Thank you! Just remember, Trump knows deals. Saudi Arabia realized that they can never bankrupt our shale business like they've tried to do every 10 years. Increase production, glut in the oil market, prices collapse. Only they underestimated the ingenuity of american engineers. Instead of going bankrupt, they improved efficiencies to the point that made the US the largest net exporter of energy.
Why is this bad for Saudi Arabia??? they're economy is too heavily relied upon by oil prices. They realized they needed to diversify their economy. Which is what Trump convinced them to do. By making inroads to womens right to drive, etc, they (MBS) knows they need to modernize, but not if half the crown princes oppose it and try to kill you. Which is why MBS teamed up with Trump. Now Saudi's major oil company can trade on the NYSE as an American Depository Receipt (ADR). All small steps.
You can begin to see the picture of how its all taken shape and form. Years in the making.... just imagine what his second term will look like!
Another thing to remember, as cold as the cold war seems right now with China, China is one of, if not THE, largest importer of American natural gas. THEY NEED IT. Which is why Trump was so mad at Angela Merkel for choosing russian gas instead of the US, their NATO ally who freed them after WWII for shit sake. If Russia controls the energy to your country, who are you really beholden to?? Which is what Trump asked? like wtf really Germany?
China needs US
Listen, ever since 08, I've been waiting for a significant recession to occur. We limped sub 2% GDP growth under Obama, and I knew if Hillary was elected, the economy would have slipped into a severe one.
However, Trump won. He takes office, lowers taxes, etc etc and boom the economy and markets are doing great. This is really important, because this is the longest bull run of any market at any time in history. The rules state we are over due for a recession.
Now, I'm inclined to believe that covid provided us with an accelerated recession. One that should have taken a couple years, condensed into two quarters. Makes sense by the sheer amount of unemployment, shutdowns, etc. With reopening, I'm inclined to believe an equal accelerated recovery is due, and I think we are in it.
I drive around, and traffic is thicc af again. People are out, spending, housing market is the hottest its been in 20 years, construction, etc etc. So this bull run isn't ending anytime soon, so long as Trump is re-elected.
They're right about it being an alliance, but not what claim its for, or why. No one remembers Trump's very first foreign dignitary visit.... it was to Saudi Arabia, then Israel. Why?
Obama made the pivot to Shia Iran, essentially opposing Sunni SA and Israel. Obama gave his apology tour, earning a Nobel Peace Prize, which paved the road for Arab Spring, a CIA psyop using social media, specifically twitter and facebook, to mobilize people to march in the streets with the explicit intent of ousting governments. It worked, and worked well. The only places it didn't work were Syria, and Ukraine. Hence, two civil wars and our two proxy wars. There is a reason the Muslim Brotherhood seized power in Egypt and then got ousted.
Obama gave Iran more money to fund their cells across the Middle East, which include rebels in Yemen, Hezbollah, and others. This was the plan, destablize the ME by supporting Arab Spring uprisings.
Trump pivoted back. Back to Sunni, which is why it was his first visit ever. Why they rolled out the red carpet, he solidified MBS Mohammed bin Salman crown prince's future with this. Remember the helicopter crash in SA? The arrests of half the crown princes included Hillary Clinton's bff Mohammed bin talal? They were forced to hand over vast amounts of their wealth.
Trump also sold SA 90 billion in arms to fight the rebels in yemen, and expand their geopolitcal role. This was also when SA allowed Israel planes to fly above their airspace. This is years in the making.
Now its finally coming to fruition, the new Triumverate of Power: Israel, Saudi Arabia, and Egypt to oppose Shia Iran.
Winning
CNBC is business. Jim is based. Joe Kieran is based. sorkin is the leftie and Becky the “moderate” (leftie)
The problem with business news and the stock market is you can’t hide success. You can’t hide the numbers. You can hide every ceo and CFO that comes on and talks about how great business is the last four years. You can’t hide that.
After the chaos of this year, people want to get back to normal NOW more than ever. I don't think they're going to find a lot of people who say yeahhhh, were going to fight this election result for months and create a constitutional crisis and possibly secede, and take up arms, and fight the army.
This is what children who play too much call of duty believe in. This isn't real life
I think if they didn't shut the economy down in March, and riot and burn cities all summer,
then they would have probably been able to contest election results with mail in fraud with little resistance from the general public...
NOW though, after the year we have had, I don't see people putting up with uncertainty, more chaos, and more riot while a general election result is contested, especially one that appears on election night to be a landslide
People want normalcy to return, and I don't see the general public allowing Dems to end this year with a consitutional crisis with an election night result being a landslide...
Remember they have Hilary, Obama, and like Susan Rice who will be screaming about Trump stealing it, and it's not going to work!
Louisville and Kentucky in general is steep in the drug game, has been for a long time. The cornbread mafia, a book written by a friend of mine, details the pot growing side of Kentucky's farm life, which is historic. The bluegrass conspiracy, another great book detailing cocaine running. Not to mention appalachia has always had a history of moonshine and shine running. Cartels are even involved in Louisville. Ops, almost forgot the opiate epidemic and pill mills (shut down so they've done some stuff right)