Michael Bloomberg – Trump Counter-Balance (#150)

Michael Bloomberg – Trump Counter-Balance (#150)

Monday, February 24, 2020


Ashok Dhillon


  1. Deadly Viruses - China vs The West (#154)
    05 Apr, 2020
    Deadly Viruses - China vs The West (#154)
    Globally, it is the generally accepted assumption that the Corona Virus, officially known as COVID-19, originated in the city of Wuhan, in China’s Province of Hubei. The virus itself is not ‘Chinese’ per se, as Trump likes to portray it, but it may have ‘crossed-over’ from animals to humans in the open meat market in Wuhan, where wild-life meat was sold for human consumption, illegally. This is not the first such deadly virus to have originated in China, to spread to other countries, and hence
  2. COVID-19 Shock Waves – Swamping The World (#153)
    31 Mar, 2020
    COVID-19 Shock Waves – Swamping The World (#153)
    The Corona Virus, known officially as COVID-19, has seemingly peaked in China, and is in decline there (if the Chinese Government is to be believed), and is now taking hold of the developed countries of Europe and North America (Canada/America). The virus has yet to significantly affect the developing countries (Emerging Markets), but the expectation is as the infection spreads, that regions like densely populated South Asia, and sub-Saharan Africa, could be the next hot-spots; and if so, then
  3. Governments/Central Bank’s Blank Checks & Traumatized Markets (#152)
    20 Mar, 2020
    Governments/Central Bank’s Blank Checks & Traumatized Markets (#152)
    To underscore the interesting times we are living in - that which created the greatest asset market bubble in history, namely government & Central Banks’ decades-long debt-fueled binge - is having limited impact with the stock markets of late as the Corona Virus threatens social and global economic Armageddon.  As the US Fed and the other major Central Banks of the World announce their counter measures, either as preemptive or belated rescue efforts with the opening of the fiscal and monetary
  4. Crashes/Stimulus - and the Corona Virus (#151)
    11 Mar, 2020
    Crashes/Stimulus - and the Corona Virus (#151)
    The Corona Virus triggered one of the greatest stock market crashes of all time. Prior to the ‘Corona Virus Crash’, a probable title, for posterity, as the crash easily ranks as one of the most dramatic in stock market history, the US markets were setting frequent ‘all time record highs’, and seemed to be impervious to any and all political, geo-political, and economic risks and bad news. The Corona Virus changed that dynamic rather dramatically by infusing the markets with real fear. In a
  5. Trump Acquitted – American Ugly (#149)
    14 Feb, 2020
    Trump Acquitted – American Ugly (#149)
    Guilt-ridden Trump’s acquittal by the Republican-controlled Senate was an open sellout of America’s lingering image of a largely law abiding ‘Super Power’. That image of America, as a ‘Policeman of the World’- moral, humanitarian, and largely law-abiding, since the Second World War – albeit severely tattered since the George W. Bush legacy of illegal wars and corruption triggered financial crisis that almost tanked the entire global financial system - was nevertheless still the perception of the
  6. Hello Brexit – And Goodbye Great Britain (#148)
    31 Jan, 2020
    Hello Brexit – And Goodbye Great Britain (#148)
    Finally, after three years of the most chaotic and embarrassing displays of political incompetency by England’s ruling Tories (the Conservatives), Great Britain and the European Union (EU) parted company, with the MEPs (Members of European Parliament) ratifying the ‘Withdrawal Agreement’ that governs Britain’s exit from the EU. The actual withdrawal will take place Friday January 31st, 2020, at the midnight hour, Brussels time. Now that Brexit has actually happened - now comes the consequences
  7. Trump in Davos – The False Prophet (Fiction vs Facts) (#147)
    23 Jan, 2020
    Trump in Davos – The False Prophet (Fiction vs Facts) (#147)
    For a time, escaping the turmoil he continues to create in his own Country, Trump arrived in Davos to be his true self, which for him was to be at his falsehoods spewing best. But now the World knows him, and they apply a healthy ‘Trump Discount’ to everything he says, which means that ninety percent of Trump-speak can be discounted. His speech in Davos was described by some as, ‘endless, tedious, bombastic, mostly unsubstantiated claims’, and that would pretty much describe most of his
  8. US, Mexico, Canada – Make the Trade Deal, Finally (#146)
    11 Dec, 2019
    US, Mexico, Canada – Make the Trade Deal, Finally (#146)
    Almost a year after being ‘agreed to’,  one of the World’s largest trading blocks, Canada, the United States and Mexico, have finally agreed to a trade deal, called the US - Mexico - Canada Agreement ('USMCA') after considerable revisions. In spite of Donald Trump hailing it as far superior to the old NAFTA ('North American Free Trade Agreement'), a far more precise name for those that prefer such things, USMCA is known in the more informed circles as NAFTA 2.1, the unrevised version being NAFTA
  9. America’s Continuing Decent – Reverse MAGA (#145)
    22 Nov, 2019
    America’s Continuing Decent – Reverse MAGA (#145)
    Watching the Impeachment Hearings over the past few days, and listening to the Republicans determinedly deny the facts underlying every witness’s testimony, regardless of how ridiculous the denials, the Biblical verse came to mind, ‘For what shall it profit a man, if he should gain the whole World, but lose his own soul’ (Mark 8:36 King James Version). It is abundantly clear that neither Trump nor the Republicans put much stock in religious teachings, regardless of their sham public displays of