Magalytical.com

Based on the presidential election of 2024, there are clearly many people who have made millions of additional dollars between October 2024 and the end of December 2024, with more income expected in early 2025.

These gains were due to significant increases in the value of various cryptocurrencies and certain favored businesses, such as Tesla. However, this current euphoria has a dark side. If the so-called MAGA movement results in substantial gains for the country without disastrous impacts on significant segments of the country, then people need to be congratulated, and the groups that provided the financial backing for the movement should share in the credit.

However, if as some suspect, large adverse impacts result, then those same financial supporters should bear the weight of the expected results.

To move the justice system back to the 1950s, where, in many places, a two-tier justice system existed, which allowed things like the Emmet Till incident to occur.

Many of the former January 6th defendants will now feel emboldened to commit more serious crimes.

To reduce the number of non-white immigrants entering the United States.

In addition to the chaos incurred by many families, significant labor shortages will be experienced in many industries, with some attempt to use forced prison labor to fill the gaps.

To improve the trade balance with China and negotiate other political issues by using the threat of tariffs.

Consumers in the United States will pay significantly higher prices for goods imported from China.

To use tariffs as a means to address various issues, such as immigration.

A trade conflict with reciprocal tariffs, which not only raises prices for imported goods to the United States, but helps lead to a recession in all three countries.

Increase the value of crypto assets for allies of the Trump administration.

Many people will lose millions of dollars on meme coins that will be created, similar to what happened in the 2008 mortgage crisis in the United States.