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If Trump did all of the things he says he'll do, it'll have potentially devastating consequences for the economy. Pulling out of NATO and refusing to support allies will cause tectonic geopolitical shifts, destabilizing the world and resulting in increased conflict. Conflict is bad for business (unless it *is* your business). Rounding up immigrants by the thousands or millions would destabilize so many industries. Linda Chavez wrote a great article about this the other day. Houses would be vacated, companies would be understaffed, supply-chains will struggle, inflation will go up. Never mind the consequences of yielding global influence to an increasingly powerful China. A Trump 2.0 could be devastating to many businesses and the wealthy behind them. Nonetheless, some would find new ways of exploiting the situation and manage to extract more wealth out of an increasingly fragile economy, à la Russia.

Jan 19, 2024
at
10:09 PM

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