Trump’s in-the-know plan to demolish the US economy – Asia Times

Trump’s in-the-know plan to demolish the US economy – Asia Times

The fear that Trump’s actions, including deportations, saw destruction of national agencies by people barely in their teens, are being heard in the press regularly, which raises the alarm even louder.

The naive shriekers Bill Ackman, Larry Fink, Larry Summers, and numerous others are unaware that there is no risk because Trump’s strategy was always put forth in public before the election, which he has not publicly disclosed.

We now know this from a 64-minute “infomercial” produced by stock producer Butler Stansberry on April 1 in a staged interview with renowned Trump inside and investment advisor Brad Thomas. &nbsp,

His most powerful conclusion:” The left-wing advertising have the most appropriate read on his ideas… Trump does want to destroy the economy, they’re actually correct” ( minute 14: 30 of the video stream ).

Thomas describes himself as a “dyed in the sheep Trump nationalist” and a dependable consultant who has been strongly linked to Trump’s real estate interests for many years. At Mar-a-Lago, he and Trump discussed the destruction strategy.

Trump’s acknowledgment that fixing America’s utterly untenable finances may result in massive losses regardless of who is in charge is at the heart of the plan he reveals. Trump and his near personal advisers came to two conclusions.

First, it is preferable to carry out” a controlled destruction of the financial markets” similar to a managed forest burn to “get rid of dead lumber” than to allow a careless collapse as in previous recessions. Next, it is preferable to front-run the unavoidable fall so that he can bear all the consequences. &nbsp,

This is a repeat of Ronald Reagan’s effective campaign to reclaim his victory in the election year’s first. Similar to this strategy, this one ensures that” Trump’s son J D Vance ascends to the throne in 2028.”

Only by identifying three distinct groups of Trump supporters: &nbsp, can one understand the current controversies in the economic hit?

* The person at the heart of the business who was aware of the program.

* The opportunistic traders and financiers who backed Trump predicted a smooth economic recovery that would sustain the economy.

* Those associates of the electorate who voted for Donald Trump out of frustration over woke philosophy and immigration.

The inner core knew the strategy and moved their assets, probably shorting the areas that were currently in need of destruction. &nbsp,

The other two are merely fools. No one wants to believe that their person, who they put their faith in, would do this, as Thomas Thomas asserts. It appears to be a travesty of every promise he made on the campaign road, but Trump” don’t say it before the election because no one would have voted for him if he hadn’t.”

They may suffer severe financial loss. This sweeping discovery explains the increasingly contentious disagreements between Trump’s camp members over the past few weeks.

Looking back to earlier overbuilding of railway in the 19th centuries and fiber optics in the 20th, which, after their accidents, led to solid economic growth, one may say the plan draws inspiration from the Schumpeterian concept of creative destruction. &nbsp,

There is no official record of this, according to Stansberry, but those in the inner circle, like Brad, are aware of what is about to happen. Thomas contends that “what’s on the other side of this economic reset is, in my opinion, the greatest period of wealth creation that America has ever seen.”

The extended sales pitch provides a lot of insightful analysis, noting in particular that Biden’s “booming economy” was solely fueled by skyrocketing debt. Real wages were actually declining. ( The claim that wages were increasing was based on nominal wages. )

The inner core accepts with utmost certainty that the planned actions could “decimate millions of investors,” but that” there is no other option, because America is on the precipice.” Tens of millions of people will experience financial chaos.

Some of the most profitable companies of today will be” crushed,” while a select few will make millions following a reset. What will occur on the other side of this crisis will result in greater wealth than anyone could have imagined ( should infomercial watchers adhere to the presentation’s instructions )?

There will be two ways for this to occur:

* recommending investments in businesses that Stansberry advises are poised to rise in the new policy environment of deregulation, degreening, and redirected federal financial flows.

* Interest rates will decline as a result of the market crash, easing the purchase of the assets that were impacted by the crash by those with cash and credit. Trump will be able to force the Fed’s hand ( to lower interest rates ) by crashing the economy right now. &nbsp,

The presenters ‘ advice to avoid making up their minds about what is about to happen and to:

* Sell all assets immediately in case of panic because you are not comfortable holding them. Stansberry mentions Boeing and &nbsp, Apple, while Thomas specifically mentions overpriced AI and technology. Get cash right away!

* Purchase the six organizations Stansberry suggests buying from ( the infomercial’s pitch ):” Trump’s secret companies,” which are Trump’s friends who made money for him and are now about to collect.

*” The big money will be made in the under-resourced businesses that Trump’s inner circle and his powerful supporters, people he won’t let suffer during the coming reset, will support”

A” controlled demolition” or” controlled burn” is only typically carried out after establishing barriers or firebreaks and ensuring that no one is in danger of harm’s way. &nbsp,

People who might be affected by the market crash that is currently being engineered may want to pay close attention to how carefully planned and meticulously executed Trump’s plan is. In any case, it is Irving Kristol’s famous insight about contemporary America:

There is nothing wrong with this nation, which couldn’t be resolved by a protracted, painful depression.

After co-authoring a a classic study   of warfare, Jeffrey Race spent 50 years researching and teaching economics, political science, and technology transfer in Asia. He currently oversees a Boston-based electronics design firm. &nbsp,