Tom Luongo is an independent political and economic analyst based in North Florida, USA
Trump has finally won a war. It’s a war he’s uniquely suited to fight, and he’s successfully waged it on China through his command of Western media.
Trump wouldn’t be going after Obama if he didn’t have proof of Obama’s guilt. He’s a limbic creature but he’s not random.
Right now gold is seeing a strong bid the world over and Bitcoin is rising into the halving of its reward pool which occurs every four years.
Energy Dominance will turn into an Energy Albatross and it will weigh on Trump’s neck in his second term that will see him leave office reviled as the great destroyer of not only the U.S.’s wealth, but more importantly, its standing in the world.
While Merkel may have won the latest battle in the end she may lose the war for the EU. And, in the ultimate irony, the people of Europe may have her to thank for their deliverance from its dysfunction.
The real question still remains whether Trump is someone Putin can, or more importantly should, deal with.
Will we take the opportunity handed to us and tighten our belts, demand debt liquidation, corporate bankruptcies and a complete reshuffling of the global capital order?
The lack of humanity shown by America’s diplomatic corps ensures that in the long run the U.S. will be left to fend for itself when the next crisis hits.
Putin understands that a world awash in debt is one that cannot withstand the currency needed to repay that debt rising sharply.
Turkish President Recep Tayyip Erdogan should call German Chancellor Angela Merkel some point soon to compare notes on how it feels to be trapped between the U.S. and Russia.