do you think will be the president of the US in February?

    • @RubensBarrichello.
      @RubensBarrichello. หลายเดือนก่อน

      @@spacetoast7783 do you think votes actually win you the election? Are you new to US politics?
      Ballots win you elections and trump stopped 20 million ballots from being counted. It's rigged as it always has been. The ballots are fake, the numbers are fake and it's all just a show

    • @exurosanctus
      @exurosanctus หลายเดือนก่อน

      @@spacetoast7783 they'll just blame it on the libs like always.

  • @velshock
    @velshock หลายเดือนก่อน +59

    Wait until they find out what tariffs really mean.

  • @brianbergman1454
    @brianbergman1454 หลายเดือนก่อน +105

    Yes ,the rich will get richer and everyone else will get poorer

    • @strigoiu13
      @strigoiu13 หลายเดือนก่อน

      this is the short story after the fall of the communist russia...perpetual losses and shrinking of the middle class whatever the middle class votes, does or does not do...

    • @RubensBarrichello.
      @RubensBarrichello. หลายเดือนก่อน +2

      All is as it ever has been

    • @madrockon7357
      @madrockon7357 หลายเดือนก่อน

      @@RubensBarrichello. x10

    • @ailo8964
      @ailo8964 หลายเดือนก่อน

      This is a bipartisan consensus

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      Not even. It's a lose-lose except for people who are in the new oligarchy.

  • @KingUnKaged
    @KingUnKaged หลายเดือนก่อน +369

    Trump also ran on subordinating the Fed to the President with the explicit goal of keeping rates low. I wonder if this video understates the risk of wild inflation.

    • @MoneyMacro
      @MoneyMacro  หลายเดือนก่อน +155

      As far as I can see that will be really difficult to pull off since he can only slowly start replacing the fed board members

    • @joarvat
      @joarvat หลายเดือนก่อน +83

      That was also Erdogan's policy. It did not go well.....

    • @Bewleys_
      @Bewleys_ หลายเดือนก่อน +96

      @@MoneyMacro That was said about the supreme court which is likely going to a 7-2 partisan split. Think we're entering unknown territory here

    • @Godzilla52
      @Godzilla52 หลายเดือนก่อน +33

      Also, from an international perspective, we've seen what the lack of central bank independence did in places like Turkey where the executive branch under Erdogan really mismanaged monetary policy etc. Though fortunately, I think doing the same thing to the fed would be extremely difficult to pull off.

    • @badluck5647
      @badluck5647 หลายเดือนก่อน

      ​@@MoneyMacroWith a cult of Republicans in both houses and a willingness to ignore the filibuster, Trump can do whatever he wants.

  • @123rpriest
    @123rpriest หลายเดือนก่อน +535

    Given the timing of this I have to believe he made another video in case Kamala won, lol. Great video!

    • @MoneyMacro
      @MoneyMacro  หลายเดือนก่อน +550

      @@123rpriest I did

    • @Grain_of_wheat
      @Grain_of_wheat หลายเดือนก่อน +71

      ​@MoneyMacro can you please release it, maybe as a bloopers video or a whatif.
      It feels like a waste to leave all that work beh8nd, and i would love to see it man (:

    • @MoneyMacro
      @MoneyMacro  หลายเดือนก่อน +255

      ​@@Grain_of_wheatI didn't record it. Just wrote the script.

    • @Grain_of_wheat
      @Grain_of_wheat หลายเดือนก่อน +45

      ​@MoneyMacro oh, thats a shame.
      Great video though, found your channel recently, friend said it was great so i cant wait for more videos.

    • @ismailchairi5212
      @ismailchairi5212 หลายเดือนก่อน +19

      ​@@MoneyMacro make an article or in posts

  • @RetrieverTrainingAlone
    @RetrieverTrainingAlone หลายเดือนก่อน +134

    As a US Citizen, I am concerned that tariffs will increase consumer prices and substantial inflation.

    • @yesand5536
      @yesand5536 หลายเดือนก่อน +54

      Plan for it, bigtime. And if you voted for Trump, then this is part of the consequence that you have to deal with.

    • @5353Jumper
      @5353Jumper หลายเดือนก่อน +39

      As with every term in the US since the 50s.
      If a Democrat gets elected, invest long and ride the growth.
      If a Republican gets elected start shorting everything, buy gold and prepare for the recession.

    • @george.carlin
      @george.carlin หลายเดือนก่อน +1

      Agreed, Though don't you think that a domestic producer "sees" increased prices "smells" a profit for herself/himself and starts producing the same thing. If your local producer is successful you soon will get a good price. If L.P. grows farther she perhaps can hire a few local workers and that is good too. Don't you think?

    • @5353Jumper
      @5353Jumper หลายเดือนก่อน +5

      @george.carlin at absolute best, the local producer will make it for the inflated price...and hire a couple people along the way.
      Still means inflation.

    • @GoLifting
      @GoLifting หลายเดือนก่อน +16

      @@george.carlin We don't have the manufacturing infrastructure nor the manpower to make things in the U.S. You obviously do NOT understand the economy in the states. Especially when we deport migrants, say goodbye to our domestic productions and material. Business owners do not have the money to pay US wages to manufacture everything. Go look up why we don't manufacture things here. Labor + Material prices = higher prices for all consumers = less demand = economic crash = use your brain. Unemployment would be through the roof, inflation would skyrocket, supply would crash, and everyone will be broke and starving to death. Great depression all over again without a Democrat to fix it.

  • @lordliege
    @lordliege หลายเดือนก่อน +122

    One might expect both, a short term boom followed by a crash. The parties seem to have different preferences, dems preferring to minimize unemployment with steady growth and the reps preferring booms and busts to gain on the swings.

    • @reaperz5677
      @reaperz5677 หลายเดือนก่อน

      It's honestly incredible just how stupid this whole system is. Democrats inherit an unstable/broken economy, fix it within a term or two, and then Republicans inherit the economy and just crash it again. Regardless of this infinite loop, the fact that Democrats are still heralded as the ones less trustworthy with the economy is insane.

    • @weldonyoung1013
      @weldonyoung1013 หลายเดือนก่อน

      So that's why Boeing never came up during the Election.
      Remind me which team was Pro Business.
      Shuw, rest of world get on Boeing - do we then expect a Crash !

    • @greatmatt301
      @greatmatt301 หลายเดือนก่อน +49

      Yeah, and after that boom, chances are the democrats will have to come in and clean up the mess.

    • @Brutus_Maxximus
      @Brutus_Maxximus หลายเดือนก่อน +5

      You’re wrong, the only “growth” under Dems was government jobs by massively expanding the government which helps no one. Private sector growth was absolutely horrible the last 4 years.

    • @bosatsu76
      @bosatsu76 หลายเดือนก่อน

      @@Brutus_Maxximus reagan ran on 'gummint bad'... The Doubled its size... Ran on the debt being horrible... Nearly QUADRUPLED it in his 8 years... He set the tone for every republican since... BORROW from our grandchildren, and live in a drunken stupor till some election when Democrats have to come in and reapply honest and common sense to the economy...

