It took Donald just six weeks to crash the US economy, Wall Street has reacted with the Dow Jones crashing. There has been a big sell off in US equities, this has reverberated around the world sending international stockmarkets tumbling.

Trump’s mate Elon Musk through the incorrectly named Department of Government Efficiency [DoGE] is offering any but government efficiency. Through large scale lay-offs of government workers, it does not take much foresite to see government services will suffer. The lay-offs have not been targeted, Trump has taken revenge on the departmental heads who he has viewed as wronged him.

Even more concerning is Musk and his newly hired DoGE minions rushing in and downloading the data from secure department servers. This is a huge violation of the privacy of citizen’s personal data. As we are still in the early stages of the Trump insurgency, no one has any idea where this data will end up, what we know so far is the Musk headed DoGE has control of this previously secure data and could well end up in private hands.

The government workers who voted for Trump are now out of a job themselves, the ones left in employment are too scared to speak out, they are just so insecure in their employment. Military veterans are one of the hardest hit groups, we all know Trump has no respect for those who have served their country, he views them as losers. Those who have been wounded in American led wars have been affected, their pensions are being targeted and they have to ask themselves if it was worth it.

Trump and Musk have called Social Security a big ponzi scheme, senior citizens are rightly concerned, their benefits are being not only eroded, they could well lose the benefits the paid for with their taxes. Republican voters are dismayed, but what did they think was going to hapoen? As an outsider, I could see this unfolding and am interested to see what will happen next.

Despite his protests, Trump inherited a strong economy for the Biden Administration and in a period of six weeks has tanked the US economy. Before I even discuss tariffs, the indecision from Trump has rattled corporate America who need to strategically plan their businesses. With all this upheaval, corporate heads are being reactive, Donald changes his mind regularly and this destroys business confidence.

China is an issue, I have written extensively about the threats China poses to not just the United States, but the western economics in particular. So what does Trump do? Donald in his wisdom hits neighbours Mexico and Canada firstly, then targets the EU and Australia. Trump then tries to diminish Justin Treadeau in front of Canadians having the exact opposite effect with Canada preparing a round of tariffs targeting the US industrial base. I am watching on with interest to see the inflationary effect this will have on US citizens. The US economy is headed for recession, this is how I see this playing out.