Authored by Anatole Kaletsky, originally posted at Project Syndicate,
For those of us who were wrong about the United States’ presidential election, it is worth suppressing emotional reactions, at least for a month or two, and attempting a dispassionate judgment about what Donald Trump’s administration may mean for the world. So here are ten likely consequences of the Trump presidency, divided equally between the good and the bad.
The Daily Bell
US Domestic Tumult – Orchestrated or Not?
European shares dipped and U.S. equity-index futures (-0.3%) pointed to a lower open as traders questioned the stability of the Italian banking sector ahead of next weekend's referendum as well as the longevity of the Trumpflation rally, pressuring the dollar, sending the USDJPY sliding as low as 111.355 overnight, before rebounding over 112. That was the dollar's biggest fall against its Japanese rival since October 7 and against a basket of top world currencies it was the greenback's worst day since November.
On November 15, Congress passed a resolution to impose a no-fly zone over Syria, which experts are warning will result in a U.S. war with Russia. House Resolution 5732, otherwise known as the “Caesar Syria Civilian Protection Act,” means that America can now shoot down Russian warplanes operating in the region. Thefreehthoughtproject.com reports: Soon after the presidential election, key warmongers in Congress began formulating plans to make increased conflict a near certainty, complete with the kind of propaganda peddled before the Iraq attack.