  • @Grenadier311
    @Grenadier311 หลายเดือนก่อน +174

    For all of his talk about China, the trade deficit only grew under his first administration.

    • @Cherry-pu4mx
      @Cherry-pu4mx หลายเดือนก่อน

      Not true. The tariffs were implemented in 2018 and the deficit decreased for 2019 and 2020. Under biden who maintained the tariff saw record low deficits with china in 2023.

    • @robnotwicz7002
      @robnotwicz7002 หลายเดือนก่อน +51

      China pretty much got everything they could have possibly wanted out of Trump's first term. Xi is vey clearly better at this game than Trump is, on top of having more direct control, so I expect similar successful maneuvering around Trump's bluster.

    • @BYD-Gold
      @BYD-Gold หลายเดือนก่อน

      ​@@robnotwicz7002
      You are correct.
      On top of that, Trump made one of the most critical move in history. Get U.S out of TPP (Trans-Pacific Partnership) free-trade block.
      This would be the largest free-trade group in the world.
      And because of that decision, China created the RCEP and it is now the largest FTA bloc in the world.
      Not only China, but Russia also benefit due to Trump being hardline on Europe to spend more on defense while giving Ukraine to Russian sphere of influences.
      He also facilitated the Abraham Accord (united bloc in Middle-east), he even visited DPRK and established diplomatic tie for the first time.
      In a way, Trump is a broker (making deals for other for small commission) and an isolationist (basically couldn't careless about international relations).
      He is good for outside of U.S, but bad for inside of U.S long-term wise.

    • @Cherry-pu4mx
      @Cherry-pu4mx หลายเดือนก่อน

      @@robnotwicz7002 I'm sure losing market share in the USA was not what he wanted lol. Are you unaware of chinas failed attempt to dedollarise and the BRICS talk of a new currency to replace the dollar lmao? What about the impact this trade war has had on china? Their economy was hit hard while in a housing crisis too
      Like what did china beneift from having trump in office exactly?

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      Trump is an absolute cuck on the world stage.

  • @umutcakmak3221
    @umutcakmak3221 หลายเดือนก่อน +95

    I like how anything happening in the world just loses Turkey more money. wtf is an economy

    • @basu_20999
      @basu_20999 หลายเดือนก่อน

      Yea😂😂😂

    • @termitreter6545
      @termitreter6545 หลายเดือนก่อน +13

      To be fair, thats mostly the fault of Turkey. Or probably more specifically Erdogan.

    • @monsterboomer8051
      @monsterboomer8051 หลายเดือนก่อน

      Erdogan's voters fault.

    • @yemxgrunt7327
      @yemxgrunt7327 26 วันที่ผ่านมา

      🤣🤣🤣

  • @VeronicaOlivers
    @VeronicaOlivers 26 วันที่ผ่านมา +515

    Alright, so I’ve got $56k sitting pretty in my emergency fund, ready to dive into the world of investing. But here I am, watching this video, wondering if Trump’s next move is gonna tank the markets or create golden opportunities. Anyone else feel like the global economy is one big reality show, and we’re all the contestants? 😂 Seriously though, where’s the best place to start? Stocks? Real estate? Crypto? Help me out here!

    • @MollyShorters
      @MollyShorters 26 วันที่ผ่านมา +4

      Ah, the classic ‘where do I start’ dilemma! Listen, markets are unpredictable-especially with politics thrown in. I’d say start with some index funds to keep it simple. That’s how I began. But honestly, if you’re feeling lost, a financial advisor could be your golden ticket. Mine turned my chaos into strategy-worth every penny!

    • @SilvesterMiles-y4j
      @SilvesterMiles-y4j 26 วันที่ผ่านมา

      I hear you both! I’ve been sitting on cash too, unsure whether to go all-in on ETFs or dip my toes into real estate. But finding the right financial advisor feels like searching for a needle in a haystack. Any tips for locating someone legit?

    • @MollyShorters
      @MollyShorters 26 วันที่ผ่านมา +4

      There are a handful of CFAs. I’ve experimented with a few over the past years, but I’ve stuck with Linda Aretha Reeves for some years now, and her performance has been consistently impressive. She’s known in her field-look her up.

    • @VeronicaOlivers
      @VeronicaOlivers 26 วันที่ผ่านมา +2

      Checked out Linda Aretha Reeves-she looks like the real deal! Exactly the kind of guidance I’ve been searching for to kickstart my investing journey. Thanks for the recommendation!

    • @blissds-gi3mb
      @blissds-gi3mb 26 วันที่ผ่านมา

      Watched Linda Aretha Reeves at a Bloomberg finance summit four years ago-her insights were next level! Can’t wait to connect with her and level up my portfolio!

  • @V2RocketScientist
    @V2RocketScientist หลายเดือนก่อน +22

    Tax cuts don't make Americans richer. Wealth can only come from more productivity. And the tariffs could potentially drive that by bringing manufacturing back home but who's going to do that work? The intelligent, white collar workers who are already bringing in wealth higher than any manufacturing job could do? Unemployment is low; it's tough to hire good blue collar workers. And Trump is promising to deport immigrants? If we want to bring manufacturing back, we need more immigrants, not less. Otherwise, this will just be a cash grab for domestic manufacturers by raising their prices and will ultimately make America poorer.

    • @afreire239
      @afreire239 หลายเดือนก่อน +3

      Arent americans smart enough to automate instead of using slave labour?

    • @V2RocketScientist
      @V2RocketScientist หลายเดือนก่อน

      @afreire239 there's some smart people among the morons. Automation is definitely a thing that's going on in the USA. These changes might help push more automation. But the opposite could happen if we're stuck in a hole trying to make the things we need instead of working on advanced technology. And the rising cost of Chinese labor has been an issue where automation has been helping them build better and keep the prices down. China isn't a bunch of poor people on am assembly line knitting things together; it's all machines working on a highly productive level. So it's still not better to do it ourselves with that already established. AI and robots might change that.

    • @bigjohnson7415
      @bigjohnson7415 หลายเดือนก่อน

      Indeed! And the young generations are more inclined to want to be "Influencer's" or Poker stars, or Content Creators than working some pissant factory job! How gauche!

  • @stevenharrison151
    @stevenharrison151 หลายเดือนก่อน +102

    This election result makes me crave some Brawndo. It´s got electrolytes!

    • @TheAmericanAmerican
      @TheAmericanAmerican หลายเดือนก่อน +16

      It's what plants crave!

    • @ngimatashi
      @ngimatashi หลายเดือนก่อน +12

      All hail President Dwayne Elizondo Mountain Dew Herbert Camacho!

    • @veson231
      @veson231 หลายเดือนก่อน +5

      What are electrolytes? Do you even know?

