Publisher’s Note: The contents of this editorial are strictly the opinions of the author.
Today’s Markets and Money strays from market news to bring your attention to a disturbing development.
We’re simply calling it the ‘Trump Conspiracy’.
The Trump Conspiracy, we assure you, is not the outcome of vivid imaginations. It is so unsettling, in fact, that it goes against everything you’ve been conditioned to believe. You may find our theory hard to swallow. All we ask is that you keep an open mind.
Before we lift the lid on this conspiracy, a question:
A person on the street walks up to you. They tell you Donald Trump is a Russian agent working to bring down the US economy. How do you respond?
You might raise an eyebrow. That would be our reaction too.
Now consider this question:
You turn on the TV. Your local news comes on. The anchor informs the public that Donald Trump is a Russian agent working to bring down the US economy. How would you respond now?
You might find this seemingly black and white issue becoming much greyer.
It explains why the baseless idea of Trump colluding with Putin became a ‘credible’ theory in the lead up to Trump’s inauguration.
Yet we see this problem with clear eyes.
Authority figures in society — and they come no bigger than the media — wield incredible power in legitimising what might otherwise be eccentric nonsense.
To be sure, we don’t believe Trump is a Russian lackey. Our conspiracy theory goes far beyond that. But we are mindful that the media played a significant role in perpetuating this idea. It wasn’t misinformed reporting. It was deliberate deception.
We’ll explain why shortly. But first…
You’ll likely recall that Russia was on the receiving end of stinging criticism from the outgoing Obama administration.
Then along came Trump.
Overnight, not only were Trump and Putin supposed ‘besties’, they were conspiring to rig the US election too.
For the media, the hacking scandal was important. It planted a seed in the public consciousness. It both tainted Trump’s legitimacy as president in the public eye, and set the stage for what came next.
Not surprisingly, the US targeting sights switched from Russia to China. Trump accused the Chinese of manipulating their currency. He spoke at length of how the US-China trade only benefitted Beijing. And just today, Trump’s chief strategist, Steve Bannon, said ‘We’re going to war in the South China Sea…no doubt.’
The media assures us the Trump administration’s aggressive anti-China rhetoric is Trump’s own handiwork. We disagree.
As erratic as US foreign policy may seem, we’re not naïve enough to believe that Trump has any real say in shaping it. Trump, like every US president since Kennedy, is a water boy; he’s no coach.
The conspiracy starts with the media
The media holds a very special place in the establishment elite’s toolkit. Its job is simple. Bombard the public into accepting the pursuit of elite-driven agendas. In the pursuit of this aim, any and all means are acceptable. Deception, truth, fake news… ‘Confuse and Mislead’ is the name of the game.
You may have heard the adage ‘The media doesn’t tell you what to think, but it shapes what you think about’ before.
But consider the possibility that the media also foreshadows events long in advance. Not in a Nostradamus, tarot-card reading type of way. But by laying the groundwork for shifts in societal beliefs and expectations.
In other words, the media doesn’t respond to events in real time. It cajoles the public into accepting future events as outcomes of inevitability. That’s in contrast to what these events actually are: carefully-planned, elite-driven agendas.
‘Russian agent Trump’ wasn’t a case of ignorant reporting by a mainstream media that’s lost touch with reality. It had a simple purpose. It was part of an ongoing campaign of conditioning. One aimed at influencing the public into accepting the narrative that Trump is the cause of what is to come.
On cue, we received more evidence this week that the Trump Conspiracy is no mere theory, but deeply rooted in fact.
Trump’s decision to ban admission of refugees from seven Middle Eastern and African nations to the US resulted in widespread censure. Large public protests and international scorn, aided by an angry media, added to criticisms of Trump’s policies.
And what about Malcolm Turnbull’s ill-fated phone call with Donald Trump this week?
It is further evidence of a president gone rogue, they say. Trump is the reincarnation of Hitler, they scream. An isolationist, xenophobic president leading the world on a path to war.
But the Trump Conspiracy tells us an altogether different story.
The elites got Trump into power. They sanctioned the isolationist, anti-trade position Trump has adopted.
The elites, using the media, have popularised the rise of nationalism. They’ve opened the doors to the surging wave of right-wing politics swamping Europe. In an era of mass migration and economic turmoil, it’s been an easy sell.
Naturally, the systemic lowering of living standards across the world is not to blame. No, it is immigrants and free trade that is the scourge. Or so they tell us.
The elites want you to believe that, like Brexit, President Trump is the outcome of an undercurrent of discontent. In reality, these events are acts of deliberate global disintegration.
Why would elites want disintegration when it runs counter to everything they strive for? To pave the way for further integration. From chaos, comes order.
It is important to understand that the elites are not losing ground to anti-establishment movements. They merely use the media to make the public believe their influence is waning. Narratives in which change arises naturally make for far more believable stories. Manufactured change, by contrast, is open to revolt. The masses must believe these things are happening with the puppet master pulling the strings.
