President-elect Trump during his first presidency, oversaw over 50 major departures from his administration. We witnessed significant turnover for various reasons: some officials received "too much attention," diverting focus away from Trump, or simply sought to perform their duties with some degree of independence.
In the years ahead, America will face economic challenges unlike those seen since 1929, and we need strong leadership to navigate the storm. The misuse of the U.S. financial system, both domestically and globally, is severe. When we need the world's support most, we risk burning bridges with our allies, while our adversaries may rejoice at our downfall.
If Trump consolidates power by directing all actions or surrounding himself with blind loyalists, he will stifle the distribution of power within the U.S. government. The outcome—whether wildly successful or a failure—will hinge on Trump and the Americans who supported his promises to dismantle the system. If dismantling the democratic system is pursued, America in 2028 will look nothing like it does in 2024, as division and internal conflict escalate.
Let’s hope I am wrong, and that Trump will unite Americans, empower democratic institutions, reinvigorate the populace, inspire individuals to strive, and change the rules of the game to make the American dream more attainable. If the dream dies, I can't see anyone caring about the stock market anymore, except the 0.1%.
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