    • @mistyramsey1840
      @mistyramsey1840 หลายเดือนก่อน +1

      Its really gonna be that bad

    • @bigjohnson7415
      @bigjohnson7415 หลายเดือนก่อน +2

      "Owww, my balls!"🤣😜🤣

  • @mjmf1430
    @mjmf1430 หลายเดือนก่อน +84

    It is anyone’s guess what Trump would do, but one thing is certain: most indicators show that USA is in continual decline, whether socially, economically, life span, education standard, infrastructure, middle income wealth, its reputation. What is ballooning is its national debt, crime rates, homelessness, social divisiveness, wealth gaps, etc.. etc.

    • @lonelychameleon3595
      @lonelychameleon3595 หลายเดือนก่อน +54

      That's just the natural cycle of empires. The election of someone like Trump clearly shows that the golden age is over.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน +17

      Violent crime rates haven't been ballooning tbf. It's unlikely to change much with an aging population.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน +18

      ​@@lonelychameleon3595Americans have had it too good for too long, and have taken it for granted.

    • @lonelychameleon3595
      @lonelychameleon3595 หลายเดือนก่อน +10

      @@spacetoast7783 That’s part of it, yeah. I’m reminded of how spoiled the American voter really is.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      @@lonelychameleon3595 Well if you're looking to see that change, I have great news for you!

  • @andym4695
    @andym4695 หลายเดือนก่อน +110

    So, interest rates go up, or we go into a recession. Wonder if we'll be able to get MAGA out in four years, they'll prove stickier than that.

    • @timon20061995
      @timon20061995 หลายเดือนก่อน

      @@WolverineXOXO Voter only go for money, that's how Trump lost(bad economy) and won(bad economy)

    • @justinvaldez4449
      @justinvaldez4449 หลายเดือนก่อน +68

      @@WolverineXOXO so if papa trump brings a 1929 style depression, you'd still be maga?

    • @hiddenkitty2911
      @hiddenkitty2911 หลายเดือนก่อน

      @@WolverineXOXO Autocratic societies aren't really set up in favor of you, so good luck with that "cultural" movement you guys really think will defeat the big bad lefties that are apparently destroying your "morals" and religious "freedoms"

    • @Yerdadada
      @Yerdadada หลายเดือนก่อน +11

      ​@@WolverineXOXO gay

    • @andersbjrnsen7203
      @andersbjrnsen7203 หลายเดือนก่อน +12

      One could almost hope for record inflation discrediting the MAGA movement for good.

  • @ariel5186
    @ariel5186 หลายเดือนก่อน +250

    He didn't cut taxes for middle and working class. Only for those already rich. 🙃

    • @Lastman1900
      @Lastman1900 หลายเดือนก่อน +15

      Who funds his campaigns? 😂😂😂

    • @SBlondieful
      @SBlondieful หลายเดือนก่อน +37

      Um, no, he cut taxes also for middle class. I know this because I'm middle class and do my taxes. Less was taken out of my check when Trumps tax cut was implemented, and at the end of the year, I did not owe more.

    • @bayridgebull1221
      @bayridgebull1221 หลายเดือนก่อน

      he had the biggest middle class tax cuts since reagan??

    • @RetrieverTrainingAlone
      @RetrieverTrainingAlone หลายเดือนก่อน +8

      The standardized deduction was increased substantially for the middle class independent of exact income. For example, for a married couple filing jointly, the standardized deduction is $29,200

    • @roysherwin9348
      @roysherwin9348 หลายเดือนก่อน

      That's a lie. Have you looked at the tax brackets in the tax cuts and jobs act? Expires at the end of 2025

  • @musicbox99
    @musicbox99 หลายเดือนก่อน +67

    Wait until Aileen Cannon is nominated AG or being a Supreme Court Justice. Just the beginning. Be careful what you wish for.

    • @Tubes12AX7k
      @Tubes12AX7k หลายเดือนก่อน +6

      Hulk Hogan as AG and Scott Baio as head of the Department of the Interior.

    • @krashme997
      @krashme997 หลายเดือนก่อน +13

      @@WolverineXOXO It's funny because all your comments here, when actually formed around an actual argument, only show a barebone understanding on what comes with what you wished for (or none at all)

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน +8

      ​​@@WolverineXOXOWhat a vacuous statement lmao
      Why would you wish for something that wouldn't make you happy?

    • @joesmith-em2cd
      @joesmith-em2cd หลายเดือนก่อน

      @@WolverineXOXO🤡

    • @D_e_n_i_s_e_B
      @D_e_n_i_s_e_B หลายเดือนก่อน +1

      @@WolverineXOXO You can't hide your immaturity. Life is not your fantasy world, kid. Kind warning...

  • @erichhugo1
    @erichhugo1 หลายเดือนก่อน +81

    Dunno about punting the Economist. As economics is a social science they are more cheerleaders and propogators of the American model for capitalism rather than the European model. Yes we have high taxes but we also have infrastructure that's more than three trillion USD and decades better than USA infrastructure

    • @erichhugo1
      @erichhugo1 หลายเดือนก่อน +2

      Sources available

    • @Entertainment-
      @Entertainment- หลายเดือนก่อน +5

      Real Incomes are significantly higher in the US, I would prefer living in the US over the EU.

    • @mightymo8351
      @mightymo8351 หลายเดือนก่อน +41

      ​@@Entertainment-enjoy a shorter life and less holiday then 😅

    • @AAhmou
      @AAhmou หลายเดือนก่อน +1

      ​@@Entertainment- Around 2 or 3 times higher compared to the developed european nations if I recall correctly.

    • @Entertainment-
      @Entertainment- หลายเดือนก่อน +6

      @@mightymo8351 Working in tech allows you to work a couple years, invest or start a business and retire early. You can’t even get a business license without waiting 6 months of bureaucratic back and forth in many EU countries.

  • @CrystalJoy-32
    @CrystalJoy-32 หลายเดือนก่อน +619

    Trump is pro-AI so NVIDIA will succeed. Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive across all sectors. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?

    • @LuvmeRos
      @LuvmeRos หลายเดือนก่อน +3

      I would say find quality stocks that have long term potential and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.

    • @FrankPatrick-no8zo
      @FrankPatrick-no8zo หลายเดือนก่อน +3

      I agree. A financial advlsor can really help you re-adjust and identify blind spots that you yourself do not notice, like mine did in advising me during COVID on how the pandemic will shape things, and I made it out big and still make up to at least 20k in dividend per month.

    • @DennisJack-km8ho
      @DennisJack-km8ho หลายเดือนก่อน +3

      That's really great. I've tried doing some research myself to hire a financial advisor, but it's really overwhelming. Could you recommend who you work with, please?

    • @FrankPatrick-no8zo
      @FrankPatrick-no8zo หลายเดือนก่อน +2

      I've stuck with ‘’Amber Michelle Smith” for years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

    • @RuthEvelyn-rc3bg
      @RuthEvelyn-rc3bg หลายเดือนก่อน +1

      Glad to have stumbled upon this, curiously inputted her on the web, easily spotted her consulting page and was able to schedule a call session. Ive seen commentary about advisers but not this phenomenal

  • @PapaOscarNovember
    @PapaOscarNovember หลายเดือนก่อน +41

    Next few years could be a boon for economist.
    It’s pretty clear Trump is going to do lots of economic experiments. An opportunists to characterize various metrics’ sensitivity to policy variations.

