capital is destructive insofar as new knowledge, new ideas, new technology obliterate the ways of the past
capital is destructive insofar as new knowledge, new ideas, new technology obliterate the ways of the past
Wall Street will sell off...possibly by as much as 50%....the market always overshoots....could be more than 50%...emerging markets will crash and burn
I have always been able to move the market... well this time it is quite amazing I published a 15 Minutes WAM Media here on the 9th March the following day NASDAQ sold off by 4%...
The market knows I am right and the selling will start to get kind of crazy....so it is end of the Trump presidency...that is... where he thinks he is in charge....he is not in charge...
Vincent de Gournay is now very famous...I made him famous....smart guy....Trump is talking out of his ass...Trump is going to realize he stands no chance of competing with me...hilarious
I am going to put my son Christophe [age 25] in charge of tech development for the US govt even for the entire world this will drive down inflationary pressures
Annual debt service cost of US govt is now about 22%-25% of US govt hard cash revenue but the US Treasury Department is run by criminals and they will not acknowledge this
2 main reasons for the Ukraine war: 1) reverse Zionism the Ashkenazi Jews have realized Fertile Crescent Zionism is finished 2) get Ukraine, topple Putin regime get Russian oil & natural resources
In the mid 1990s I came up with the concept of "development dictatorship" and the Chinese govt has brilliantly carried out my conceptual model
Most of the important heads of state around the world realize that I now "call the shots" so this means I pretty much rule over the entire world this is pretty cool also amusing
I don't think there is any going back...the Wall Street dudes are going to be listening to me...they will sell the problem is ...everyone cannot sell at the time...hilarious
The criminal/crazy Ashkenazi Jews want to deny energy to Americans but I will put an end to this Americans will be driving diesel vehicles this will be deflationary
Repeat: Ashkenazi Jews do not like the 1st Amendment they want to restrict speech they do not approve of
Repeat: the Christian faith and its tolerance and forgiveness can only be taken so far it will collapse then the force of nature takes over
I am planning to publish all articles in the WAM media in 5 languages [English, Arabic, Spanish, Russian, Chinese Mandarin] this should happen relatively soon
The German Catholics in Bavaria in the 1920s 1930s did not fully realize the Slavs in the East were not their enemies their real enemies were Ashkenazi Jews and Bolshevism so Germans lost the war
It is probably true that Mr Vladimir Putin knew I was right and so he ordered the military incursion into Ukraine and I think he is now committed to "development dictatorship"
I realized recently WWII was mostly about the Jews, not only the Pale of Settlement but also Jews in Western Europe and this war in Ukraine is also about Jews and WWIII will be about Jews
Mar 14, 2025
If I recall correctly, I have, over the past 20 years or so, interviewed 3 Deutsche Bank chief economists. The 3 previous ones, not the one who is now in the job. Deutsche Bank Research has been sending me their research for many years, since probably 2006, almost 20 years. They are excellent, they work hard, and I count them as friends.
Several days ago I checked my email inbox in the early morning, from my bed, with my mobile telephone. I saw their email with a chart. This is how I work. I work around the clock. Been doing this since I was a young man, since I was 20 or so. I mention this detail because I want to emphasize that I always understood that I would have to work hard. I sleep plenty, but I am always working. 45 years of hard work, pretty much around the clock.
I will republish these three Deutsche Bank chief economist interviews very soon, what I wrote about them. The audio recordings will be published a little later. A friend of mine, a lawyer in Washington, he's now retired, who worked for the Central Intelligence Agency, texted me recently and said “Busy world, TP!...Be vigilant!” He calls Donald Trump a stooge, my friend is a funny guy. Why does he call Trump a stooge? It's hilarious. My friend says about Trump: “The stooge who thinks he is in charge!!” The reality is that my friend knows that I'm in charge.
That's just the way the world works.
I am vigilant, of course. I am super busy, obviously. But I am not anxious at all. Not at all nervous. I do however worry a little about not having all the information I need. This is pretty much a nonstop irritation, but again that's the way the world is. Yet, with Artificial Intelligence we can be more confident that the information we are seeking is made available, readily available.
Vladimir Putin and Xi Jinping realize that I'm in charge. But they like it this way. They are much relieved, actually.
Back to Deutsche Bank Research. Great work they do. As I said they sent me a chart they recently put together on the issue of trade [commerce, world commerce] and “wealth creation”/GDP. That they are correlated should not be a surprise. A remarkable correlation. And this is why the Wall Street public marketplace started selling off on March 10, 2025. Wall Street knows I am right. Sure there is some buying now, today there was a good deal of buying, but this is probably mostly because Wall Street knows that Donald Trump will have to back off from his tariffs regime. And the buying is also happening because Wall Street knows that I'm in charge.
It was April 2007 that I conceived a new and original “economic science.” Commerce is a secondary source of economic growth and development. The 3 secondary sources do not create economic growth and development, they augment the 3 fundamental sources of growth and development. The DB Research team is excellent, they did the hard work that I would have expected them to do. See their chart below. I had argued that I would win this policy debate and easily – and quickly. And I have.
If I am making global “economic policy” then we will be fine. And we will be fine, because I am making policy. Donald Trump will be a little obstinate, no doubt. There's no question that he will accept the reality, however. It might be a little humilating for him, but he's a businessman, he's nothing but pragmatic. There's a job to be done. And we will do it.
Trump's obstinacy will determine how much Wall Street sells off. What's your guess?
