Everything posted by IsaanT
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Could Trump's plan fail in a spectacular fashion?
Project 2025 - actions to date Several actions taken by President Trump during his second term reflect the objectives outlined in Project 2025, particularly concerning the enforcement of binary gender definitions. Notable measures include: Executive Order on Gender Definitions: On January 20, 2025, President Trump signed the executive order "Defending Women from Gender Ideology Extremism and Restoring Biological Truth to the Federal Government." This order mandates federal recognition of only two immutable genders—male and female—determined at conception. It requires all federal agencies to adopt these definitions, replace "gender" with "sex" in official materials, and cease funding or promoting concepts related to gender ideology. Transgender Military Ban: On January 27, 2025, an executive order was issued prohibiting transgender individuals from serving in the military. The administration argued that being transgender conflicts with the disciplined lifestyle required for military service. Elimination of the Department of Education: Aligning with Project 2025's goal to restructure federal agencies, President Trump initiated steps to dismantle the Department of Education. This includes significant staff reductions and discussions about abolishing programs not mandated by law. Federal Funding Restrictions: The administration has suspended federal funding to institutions perceived as violating new policies on gender identity. For example, the University of Maine faced funding cuts despite reporting no transgender athletes, reflecting a strict enforcement approach.
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Could Trump's plan fail in a spectacular fashion?
Project 2025 Project 2025, also known as the 2025 Presidential Transition Project, is an initiative led by the Heritage Foundation, a conservative think tank, aiming to reshape the U.S. federal government by consolidating executive power to implement right-wing policies. Published in April 2023, the project's comprehensive plan proposes replacing thousands of federal civil servants with political appointees aligned with conservative ideologies. It also advocates for restructuring or abolishing certain federal agencies to align government functions more closely with conservative principles. Critics have expressed concerns that Project 2025 promotes an authoritarian approach to governance. They argue that its emphasis on the unitary executive theory—which posits that the president should have direct control over the entire executive branch—could undermine the rule of law, the separation of powers, and civil liberties. Some have characterized the project as a pathway toward autocracy infused with Christian nationalist ideals. The initiative was designed to influence the policies of a potential Republican administration, particularly if Trump were re-elected in 2024. While the Heritage Foundation coordinated the project with input from numerous conservative groups and individuals, including those aligned with Trump, the former president publicly distanced himself from Project 2025 in 2024, labeling parts of it as "seriously extreme" and claiming unfamiliarity with its origins. Despite this, many contributors to the project were closely associated with Trump's circle, and the project itself mentioned Trump over 300 times, indicating a significant overlap between the project's proposals and Trump's policy agenda. The Heritage Foundation employed numerous individuals closely aligned with Trump, and the project was coordinated with various conservative groups led by Trump's allies. Project 2025 aims to reshape the U.S. federal government to align with conservative values and increase presidential power. Its main goals include: Centralizing Executive Authority: Strengthening presidential control over federal agencies, limiting their independence, and making it easier to replace career civil servants with political appointees. Government Restructuring: Eliminating or drastically reforming agencies viewed as obstacles to conservative policy goals, like the Department of Education or the Environmental Protection Agency (EPA). Social and Cultural Policy Shift: Promoting policies rooted in Christian nationalist ideals, including restrictions on abortion, rolling back LGBTQ+ rights, and reinforcing traditional family values. Deregulation and Economic Policy: Cutting back environmental and workplace regulations, reducing government intervention in markets, and emphasizing energy independence through fossil fuels. Immigration and National Security: Tougher immigration enforcement, stricter border controls, and a more aggressive approach to national security threats. The overarching vision is a more streamlined, ideologically driven government that amplifies the executive branch’s power — a model that critics argue leans toward authoritarianism. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Was this in the Republican party's manifesto? Trump has openly expressed admiration of other authoritarian leaders, and thus Project 2025 appears to be prophetic.
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Could Trump's plan fail in a spectacular fashion?
There is no point challenging this statement at this time because it's all conjecture and there are some very entrenched arguments on both sides (it's personal fortunes and future happiness at stake - I get it). However, I reserve the right to come back and remind you of some of these statements in the near future. It is worth pausing and wondering why Berkshire Hathaway has created a $334Bn cash pile recently. Warren Buffett is 94 and knows what happens when the markets get too exuberant for too long. Most people in JP Morgan, Morgan Stanley, etc., are either too young to have that wisdom or are too bullish because that's what brings in the customers - my money is on the latter (as is theirs).