    • @Tubes12AX7k
      @Tubes12AX7k หลายเดือนก่อน +23

      Those who are nearing retirement are not interested in economic "experiments."

    • @oldskoolmusicnostalgia
      @oldskoolmusicnostalgia หลายเดือนก่อน +5

      And them being economists, they will draw the wrong conclusions as always.

    • @patrickbateman1660
      @patrickbateman1660 หลายเดือนก่อน +11

      We know what tariffs do. The 20th century already showed this. History is repeating.

    • @simpleviewer1334
      @simpleviewer1334 หลายเดือนก่อน +3

      ​@@oldskoolmusicnostalgiaAnd someone who knows nothing of the subject can?

    • @JaeohnEspheras
      @JaeohnEspheras หลายเดือนก่อน +7

      Lol, no. He is going to weaken the general economy to benefit the richer. Count on it.

  • @Halcon_Sierreno
    @Halcon_Sierreno หลายเดือนก่อน +11

    Trump will look like absolute crap at the end of his second term.

    • @richardbrooks5899
      @richardbrooks5899 หลายเดือนก่อน +2

      I doubt he'll last a year, Vance is who the donors want.

    • @bigjohnson7415
      @bigjohnson7415 หลายเดือนก่อน +2

      I'm not sure he'll make it to inauguration day!

    • @lordsysop
      @lordsysop หลายเดือนก่อน

      Republicans will take him out with their project 2025 president knowing trump is unhinged

  • @excusemenoexcusemeno1671
    @excusemenoexcusemeno1671 หลายเดือนก่อน +50

    The third scenario is that Trump spends every weekend golfing and forgets to go to work.

    • @bosatsu76
      @bosatsu76 หลายเดือนก่อน +3

      Actual work... Of course... But his enemies list will always be in his pocket... He'll be working on that between shanking golf balls off the course.

    • @simpleviewer1334
      @simpleviewer1334 หลายเดือนก่อน +9

      I forgot he spent almost 4 months worth of the pandemic golfing

    • @_DRMR_
      @_DRMR_ หลายเดือนก่อน +10

      He's basically going to let Musk and RFK jr. do all the work.

    • @krashme997
      @krashme997 หลายเดือนก่อน +12

      A certain Austrian dictator also hated working and let his people do all the work. He liked to make speeches though. Sensing a pattern here.

    • @Unwebonnn
      @Unwebonnn หลายเดือนก่อน +1

      Honestly this is the best case scenario..

  • @NURREDIN
    @NURREDIN หลายเดือนก่อน +1

    I’ve worked for the same Wall Street firm since 1991. It only took Hoover’s threat of tariffs SEVEN MONTHS to start the Great Depression. Trump’s tariffs will be even WORSE.Look around your homes. Everything made in China will increase in price 60%. If you drive a Toyota, Nissan, Honda, Subaru, Hyundai, Kia, BMW, Benz, or Chrysler product (it's an Italian company now) the price will increase 20%. Even if the vehicle is ASSEMBLED here in the States, the PARTS are still imported. Other nations will do the same to us. Prepare for high unemployment by this time next year.

  • @mrN3w7
    @mrN3w7 หลายเดือนก่อน +60

    One thing is for sure... next 4 years won't be boring... 😅😄

    • @snaggiz
      @snaggiz หลายเดือนก่อน +18

      It’s not going to be fun, either.

    • @123_1
      @123_1 หลายเดือนก่อน +2

      past 4 years was boing ?

    • @ArawnOfAnnwn
      @ArawnOfAnnwn หลายเดือนก่อน +8

      @@snaggiz Speak for yourself. As a non-American it's gonna be a lot of fun for me to watch it. :D

    • @ArawnOfAnnwn
      @ArawnOfAnnwn หลายเดือนก่อน +6

      @@123_1 Globally no. The US' responses to it? Yes.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน +1

      Is a boring, competent president really too much to ask for? Why are American voters insisting on drama?

  • @1ndragunawan
    @1ndragunawan หลายเดือนก่อน +14

    You're talking too much sense.
    The US could copy what Erdogan did. This will be a very long episodes of leopard ate my face moments.

  • @phillipkelly736
    @phillipkelly736 หลายเดือนก่อน +40

    Let's make America poorer than a third world country

    • @laurencefraser
      @laurencefraser หลายเดือนก่อน

      Between a lot of third world countries having improved quite a bit since the distinction was actually meaningful, and how bad parts of the USA have been for decades... that won't take as much doing as you might think.
      edit: ... Well, actually, no, the wealth of California, Texas, and New York kind of distort the 'all of America' numbers a Lot, so you'd have to screw up badly enough that they left and/or got completely ruined first, but the Rest of the USA...

    • @ahuatltelicza7874
      @ahuatltelicza7874 หลายเดือนก่อน +1

      a new fourth world country 😩

  • @sa.377
    @sa.377 หลายเดือนก่อน +85

    Now an interesting idea would be to make a video on how stock markets perform under dictators, in various dictatorships and strict oligarchies throughout the time. It is quite interesting as a subject i think and probably prophetic too.. IBM, GM, Ford and Hitler relationships for example ''cough cough''

    • @mr.fantastic7756
      @mr.fantastic7756 หลายเดือนก่อน +2

      USA USA USA

    • @vicomte5047
      @vicomte5047 หลายเดือนก่อน +1

      back to the imperial system of trade.

    • @mr.fantastic7756
      @mr.fantastic7756 หลายเดือนก่อน

      @@jabberwockytdi8901 God Emperor Trump is back at it again 🫡

    • @anarkitty0
      @anarkitty0 หลายเดือนก่อน +9

      ​@@mr.fantastic7756the blind nationalism is funny 😂 You're what we used to call a sheep, before your leader appropriated it.

    • @stevenlee7748
      @stevenlee7748 หลายเดือนก่อน +10

      Markets perform better under democrats

  • @seccat
    @seccat หลายเดือนก่อน +6

    Making the Rich, richer. And the poor, poorer.
    PS: Can’t figure out why his voter wanted to be poorer.

    • @revekat2053
      @revekat2053 หลายเดือนก่อน

      Because they are gullible people.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      These "policies" are so bad. Rich people broadly don't benefit -- just the few people in the new oligarchy.

  • @k98killer
    @k98killer หลายเดือนก่อน +26

    "Department Of Government Efficiency: DOGE". Elon has been waiting years for this joke lol

    • @k98killer
      @k98killer หลายเดือนก่อน +4

      @user-yz8fs5zq6z you sound so salty. A normal, sane person can appreciate a bit of absurd humor without devolving into a neurotic mess.

