@chanchitra, All of the above news are great news for the United States. 1) Stock market's positive reaction is an indication of business-friendly climate expected in Trump's administration. 2) Migrant caravan disappearing is a good sign. Vice President elect says the plan is to return 1 million illegal immigrant per year. Everyone is talking about the cost of deportation but no one pays attention to how much of welfare is given to those illegal immigrant in some states. 3) All Iran supported programs will feel weak in their feet as Trump is expected to be all out against Iran and all its plan. 4) I feel Bitcoin value increases and decreases periodically and I feel a lot need to be regulated to avoid malpractices in this area. A major company failure last year in value erosion for many. 5) Putin has already offered to sit down with Trump for a peace talk to stop Ukraine war. American spending will eventually come to an end. It is beneficial for American economy. 6) Qatar kicking Hamas out is no brainer and they knew all American support to Qatar going forward will be dependent upon how they remain solidly behind American policies. America hitherto was not able to forcibly mention their needs to both Qatar and Egypt about peace in the mideast. 7) Trump is going to increase production of oil by drilling which will reduce oil import into the US and enhance oil export from the US as well. He has promised to reduce the oil price by 50% in a year. 8) Putin selling oil in US dollar is a sign of death of alternative currency to the US dollar effort made by Asian countries in collaboration with Russia. China is not allowing their currency to have a free float in the market economy and pegged its currency at the same value for decades. The pressure will be intense and China's influence and growth will be substantially affected by this pressure. Consequence of war with Ukraine coming to an end, economic sanctions against Russia may be lifted resulting in no more cheap oil available outside of OPEC prices. 9) Zelensky may be more flexible to negotiate a settlement in the war (even to give away the occupied territory) as he could restore his agricultural exports quickly besides building back the country. The negotiated settlement might include Europe and the US giving growth fund to Ukraine. 10) Any unnecessary expenditure eliminated is good for the economy whether it is in New York or any other state. 11) Mexico's cooperation will be complete in stopping the illegal immigration as the border policies will be strict. It can also stop illegal drug flowing into the country. 12) China's effort to work with the US is win win for both China and the US. But they should be willing to have a free float of their currency without that balance of payment will not reflect true situation. Already they have excessive infrastructure investment in China and now they would comeback to invest in the world's largest economy increasing dollar domination. 13) With favorable tax structure, the jobs might move back to the US. I would be very happy, if Trump's effort to reduce the size of the government with the help of Elon Musk and revamp the healthcare market with the help of Robert Kennedy Jr. is successful. It is not easy to do it as there will be significant resistance. Balancing budget, and reducing debt are much talked about for many decades without any success. If it really happens, the dollar will become much stronger in true sense.
This all inspite of spending far more for election publicity by Harris. I heard the democr as ga as re in debts and elsewhere Trump requested people to donate to democrats .
Dear Thyagarajan Sir, Democrats spent $1 billion for the election collecting money from grossroot level plus a few rich donors and all went down the tube. They still have $20 million in debt is what I heard. It is my assessment Democrats didn't follow a proper social media propoganda and focused more on television ads as opposed to Podcasts and other social media. Republican used that so strongly to win the election.
The main reason for Trump sweep is USC are fed up of the open borders. Democrats feeding the Illegal immigrants. 5 star hotel stay, food , money to spend on the tax payer dollars. People are working hard 2 jobs to feed their families. Paying 30% tax. After 65, Imagine less SSI, less Medicaid coverage due to shortage of public funds.
@chanchitra, We experience it a lot in Florida which is why Florida became a total red state from battleground state in 2000. Federal government was running a welfare state as opposed to encouraging people to work and contribute to the economy. I have personally heard from many that they are not looking for jobs because they are in long-term disability for apparently not visible disability because the federal government pays handsomely. I am not against taking care of needy people but certainly against taking care of lazy and greedy people.