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Could Trump's plan fail in a spectacular fashion?
Going back to the original premise of the thread 'Could Trump's plan fail in a spectacular fashion': - it does seem counter-intuitive to pick trade fights with so many of your overseas trading partners (Canada, Mexico, Europe, China, Japan, South Korea, India, Brazil, Argentina, Turkey, etc.) - it is bewildering that Trump fails to recognise that imposing tariffs on the imported products that his citizens buy will make them more expensive - it is concerning that he states that he will get the strategically-significant Greenland 'one way or another', and Canada as the 51st state - it is also concerning that he feels he can acquire control of the Panama canal again - my greatest concern - if the above wasn't enough - is that he has been having convivial conversations with Putin, a despot and war criminal, which Trump hopes will lead to future cooperation between the two countries and Russia's return to the G7. I don't think that was on the manifesto that the US public voted for. Trump's cabinet appointments were 'interesting'. Basically, inexperienced and unfit 'yes men' (and women). Will the plan fail in a spectacular fashion. Of course! Common sense ultimately prevails - how could it not?
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Could Trump's plan fail in a spectacular fashion?
1. If I am correct and it does last a minimum of 16 years, that won't be regarded as healthy. 2. The Dow will fall much more than 15,000 points. 3. I think everyone will have Trump's name on it.
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Could Trump's plan fail in a spectacular fashion?
I'm not sure there's enough material for a separate thread because I'd be the first to suggest that it's all speculation at this point, however derived. Time will tell. As to your point about Trump not having the ability to have done all this damage himself, I remember there was the QAnon movement back in his first term, and now there's talk of his association with Project 2025, which calls for more authoritarian rule, apparently. Some allege that he's the 'useful idiot' frontman for the whole show. Perhaps that's the case. Whilst all the rest is interesting, my prime objective is to protect my family's future and to comfortably survive what is about to come round the corner. If I can at least make people think twice about their own positions, it would be a bonus.
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Could Trump's plan fail in a spectacular fashion?
I respect your opinion, even if we disagree. However, we live in very febrile times so I just hope you're like Berkshire Hathaway and have turned a lot of your positions into a cash pile so you're not dragged down when the plug is pulled on the markets.
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Could Trump's plan fail in a spectacular fashion?
I've never come across a Cassandra analysis, but I did have a colleague called Cassandra once. She wasn't into the markets though... Keep your money: you appear to be still bullish - you're going to need it.
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Could Trump's plan fail in a spectacular fashion?
Let me be clearer. It won't be a correction - it will be a global recession. This one will make 1929 look like a blip. As the average age of members on this forum is quite high, I sincerely hope you are still around to buy at the bottom, when it occurs. The bottom will be at least 16 years away.
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Could Trump's plan fail in a spectacular fashion?
I can see how my sentiments might be able to be interpreted a different way to that intended. I apologise for any lack of clarity. Markets act independently because neither Trump nor anyone else can directly control them. Of course they are influenced by his actions.
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Could Trump's plan fail in a spectacular fashion?
Oops, I think you've just let the cat out of the bag... I agree with your thinking, but I wasn't going to be too specific about it. All will soon become clear, regardless. p.s. It is refreshing to be part of an intelligent discussion here on Aseannow.
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Could Trump's plan fail in a spectacular fashion?
So, to be clear, disagreement with one's leaders and independent thinking are not the traits of a true American...?
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Could Trump's plan fail in a spectacular fashion?
I'm sure it must be very sad for you, as an intelligent American, to be in a position to feel this way. As you know, the stock markets act independently of anything Trump can do, and I expect they will determine his fate.
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Could Trump's plan fail in a spectacular fashion?
The markets are overdue a correction - in simple terms, this is based on time. Regarding your reference to the Biden administration, Biden was in the right place at the right time and benefitted from the stock market rises. Also, in contrast to his successor, he didn't do anything too radical to upset the markets. Markets provide liquidity and like order and stability in which to operate normally - Trump brings neither and his chaotic actions are the catalyst that has caused this change of sentiment in the markets. Unfortunately, stock market declines can also be far from orderly, panicking the weak into selling and creating a snowball effect. Watch this space. Ironically, countless US citizens have self-managed pension funds, i.e. their own personal stock portfolio... Hopefully, impeachment can't come soon enough.
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Could Trump's plan fail in a spectacular fashion?