    • @TheAmericanAmerican
      @TheAmericanAmerican หลายเดือนก่อน

      @@k98killer A bunch of people around the world are going to be suffering next year and beyond thanks to the muskrat, BUT he makes the funni memes so all good! 🤡

    • @BrettCradle
      @BrettCradle หลายเดือนก่อน

      @user-yz8fs5zq6zHalf of America just got a big reality check, the other half is going to get theirs soon.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน +5

      It'll probably last about as long as the dogecoin meme did too lol.

  • @DevilTravels
    @DevilTravels หลายเดือนก่อน +20

    Like previous Republican administrations, it will end in an economic disaster.
    People love to vote against their best interests.

    • @bigjohnson7415
      @bigjohnson7415 หลายเดือนก่อน +2

      Sadly this is true.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      I wouldn't even place much blame on Bush Jr for the 2008 recession. It was a long time coming. The early 90s recession was pretty minor and brief. Trump is just uniquely awful.

    • @DevilTravels
      @DevilTravels 29 วันที่ผ่านมา

      @spacetoast7783 well, Clinton set up the situation and the bush jr administration allowed it to get out of hand with greed.
      That's the problem, I suspect. Republican administrations tend to attract the greedy and the corrupt.

  • @MrLegendra
    @MrLegendra หลายเดือนก่อน +5

    While tariffs could potentially limit some imports, past experience suggests that U.S. consumers still have access to foreign goods. Tariffs simply encourage more competitive pricing and diverse sourcing. Trump’s tax policies increased disposable income, which actually can help fuel a resilient domestic economy and create wealth within the country, benefiting global exporters through stronger economic cycles.
    he U.S. dollar remains the global reserve currency because of the U.S.'s strong economic fundamentals, not due to specific policies of one administration. Trump’s focus on addressing trade imbalances and national economic strength could reinforce the dollar’s position. A fairer trade system and stronger U.S. economy might, in fact, lead to more balanced and sustainable global growth rather than uncertainty.

    • @Vagabond671
      @Vagabond671 หลายเดือนก่อน +4

      Sorry, this is a doom and gloom comment thread only.

    • @フフーガ
      @フフーガ หลายเดือนก่อน

      Cryptofascist detected

    • @MrLegendra
      @MrLegendra หลายเดือนก่อน +3

      @@フフーガ that doesn’t even make any sense lol

  • @mayor-o1w
    @mayor-o1w หลายเดือนก่อน +68

    Thank you for recommending Sarah Jennine Davis on one of your videos. I reached out to her and investing with her has been amazing.

    • @anilhettiarachci8467
      @anilhettiarachci8467 หลายเดือนก่อน

      Wow, congratulations on your impressive investment success! Your discipline and focus on delayed gratification is truly inspiring. I'm curious, what are some of the key factors that you consider when making investment decisions? Do you have any tips for those of us who are just starting to dip our toes into the world of investing? Thanks for sharing your story!

    • @วิทยาคงกะพันธ์
      @วิทยาคงกะพันธ์ หลายเดือนก่อน

      Do you mind sharing info on the adviser who
      assisted you? I'm 39 now and would love to
      grow my portfolio and plan my retirement

    • @mayor-o1w
      @mayor-o1w หลายเดือนก่อน

      @@วิทยาคงกะพันธ์ Sarah Jennine Davis is highly recommended
      You most likely should get her basic info when you search her on your browser.

    • @FreyaFreya3
      @FreyaFreya3 หลายเดือนก่อน

      How do I access her ? I really need this
      ​@@mayor-o1w

    • @mayor-o1w
      @mayor-o1w หลายเดือนก่อน

      +156

  • @TROLLINGTROLLY-sc7cv
    @TROLLINGTROLLY-sc7cv หลายเดือนก่อน +1

    Can you release the harris plan. I can't find any one on TH-cam explain it.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      I have some breaking news for you about the 2024 US elections...

  • @PennyPascal
    @PennyPascal 26 วันที่ผ่านมา +1

    Hello, I want to start investing, but I'm unsure where to start. Do you have any advice or contacts for assistance?

  • @leighnash6140
    @leighnash6140 หลายเดือนก่อน +38

    I'm deeply concerned as an American.

    • @TheTruthTheSadTruth
      @TheTruthTheSadTruth หลายเดือนก่อน +5

      Did you not just live through the last 4 years? And you wanted more of that crap?

    • @rolletroll2338
      @rolletroll2338 หลายเดือนก่อน

      You had one job. Not vote for the fascistic buffoon. Now the rest of the world especially democracies that are us allies, will suffer with you.

    • @quantumfox278
      @quantumfox278 หลายเดือนก่อน +15

      @@TheTruthTheSadTruth The US economy has had the best recovery after the global impact of covid out of any major nation in the world. The US economy is heading in the right direction by every metric you can possibly look at. Inflation cooled down to 2%, unemployment is under 4%, GDP is going up, real wage growth has been strong, stock market reached all time highs and the fed is already lowering interest rates. How did you even end up at this video???

    • @Sane1015
      @Sane1015 หลายเดือนก่อน

      ​@@quantumfox278they don't care. They just go the the grocery store and see prices are higher and they attribute that to the president rather than to, you know, a pandemic and the rocket feather theory.

    • @TheTruthTheSadTruth
      @TheTruthTheSadTruth หลายเดือนก่อน

      @quantumfox278 don't make up numbers buddy. Unemployment is 4.1%. Inflation is 2.4%. Prices are 21.4% higher since February 2020.. Joe Biden personally caused a good percentage of that inflation immediately when he took office.

  • @dwukropek
    @dwukropek หลายเดือนก่อน +17

    With 4.1% unemployment rate it might be hard to move a lot of jobs into US before work force is drained, especially if he deports people... Also green energy production is now economically viewable so for solar farms it shouldn't matter a lot. The economy of scale is actually hitting us already.

    • @123_1
      @123_1 หลายเดือนก่อน

      42%, did't you know?

    • @afreire239
      @afreire239 หลายเดือนก่อน

      With your logic slavery should have continued because otherwise who will pick the coton

  • @BEK-yj9mr
    @BEK-yj9mr หลายเดือนก่อน +3

    "In June, the Tax Foundation estimated Trump's tariff plan would shrink U.S. employment by 684,000 full-time jobs and reduce its gross domestic product, a measure of economic output, by at least 0.8%."

  • @kidakvls2305
    @kidakvls2305 หลายเดือนก่อน +3

    If you are a Trump supporter in the comments:
    If you agree with his tariff policies, can I get a positive perspective (for the average American consumer) that I might be missing?
    If you disagree with his economic policies relating to tariffs, what were your other reasons for ultimately choosing Trump.

  • @rf2032
    @rf2032 หลายเดือนก่อน +5

    In my 100% untrained lack of expertise, in a protracted trade war that affects both importing and exporting countries, ppl in the country with higher average income might be less able to deal with the inflation due to lack of supply compared to ppl in the poorer country with the loss of wages in the export sector, because 1) it's easier to go from poor to poorer than rich to less rich; 2) lack of export will cause deflation to offset some of the loss in income, whereas ways to offset the inflation in the importing country seem more limited.

