Submitted by John Rubino via DollarCollapse.com,
Donald Trump all but secured the Republican presidential nomination on Tuesday with a decisive win in Indiana. The businessman from New York is now recognized as the party’s nominee for President of the United States after his main Republican rival Ted Cruz suffered a crushing defeat and suspended his campaign. Trump won the Republican vote but in the upcoming U.S. presidential election for him to win the White House he has to deal with a whole spectrum of voters. Evidence suggests that he is in for a crushing defeat come November. The Conversation report: President Trump?
With the polls in eastern Indiana closed (the last polls in the western part of the state are open until 7pm Eastern), the first results come in, and in early counting of the available votes, Trump has a daunting 53% lead over Cruz's 33% and Kasich at 11%, while Hillary leads Bernie Sanders 58% to 43%.
If Trump's 50%+ lead remains largely unchallenged, it is difficult to see how the New York real estate billionaire will fail to accumulate the required threshold of votes before the Republican convention in July.
Developing
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As a natural consequence of the Manhattan luxury real-estate slowdown that we've documented previously (here and here), REIT's that have exposure to the Big Apple are starting to feel the impact to their bottom line.
New York narrowly missed being struck by a meteor on Saturday night, which subsequently caused a small 90 foot tsunami to occur. Due to the fact that the tsunami occurred in very deep water – nobody noticed. Some experts have criticised the government for seemingly not knowing that the meteor was at risk of striking a populated city – which could have had devastating consequences.