Trump claims USA presidency!

Five bold predictions under Trump 2.0:

0) Middle East escalation starting soon, even before Trump becomes president. Regime change in Lebanon is the aim. Iran is in for some big hits. Another front in Syria may be opened against Russia to better negotiate Ukraine.

1) “Show of deportation”: The day Trump becomes president, he will sign deportation of illegal immigrants and stop more immigration. However this will be hardly implemented and only a few tens of thousands will be deported back for a show of sorts. The millions who came in are to be used for cheap manufacturing jobs that will come into US in the coming years as China is hit hard by Trump. 

2) End of Russia-Ukraine war: Trump will end Russia-Ukraine war. Ukraine will get a bad deal and it will be blamed on Trump. That doesn’t matter, but the US will end Russia-Ukraine war and using Trump bring Russia back into relationship. Sanctions on Russia will be lifted. Assets unfrozen. Russia may even re-enter G8. The aim to break Russia-China bonhomie.

3) Economic war on China: As relationship with Russia is reset, China will be hit hard by sanctions, tariffs, and trade war. Chinese economy running on over-production and dumping will be hit by taking out apps like Shein and Temu with tariffs and fines. TikTok is over. It will be banned or bought by the US. Not just that, shipping issues and a manufactured recession may be used to destroy Chinese economy if needed.

4) Onshoring of hi-tech manufacturing: US will again become a manufacturing nation. As Trump launches tarrif wars on the World’s hi-tech industry, China’s economy is hit badly, and even Taiwan’s chip industry hit by Trump, manufacturing will come back to the US. They already have illegal immigrants to run these plants and jobs on the cheap. This is why they were let in their millions till now which everyone thought was for vote rigging against republicans. Wrong calculations.

5) US will become the world’s biggest oil producer. Bitcoin will go to $500,000 coming years. Gold will go to $3000 and even $5000 if they bring in the manufactured recession to hit China. Digital dollar will be introduced. XRP may become the default digital swift alternative. US debt will be financed by Cryptos, a CIA project, sold in the world markets sending in dollars for the US. The world order will radically change. China may be forced (or should we say incentivized) to go to war with the chip industry fast leaving Taiwan, and its economy in doldrums creating need to divert attention. By 2028 we can expect a very chaotic world post Trump. But the US shall remain the emperor of chaos.

This was not Pakistan losing to India B Team, it was Pakistan losing to India H1-B. That was the popular take on Friday at Dallas where USA shocked one-time world champions Pakistan in a nail-biting Super Over finish in a group game of the World T20.

With as many as six cricketers of Indian descent, most of them on temporary H1-B visas that allow companies to hire overseas employees, featuring in the historic USA win, the joke would be a hit in the immigrant community.
Almost everyone had a role in scripting a historic day for American cricket. The ripples of joy spilled as far as Delhi and Mumbai, Anand in Gujarat and Chikkamagaluru in Karnataka. Their stories are diverse.

The Super Over hero, Saurabh Netravalkar, had packed his bags from Mumbai to San Francisco for higher studies.

Player of the Match and batting hero Monank Patel (50 off 38 balls) had left Anand in 2016 for New Jersey to start a restaurant after he realised his cricket career was going nowhere.

Three-wicket hero Nosthush Kenjige, born in Alabama but raised in Nilgiris and Bengaluru, returned to the US to work as a biological technician.

Milind Kumar, who took a blinding catch in the Super Over, had represented a clutch of domestic sides before quitting his job in ONGC and flying to Houston, where he had been playing league cricket.

Nitish Kumar, whose last-ball four tied the game, was born in Ontario, Canada, but shifted to the US during a torrid phase during the pandemic.

Left-arm spinner Harmeet Singh, whose action was likened to Bishan Singh Bedi, left India as a shattered man after setbacks and rejection, including an alleged match-fixing scandal although the board eventually cleared him.

Jasdeep Singh spent most of his life shuttling between New Jersey and Chandigarh, before settling down in the US.

It’s a big day for Team USA and for the USA cricket community, too. Of course, beating Pakistan in the World Cup is going to open many doors for Cricketers.

Gundlach, regarded as one of the most influential people in financial markets, has been off about the precise timing of a recession.

Jeffrey Gundlach, Chief Executive of investment-management company DoubleLine Capital, is continuing to hold on to a view that he’s had since at least late last year — that the world’s largest economy will likely experience a recession.

According to him it is hard to say whether it will happen this year. But he said “sure” to the idea that a recession could come in either 2024 or 2025.

Elevated inflation, higher interest rates and rising rates of household debt are likely to keep weighing on the economy this year.

In the meantime, the New York Fed’s Empire State factory gauge, released last Wednesday, weakened further in May, falling to negative 15.6. It was the sixth straight reading in a row below zero, which is a sign of deteriorating conditions.

Gundlach said in the interview. “I mean … a month ago, if you subdivide the economy into six or seven major sectors, all of them were experiencing positive growth. All of a sudden, in those same numbers this year, more are negative than positive.

“And the positive ones are less positive,” he continued. “So, yes, I think that the lifestyle adjustment that was allowed by all that money printing got people to a lifestyle that they decided that they weren’t getting checks from the government, but they were willing to put it on a credit card. And those credit-card bills are really starting to add up.”

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