Despite being a major influence in Trump winning the presidency, the media’s role over the next four to eight years will be simple. In no uncertain terms, they will hoodwink the public into believing the global phenomenon of isolationism, rising nationalism and trade wars, championed by Trump, is to blame for the mother of all economic crashes that will play out.
To be sure, they are already succeeding. The public has bought the Trump deception hook, line and sinker. Once all the pieces are in position, the elite will make their final move.
You’ve seen this economic crash foreshadowed every year, year after year, for nigh on a decade. But it was only ever going to play out once the scapegoats were in place. Trump is one. Brexit, and surging nationalism in Europe, is another.
Understand that change never takes place in times of peace and order. And the elites have never let a crisis go to waste in bringing about more global integration. This won’t be any different. Whether a major conflict accompanies this looming economic crisis, we can’t say.
Yet, as in the aftermath of the Second World War, the response will be predictable. ‘We must never let this happen again. More open borders. More free trade. And more integration. This is the only way of avoiding a repeat of our mistakes.’
From chaos, comes order.
The Trump Conspiracy is simple enough to understand. Accepting it as a possibility may require renouncing everything you hold to be true. But, if you do, present-day events will make a great deal more sense.
We can’t say more than that here. If you wish to understand how this plan may unfold, don’t waste another moment. Your family’s livelihood is at stake. Go here.
This week in Markets and Money
As we noted above, it was a busy week for Donald Trump.
On Monday, Markets and Money editor Vern Gowdie reflected on a recent meeting he had with renowned economist Nouriel Roubini. Roubini told Vern that the smart money is in cash once Trump’s honeymoon period ends.
The stock market won’t fare nearly as well. Though the Dow Jones could add another few thousand points before reality sets in.
Regardless, the pressures working against the US economy and markets are mounting. The growth forecast for the working-age population is the lowest in 60 years. Boomer retirement is ramping up. Throw in Trump’s anti-immigration stance, and things look bleak. The outcome, says Vern, is fewer people in the workforce and stagnating wages.
Any talk of a consumption boom looks unpromising.
Jason Stevenson explained why this stock market correction is overdue in Tuesday’s Markets and Money. He highlighted two main reasons, one of which was Trump.
At first, Trump’s infrastructure-spending plan and mooted corporate tax cuts sent markets into a tizz.
But looming delays to Trump’s policies have dampened the mood since. So much so that Jason believes the stock market is about to head south. He reckons we’re looking at a significant market correction. How big? Find out here.
On Wednesday, Jason followed up by looking at the second reason for the coming correction. The greenlight for formal Brexit negotiations is now on track to take place before 31 March. That would kick-start the process to leave the EU.
When Britons voted to leave the EU last year, the stock market plummeted. The two-day selloff saw over $3 trillion wiped from the Dow Jones.
This process will take place alongside Trump’s delayed policies. And it will also coincide with the Federal Reserve’s timeframe for lifting rates again.
As Jason warns, expect alarmism from the mainstream media. And then watch the market correction play out.
Yet it’s not all doom and gloom.
As Jason points out, corrections are a healthy part of bull markets. He says the coming correction offers great opportunities to buy stocks on the cheap. He’s tipped three of these potential winners in Resource Speculator. Click here to discover the three stocks that may present a bargain as the correction plays out.
On Thursday, Cycles, Trends and Forecasts associate editor Callum Newman alerted readers to Warren Buffett’s recent buying patterns. Buffett has been on a stock-buying binge of late. His company, Berkshire Hathaway, has pumped US$12 billion into stocks since Trump’s election.
Callum suspects much of this went into the financials sector. With Trump looking to dismantle the Dodd-Frank Act, banks are purring. If you remember, that’s the law Obama introduced to regulate the banking industry. Yet the Dodd-Frank unwinding is now underway.
As Callum says, regulations always follow crises. They are then made redundant as Wall Street chases big profits again. It’s all part of the boom and bust cycle. You can see why in detail here.
To close out the week, on Friday, Vern revisited the US stock market. Since breaking its record milestone, the Dow Jones has edged below the 20,000-point barrier again.
While Wall Street believes conditions will improve, they’ve said the same thing year after year. Even when the tech and subprime mortgage bubbles were blowing up.
Vern showed readers an interesting table, looking at the history of the Dow. That history tells us that the first breach of stock market milestones is usually the end of a boom, and not the beginning. In other words, the 20,000-point barrier was a poisoned chalice. With US stocks having little room for error, they must keep exceeding expectations. Otherwise the market risks a major correction. To read Vern’s analysis in its entirety, click here.
Finally, a reminder to tune into this week’s Financial Anarchists podcast. Ivan Carrino, the Economic Analyst at Inversor Global, joined Kris and James at the roundtable this week. They sat down to discuss the similarities (and differences) between Australia and Argentina.
They covered a diverse range of topics, including:
Where Australia and Argentina took difference paths…
The parallels between populist leaders like Juan Peron and Donald Trump…
How capital controls in Argentina created a black market for US dollars…
Who killed the Argentinian export business…
How free trade allows countries to grow their economies…
Why you shouldn’t fear the free market…
Until next week,
For Markets and Money