  • @Kevin_Street
    @Kevin_Street หลายเดือนก่อน +191

    Whatever happens it's going to be bad. We're all going on a dark, dark ride through scary places. The only question is how bad it will get.

    • @mr.fantastic7756
      @mr.fantastic7756 หลายเดือนก่อน +32

      Cope 😂

    • @ck88777
      @ck88777 หลายเดือนก่อน +6

      ...FOR YOU

    • @ChinnuWoW
      @ChinnuWoW หลายเดือนก่อน +67

      @@mr.fantastic7756 That word has no meaning if you think you can just apply it to any response of something bad.

    • @_loss_
      @_loss_ หลายเดือนก่อน +51

      @@mr.fantastic7756 dude doesn't even know what cope means...

    • @will4417
      @will4417 หลายเดือนก่อน

      What anyone should ask is what this says about the American society, where people elect a man who spray-paints his face, with a political agenda that boils down to pointing his finger at foreign nations and talking trash with the linguistic skills of a toddler. The man would be labeled as far-right and would struggle to reach 20% of votes in any other modern society.

  • @BlitzkriegOmega
    @BlitzkriegOmega หลายเดือนก่อน +4

    So what I'm hearing is that either big business is about to get bigger, or we're going to see another 2008 style global financial crisis...
    But in both scenarios, life just in general gets more expensive for the working class.

  • @rebeltheharem7028
    @rebeltheharem7028 หลายเดือนก่อน +5

    If he does everything he says, then yes, the world and everyone in the middle class or below in the US will be poorer.

  • @djsUltra
    @djsUltra หลายเดือนก่อน +11

    It will be really interesting to see how this plays out. Particularly the Elon factor.

    • @snaggiz
      @snaggiz หลายเดือนก่อน +9

      Considering Elon isn’t even half as smart as he thinks he is, it’s very likely to be a complete train wreck.

    • @Sane1015
      @Sane1015 หลายเดือนก่อน +2

      I mean, I'd rather watch a simulation than live it.

    • @krashme997
      @krashme997 หลายเดือนก่อน

      @@snaggiz I wonder if Elon will realize managing a country isn't like managing Twitter?

    • @ineednochannelyoutube2651
      @ineednochannelyoutube2651 หลายเดือนก่อน +1

      I don't know what the Department of Government Efficiency would even have the authority to do honestly. Congress is the sole authority on spending and they pass yearly budgets. (The President can recommend budgets, but the Congress must decide on spending the constitution is clear on this.)

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      @@krashme997 And he isn't even very good at that, if you boldly assume he cares about running the company responsibly.

  • @tonilee9441
    @tonilee9441 หลายเดือนก่อน

    Whats the link of the source of Han, Mohamed and Fox? Would like to read it.

  • @derloos
    @derloos หลายเดือนก่อน +26

    >> Coal would also have its place in providing baseload.
    *Toilet flushing sound*

  • @RichardHoogstad
    @RichardHoogstad หลายเดือนก่อน +4

    Erg goed uitgelegd en zelfs interessant voor iemand die economiepolitiek niet eens super boeiend vindt. Subscribed

  • @corujariousa
    @corujariousa หลายเดือนก่อน +27

    The real question is: How richer will he become?

    • @rod7944
      @rod7944 หลายเดือนก่อน

      if he sells 10% of his cult a made in china, marked up 20X bible, that will get him almost1/2 a billion

    • @123_1
      @123_1 หลายเดือนก่อน +5

      The question is: how long he lives...

    • @ArawnOfAnnwn
      @ArawnOfAnnwn หลายเดือนก่อน +3

      @@123_1 Care to decide that yourself? I'm not American, so I just think it'd be fun to watch the fireworks. ;)

    • @noelkelly4354
      @noelkelly4354 หลายเดือนก่อน

      @@123_1 President Vance

    • @corujariousa
      @corujariousa หลายเดือนก่อน +1

      @123_1 He is old and unhealthy but the drugs he takes for decades somehow are keeping him going. The special interests behind him will stay in power even if he suddenly gifts us with his departure from this planet so I don't see a difference.

  • @jeff__w
    @jeff__w หลายเดือนก่อน +2

    5:26 I really appreciate how you lay out the two scenarios in a way that is absolutely clear!

  • @AshortBeauty
    @AshortBeauty หลายเดือนก่อน +1

    Do you recommend the book Trade Wars? I want to buy it but I saw some bad reviews, and I have some second thoughts. I would appreciate your opinion

  • @sandwichtube
    @sandwichtube หลายเดือนก่อน +6

    Every country will have reciprocal tariffs.

    • @madison9094
      @madison9094 หลายเดือนก่อน +1

      Yes, and then when the US decides the tariffs have eroded the economy and gets rid of them, the other countries will have found different markets to import from.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      @@madison9094 100%. Setting new tariffs is easy. Removing them is hard.

  • @powersliding
    @powersliding หลายเดือนก่อน +22

    economist is not what it was before...ive got money & macro now

  • @valerievankerckhove9325
    @valerievankerckhove9325 หลายเดือนก่อน +19

    US trade deficits is because of the Triffin dilemma. If it wants to solve that permanently, it needs to give up the role of the dollar as the global reserve currency. That would crash the fortunes of the super rich holding vast amounts of US paper money (edit: by paper money, I mean anything that's virtual/on paper only, including bonds, stocks etc.), but will increase the competitiveness of US exporters again in the long-term.

    • @shane_rm1025
      @shane_rm1025 หลายเดือนก่อน +3

      The rich do not hold vast amounts of paper currency lmao

    • @talideon
      @talideon หลายเดือนก่อน +8

      ​@@shane_rm1025 The dollar isn't simply bits of paper and metal, it's a bunch of numbers on balance sheets, and the super rich very much care about that.

    • @henrybran8904
      @henrybran8904 หลายเดือนก่อน +4

      @@shane_rm1025 They don't, but its the unit of currency they use to represent their asset values. You don't see billionares use the term "In yen/Rubles" to represent their fortunes.

    • @valerievankerckhove9325
      @valerievankerckhove9325 หลายเดือนก่อน

      @@shane_rm1025 By paper currency I mean pure virtual stuff. If you're holding USD 10 billion in bonds or stocks and the USD real value crashes, well...

    • @reaperz5677
      @reaperz5677 หลายเดือนก่อน +3

      @@henrybran8904 So what? What difference would that make, all that would change would be how they'd measure their wealth. The dollar suddenly stopping their global dominance wouldn't suddenly make... all the offshore billionaire wealth go away.

  • @erasmusflattery9799
    @erasmusflattery9799 หลายเดือนก่อน +1

    Awesome video, can’t believe how fast you published this. And a good sponsor. A+

  • @johngallagher912
    @johngallagher912 หลายเดือนก่อน +1

    The drawing on the video has the arrows pointing the wrong direction.

