I really must stop listening to the news. All it does is depress. Although it took a little while this morning for me to realise quite how much!
A short remark regarding the stock market got the synapse firing. Almost a throw-away comment that Wall Street was prospering, at the moment, under what they termed ‘The Trump Effect’.
Vague promises of grand infrastructure improvements, potential protection of home-grown industries, all seem to have pushed the value of shares up. At least for the moment.
And while this may only be a temporary phenomenon, as with the less than disastrous figures to date post Brexit, the connectivity of international finance put a blight on my morning.
We are long used to international corporate money manipulation, and the negative impact it has on regions, and nations, across the world.
What doesn’t immediately occur is how this impacts for so many of us on a daily basis.
If the money market in the US is taking advantage of ‘The Trump Effect’, then so will those markets in other countries. And so will large national and international corporations.
So, profits will be made on an assumed future, certainly as far as actual expenditure and growth is concerned, but on the back of actual deterioration for large swathes of the US population.
And that deterioration will have a domino effect across countless countries around the world.
But also, on a micro level, it is difficult to disconnect ourselves from the advantage taken by the money brokers. because just about every pension fund and insurance policy will have a finger in the pie.
Which means we do as well.
Never mind the energy providers, banks, and countless corporations that own what we still see as individual brands.
No matter how you try, it is almost impossible to avoid an indirect involvement in ‘The Trump Effect’.
I suppose, however, the reverse will also be true. When the ‘Trump’ bubble bursts, it will be nigh impossible to avoid the ripples.
Whether that comes before or after the Brexit bubble burst or after is anybody’s guess, but if there is anyone out there who knows how to build an ark – build two. One on either side of the Atlantic.
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