Right wing populism has been on the rise for awhile now it has been washing across European elections. What we are seeing now is the rise of left wing populism with Warren and Sanders here and several parties in Europe. Warren doesn’t shy away from the term “Economic Nationalism” which is just a euphemism for “Economic Populism” that the Trump campaign is often referred as, especially when Steve Bannon was around.
Who knows how long it will last, my opinion a long time as globalization keeps ramping up the net losers and gainers continue to widen. I don’t see how a free trade candidate can win, it almost has to be fair trade with the rise of China. And if one combined the level of support that Trump, Warren, and Sanders is receiving it should be a clear indicator were we are heading as they all preach about unfair trade practices, and are all pretty hostile to China.
There is a great article by Forbes called “Joe Biden is the the only man who can save China in 2020” a good read. If one separates the vitriol spewing from Trump and just compared the policies of let’s say Trump, Warren, and Sanders on Trade, China, outsourcing/insoucing there is little difference in their message, just how they are delivering it.
Ok but what about the GOP? Where do you see its agenda/ideology going after Donald’s departure if conservatism is dead? The same toxic nationalism rising in Europe?
That’s why I laugh when people here scream about how Hillary Clinton and the democrats were socialists in 2016. Economically, she was further to the right than Donald Trump.
Your right she was, the anger right now is about globalization and trade and that anger is not just with Trump voters but with Warren and Sanders voters as well.
I would imagine it will stay were it is about now with less venom that comes with Trump. There is no path through the rust-belt on economic conservatism as the regions have been hollowed out as companies have been sent overseas. If they want to win at the national level they have to carry the south and pick off a state or two in the rust-belt. I don’t see how a hard core free trader could win in today’s political environmental.
Of course there are just my observations on reading about what has been happening in the west since 2015, who knows what the future will bring but if I had to lay money on it in terms of policies of the next GOP contender it would be Trump light. Trade and migration still would be at the top of the agenda. I only hope that will include one of the things I do like the president on which is none interventionism.
How long do you think these jokes will last? 12 more months of memes branching off from the Indian joke is really stretching the material thin.
Since the word is not inherently negative without context, “Pocahontas” might even become a neutral to positive nickname for her if you guys overdo it.
Here’s my prediction. Two to four weeks going into election night you will see more and more selling as most short term traders will not be long going into election night. If that happens you could see potentially a drop of 1,000 points on the DOW. If Warren is the nominee and wins we’ll likely see another 2,000 point drop overnight. Depending on the make up of the House and Senate that could stop most of the selloff. If the Market is not pleased with that result either we could see another 2,000 point loss over the coming weeks after. I would bet on somewhere between 15 to 25% loss. If that happens obviously Warren will have to substantially increase her wealth tax and whatever other taxes she plans on raising.
No, The media just burnt out almost everyone with fake collusion and this nothing burger phone call. Who would give up this economy for another lousy dem heath care plan, and fools who think the world is ending in 10 years, and have thought that for 50 years…?
How can they? There’s crap being traded today that isn’t even a commodity. What does Facebook make? Yet they trade stock. Bitcoin? Yeah, tying practically everything to an imaginary market was genius. Pure genius. And we wonder why our economy is ■■■■■