  • @mleko23
    @mleko23 หลายเดือนก่อน +19

    So, what you say is, we people of Poland have nothing to worry about?
    We will see

    • @peixeserra9116
      @peixeserra9116 หลายเดือนก่อน +12

      On one hand, you might attract investors and companies that would normally flock to the US, but now will get turned off, as is likely to follow with most upward economies (Brazil, Mexico, etc)
      On the other, the risk of Russia breathing down your neck, without a major ally to come help you (sounds familiar?) just became a little bit more real.

    • @drscopeify
      @drscopeify หลายเดือนก่อน

      @@peixeserra9116 Russia is unable to deal with Ukraine and has been stuck for 3 years just trying to capture 4 medium sized provinces of Ukraine that also have a split population with some being pro Russian, so Russia can't even begin to imagine facing a true enemy with a western air force and capabilities that can actually destroy the Russian industrial base, factories, infrastructure, airports, power grid, symbols of power. The damage to Russia facing off with Poland would be catastrophic for Russia so it will not happen. Putin's legacy is done, even if Ukraine and Russia come to some agreements and the war stops, Russia is depleted, it's empty and will take 20+ years to recover by then Putin will be long forgotten.
      Putin's best bet for a strong legacy is to have endless negotiations with Trump, just spend months messing around with Trump would be a pretty easy PR win for Russia/Putin at least inside of Russia, I am not sure if Trump will fall victim but he is not a smart man. It would just drag on and on and lead to no results for Trump and just a cold stalemate like North-South Korea border. Its not the best outcome for Ukraine or the west but also not a good outcome for Russia and Putin. A lot of blood and money for little gain for Russian is a pretty bad outcome. But maybe can get trade with the west slowly opened again, we will see.

    • @peixeserra9116
      @peixeserra9116 หลายเดือนก่อน +12

      @@drscopeify You're forgetting a couple things:
      1- This mentality of "Russia is finished" is what allowed them to slowly build up enough force over time. The tendency is for that to continue, as the outcome for the future is a more and more Fascist and Ultranationalist Russia, even after Putin.
      2- They've been able to survive the sanctions, the drawbacks and dealing with a heavily entrenched enemy. To think that they haven't learned anything from these last years is foolish to say the least.
      3- They've still shown resilient in attrition. Poland would not survive a war of attrition unless all of Europe pooled behind it.
      4- It's useless to assume the Russians haven't learned from their blunders, nor have they not learned anything regarding Western styled combat doctrine and tech. It's foolish optimism at best, something you never take for granted with these kinds of things.
      5- You're also forgetting the side of, Poland would be in awful condition as well. Arguably worse than Russia, unless the rest of the EU comes to it's aid to help rebuild. Oh yeah, which is not a good thing to have in mind now in a time that feels like Allies are slowly becoming more distant, unless the EU snaps and decides to close in hard on eachother (who knows, European Federation?)
      6- Also I don't know where you're getting that of his legacy is done. The man is cemeting himself harder and harder into the Russian Mythos as the Protector of Russia, the war helped enforce that more than it did diminish it. That's not a good outcome for the future.
      I disagree with you, the potential for Russia to become a worse threat in the coming years just rises by the day, that's what makes their defeat in Ukraine so important. Trump cutting of aid and handing them that victory, you can bet that Russia will be back and want more. I'd rather not take chances.

    • @lolcatjunior
      @lolcatjunior หลายเดือนก่อน +8

      With his Ukraine policy. Poland will now have to worry about sharing a border with Russia again.

    • @Unknown-jt1jo
      @Unknown-jt1jo หลายเดือนก่อน

      Poland should consider acquiring nuclear weapons.

  • @ProgressIsTheOnlyEvolution
    @ProgressIsTheOnlyEvolution หลายเดือนก่อน +35

    You don't need a economist to know that Trump being elected will spell disaster

  • @LCTesla
    @LCTesla หลายเดือนก่อน +5

    In the event of a recession (which we're overdue for) he is likely to respond in an exaggerated way the way conservatives do, i.e. with extreme austerity, which could usher in a great depression. He might be the Herbert Hoover of our times (again!)

    • @jeffbenton6183
      @jeffbenton6183 หลายเดือนก่อน

      We're not overdue anymore, covid did that while Trump was still in office.

    • @RandomNonsense1985
      @RandomNonsense1985 หลายเดือนก่อน

      And who will be our FDR?

  • @Vilohit-gy5kt
    @Vilohit-gy5kt หลายเดือนก่อน

    hey I'm an economics student, how much would u recommend Core Econ ?

  • @patangman2117
    @patangman2117 หลายเดือนก่อน +2

    Who knew Trumpism was an IQ test with a pass or fail score.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      We knew it after the 2016 exit polls.

  • @liveapp4851
    @liveapp4851 หลายเดือนก่อน +3

    Nice breakdown per usual. Also kindly do a video on Kenya's debt situation, from the youth rejection the Finance Bill, real reason for the cause of the debt; is it: misappropriation of funds, corruption, mismanagement, borrowing at high rates, white elephant infrastructure projects, understaffed local governments etc

  • @galacticmaui2
    @galacticmaui2 หลายเดือนก่อน +7

    Damn, was really hoping rates would go down. My mortgage rate is unaffordable after having my first born. 😅

    • @yesand5536
      @yesand5536 หลายเดือนก่อน +1

      Did you vote for Trump?

    • @bosatsu76
      @bosatsu76 หลายเดือนก่อน

      Welcome to gop America... This is exactly where the Greed is good, worship the rich, Trickle Down propaganda was meant to take us... Hungry, anxious, willing to vote for a tyrant for a few pennies off on butter.

    • @galacticmaui2
      @galacticmaui2 หลายเดือนก่อน +2

      @ No I was more speaking in general regardless of who won.

    • @BrianMeegan-k3e
      @BrianMeegan-k3e 19 วันที่ผ่านมา +1

      Ready for 14 percent variable rate mortgages ? 😂😂😂😂

  • @CharlesB-NGNM
    @CharlesB-NGNM หลายเดือนก่อน +2

    Good information for a change.

  • @kalailam7423
    @kalailam7423 หลายเดือนก่อน +2

    How destroying trades would help USA’s economy?

    • @YoY664
      @YoY664 หลายเดือนก่อน

      Foreign Trade doesn't make up that significant a share of America's economy, even then most of it is confined to a handful of neighboring states and China.

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      @@YoY664 True honestly. The US would definitely be better-off with free-er trade, but less trade is unlikely to destroy the country internally.

  • @Willopo100
    @Willopo100 หลายเดือนก่อน +10

    the reality is economists are wrong 90% of the time

    • @manbearpig710
      @manbearpig710 หลายเดือนก่อน +10

      And trumps wrong 100%

    • @Willopo100
      @Willopo100 หลายเดือนก่อน +2

      @@manbearpig710 time will tell.

    • @dianabehr3169
      @dianabehr3169 หลายเดือนก่อน +1

      You hope, right?

