It’s been almost one month since the bizarre inauguration of President Trump, the multi-billionaire with a history of bankruptcy and law suits, a man who appears to spend more time ranting on Twitter than fixing what he considers a broken America.
The same man that claims to have the answers to America’s problems, a wall in Mexico, travel bans to prevent terrorism (although arguably, will give Isis more reason to retaliate), the list goes on and on.
And so far, the only bridge he appears to be building is a US/Canada pipeline so that America can benefit from Canada’s rich oil supply, and given the meeting today between Trump and Trudeau (and the awkward hand shake that has already become an internet sensation), Trump appears committed to NAFTA probably because it benefits him.
The world watches in awe as the President goes about his business ranting and raving on twitter, shouting and screaming like a school child being denied a second serving of semolina. It would seem that the newly appointed President is used to getting his own way, after all, having inherited a large sum of his wealth from his Grandfather and running the show for most of his life, it’s not difficult to understand that Trump’s Presidency has less to do with serving the people, and more to do with massaging his ego.
Perhaps he hasn’t realised yet, but with one of the worst ratings of any President in history and worldwide outrage over his controversial executive orders, he’s incredibly unpopular. Pictures of Trump smiling next to Obama, Shinzo Abe and Justin Trudeau resemble awkward encounters of ex boyfriends meeting current boyfriends, awkward hand shakes and eye contact.
As one of the biggest economies in the world, leaders put up with the President to keep relationships ticking by but it doesn’t take a body language expert to realise the sheer awkwardness it portrays.
But we should give Trump a chance they all shouted, after all, all Presidential elects make promises they can’t keep. Well actually, Trump does appear to be sticking to his campaign promises, but none of them for the benefit of the American people.
It was hoped Trump would smooth over relationships with Russia, but even the Kremlin are bewildered by Trump and his sporadic behavior. The fact that Putin shows concern for Trump is perhaps the most frightening revelation ever.
It remains to be seen what affect Trump will have on the US economy and the Dollar, but if the FED had any sense, raising interest rates with Trump at the driver seat is a dangerous game with huge blame at the feet of Janet Yellen if all goes wrong. Knowing Janet Yellen and her cautious, articulate approach to monetary policy i’ll be gob smacked if a hike materalised in March.
How long will it be before Trump’s mouth poses a risk to US national security? The Resignation of Michael Flynn last night just highlights the distrust within the administration. As the cracks begin to widen appetite for the US Dollar could be set to shrink.