I have news for you @Yagoda, @Cameroni and anyone else who thinks the US stock market movements are just a small correction. I am well-versed in stock markets and stock market history. The markets are long overdue a correction. This time, the 'correction' will be deeper and longer than anyone might imagine. You don't know me from Adam, but my advice would be to get out while you can. I won't be offended if you don't but you will remember my words for a very long time. As a single indication of what I believe, Morgan Stanley recently stated that the S&P500 could drop to 5,500 by the summer and then recover to 6,500 by the end of the year. Well, it went as low as 5,528 yesterday. Let's see where it is at the end of this month, let alone summer....
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Thailand Joins BRICS, Strengthening Economic and Global Alliances
I agree but the gas being sold to Asia is being sent in ships. This isn't economical. It will be many years before a pipeline is completed. In the meantime, Russia is burning off excess gas that can't find a home.
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Thailand Joins BRICS, Strengthening Economic and Global Alliances
The outcome of the Ukraine invasion may well influence how many other countries wish to align with Russia. Senator John McCain once called Russia 'a petrol station masquerading as a country'. Europe is working as fast as it can to eliminate all Russian gas and oil imports so with this, and many other factors, Russia's future economic prospects don't look rosy.
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Thailand Joins BRICS, Strengthening Economic and Global Alliances
... but not the half I would choose to be aligned with.
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There is no such thing as happiness.
Jerry, with respect, that appears like confirmation bias.
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There is no such thing as happiness.
I have news for you @Robert_Smith I have seen reports that you spend time watching stock markets and bitcoin prices. You may strive for more but I don't think it's coming. Naturally, you will be aware that the biggest fall on the US markets since 2022 occurred yesterday. I am well-versed in stock markets and stock market history. The markets are long overdue a correction. As such, the correction will be deeper and longer than anyone might imagine. You don't know me from Adam, but my advice would be to get out while you can. I won't be offended if you don't but you will remember my words for a very long time. As a single indication of what I believe, Morgan Stanley recently stated that the S&P500 could drop to 5,500 by the summer and then recover to 6,500 by the end of the year. Well, it's at 5,568 as I write. Let's see where it is at the end of this week and month, let alone summer....
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Rice field Mansion Building - Does it make you uncomfortable
Firstly, Thais respect wealth, although it might be culturally insensitive to build a 'mansion' in a village. They have no problem with someone being comfortable, so why should it be a problem for me? Secondly, it might be insensitive to directly flaunt wealth with lots of shiny new things. There are more subtle - and sensitive - ways to enjoy life. Thirdly, and most importantly, I'd rather live in a community of genuine Thais who look out for each other and always rally round to help each other, as we do them; as a result, crime is non-existent here. I expect these characteristics are not so prevalent in some of the coastal cities.
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Are you 'Moving on up' or are you stagnant and slowly fading away?
It reminds me of the canine world. It is known that dogs will do anything to get attention from their owners - it's called strokes. Good owners do stroke their dogs, of course. Bad owners beat their dogs, but the dogs still come back for more because it is attention from a human. To an animal psychologist both of these actions are 'strokes'. It appears that Bob seeks attention, however it can be found, and controversial statements are easier for a damaged personality. If he is taking the pee, it's a unique way of doing it. Nope, it ain't that clever. He's lonely, probably friendless, and definitely not rich (successful people don't have his characteristics - unless he obtained the money in a nefarious way). Only a masochist would visit this forum so often and consistently fail to be courteous to the members: if it was a private club he would have had his membership revoked a long time ago. I would really like 'Bob' (or whatever his real name is) to think about his approach and wonder what he is achieving. Maybe he's the last one to get the joke.
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Are you 'Moving on up' or are you stagnant and slowly fading away?
It's a good question. 'Bob' is a tormented soul, and it would be good for everyone -primarily him - if he was to emerge from the dark side and rebuild his character. Maybe he is a lost cause and he is best left being laughed at. It's his choice.
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Are you 'Moving on up' or are you stagnant and slowly fading away?
We both know that isn't true. I'm sure an imaginative man such as yourself could disprove me if he wished to, but you can't. I used to dream of flying my own aircraft, so I learned to fly and bought my own aircraft, which I used to fly all around Europe. If you wish to be tedious, I can provide evidence of my dreams. Where's your evidence?
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Are you 'Moving on up' or are you stagnant and slowly fading away?
Slightly off topic... @Robert_Smith As we've worked out that you a delusional fantasist who pretends to have lots of money but doesn't, and brings incessant pessimism, disrespect and rudeness to this forum, what would it cost for you to agree NOT to post anymore...?