    • @crazychase98
      @crazychase98 หลายเดือนก่อน

      All the time the deep state pay them to say what ever

  • @who2u333
    @who2u333 หลายเดือนก่อน +18

    Not on purpose. It really depends on whether what he sees as good for him has the side effect of making the rest of us poorer.

    • @bosatsu76
      @bosatsu76 หลายเดือนก่อน

      @@WolverineXOXO He hates America... All that Constitutional rubbish and laws... He squawked against all that his entire presidency. And he despises you... Your vote is all he wanted... Now you're with the rest of us, waiting for the stupid to really begin showing up...

    • @krashme997
      @krashme997 หลายเดือนก่อน

      @@WolverineXOXO History has shown Trump doesn't put America first. He puts himself first, as seen with the constant ramblings about stolen election and widespread fraud without an single shred of proof that sewed distrust in US democracy as a whole. But I guess you believed the lies because you were told to by daddy Trump, right?

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      @@WolverineXOXO What? Have you ever listened to him speak?? He's pretty clear about hating American values and wanting to tear down the country we've built up.

  • @climbingworkouts
    @climbingworkouts หลายเดือนก่อน +17

    Both Kamala and Trump, acting as rivals have one common main goal: Make Israel and the federal reserve great again!

  • @Krisvandermerwe
    @Krisvandermerwe หลายเดือนก่อน +1

    One thing that is certain, is that the USA will become more isolated.
    Deserting Ukraine and its other partners will increasingly isolate the USA from its existing allies.
    Increased competition with adversaries like China will isolate the USA from its competitors.
    This may spell the end to the Dollar as the global currency

    • @Krisvandermerwe
      @Krisvandermerwe หลายเดือนก่อน

      And Russia is nobody's friend

  • @jacklabrador6981
    @jacklabrador6981 หลายเดือนก่อน +1

    During Trump's first term, he increased the amount of money a family can earn and still remain in the 22% tax bracket, which totaled $7,751 dollars. During Biden's term, he also increased the amount of money a family can earn and still remain in the 22% tax bracket, which totaled $28,300 dollars.

  • @jorgetamayolandois9977
    @jorgetamayolandois9977 หลายเดือนก่อน +6

    thank you so ao much for your videos, and congratulations for The Economist sponsorship. Saludos desde México

  • @CliveBirse
    @CliveBirse หลายเดือนก่อน +6

    The rich are money-minded; that's a lesson I've grasped from the very beginning. My desire to build wealth has always been strong. I’ve set aside $160K since 2020, and I’m eager to invest it in the stock market to grow my financial future. I’d love to hear any recommendations you have.

    • @Grace.milburn
      @Grace.milburn หลายเดือนก่อน +6

      I think the safest strategy is to diversify investments. But if you need proper advice, consider speaking with a financial expertise. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

    • @ThomasChai05
      @ThomasChai05 หลายเดือนก่อน +6

      Agreed, I've always delegated my excesses to an advisor, since suffering major portfolio loss early 2020, amid covid outbreak. I'm now semi-retired and only work 7.5 hours a week, with barely 25% short of my $1m retirement goal after subsequent investments to date.

    • @Susanhartman.
      @Susanhartman. หลายเดือนก่อน +4

      Can you elaborate please

    • @ThomasChai05
      @ThomasChai05 หลายเดือนก่อน +4

      Izella Annette Anderson’, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in

    • @diane.moore-
      @diane.moore- หลายเดือนก่อน +2

      Thanks for sharing. I searched for her name and found her website. I reviewed her credentials and did my research before contacting her. Thanks again.

  • @JOSECROSS-tt2mq
    @JOSECROSS-tt2mq หลายเดือนก่อน +4

    I feel one Of the greatest challenges that we first timers face in the ma rket is that we end up losing all we have, we find it difficult to find ourselves back to our feet. My biggest advice is to always seek the services of a professional just like I did when I ventured into it for the first time. Big thanks to Jasmine Querida. I now make huge profits by weekly through his services while still learning to stand on my own

    • @dmlexpress9600
      @dmlexpress9600 หลายเดือนก่อน

      Queridafx analyses go beyond surface-level trends. She delves into technical, fundamental, and sentiment analysis, providing a holistic view of the market..

    • @dmlexpress9600
      @dmlexpress9600 หลายเดือนก่อน

      Her strategy has normalized winning trades for me and it's a huge milestone for me looking back to how it all started.

    • @annddyyy-6920
      @annddyyy-6920 หลายเดือนก่อน

      I’m new at this, how can I reach her?

    • @PeterJoshua-zm2fo
      @PeterJoshua-zm2fo หลายเดือนก่อน

      She is all about simple technique that are highly profitable, I really admire her winning mentality.

    • @JOSECROSS-tt2mq
      @JOSECROSS-tt2mq หลายเดือนก่อน

      Gram with her username

  • @SixtyNinersclub
    @SixtyNinersclub หลายเดือนก่อน +2

    Yep we will all be poorer. The USA is fucked with Trump.

  • @maxheadrom3088
    @maxheadrom3088 หลายเดือนก่อน

    A question, Mr. Macro: When the US raises the basic interest rate it slows down the domestic economy and that's why inflation (traditionally) backs down, correct? The flow of USD into the US also makes the dollar stronger, doesn't it? How much of inflation control, in this case, comes from the slowing down of the economy and how much comes from the fact that imports become cheaper. Thanks!

  • @mylesvmiles7571
    @mylesvmiles7571 หลายเดือนก่อน +9

    Pretty sure you had 2 files called "Video for if Kamala wins", "Video for if Trump wins"

  • @RommelsAsparagus
    @RommelsAsparagus หลายเดือนก่อน +10

    Hilarious opening song, I recognize from Team American: World Police. :D

  • @BrianMeegan-k3e
    @BrianMeegan-k3e หลายเดือนก่อน +3

    Those of us who have stock portfolios are very happy. Those who do not will enjoy greater inflation. The rich will get richer, while...

    • @spacetoast7783
      @spacetoast7783 หลายเดือนก่อน

      Your stock portfolio does not benefit from high inflation and high interest rates.

    • @BrianMeegan-k3e
      @BrianMeegan-k3e หลายเดือนก่อน

      @spacetoast7783 I am looking to buy a home with cash. Declining home prices are coming , hopefully ! 🤣

    • @BrianMeegan-k3e
      @BrianMeegan-k3e หลายเดือนก่อน

      @spacetoast7783 Also, back around 1977 money markets were paying in excess of 10 percent. So I can always drop back into that investment strategy.

  • @XraviaEdge
    @XraviaEdge หลายเดือนก่อน +2

    Who thought giving a South African full financial control of the US government was a good idea when he has a track record of using government contracts to enrich himself.

  • @andrewhomo2461
    @andrewhomo2461 หลายเดือนก่อน

    From you perspective will the Turkish model of economic growth with big influx of printed money into economy, while also controlling the inflation with high key rate of Central Bank?