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July 2024: Dangerous consequences of "Trump reloaded"

Bad Homburg, 7/1/2024

The countdown to the presidential election on 5 November is underway in the USA. Despite ongoing scandals and legal problems, it seems increasingly likely that populist Donald Trump will win the election. As a result, the possible consequences of another Trump presidency are increasingly coming into focus - for the USA and the entire world.

One thing is already clear: under Trump 2.0, America would change more than ever before in the last 150 years.

Trump is planning a radical concentration of power (power grab) - with the clear aim of transforming the USA into an autocratic system or a kind of presidential dictatorship. „Trump reloaded“ would not only place the US Department of Justice directly under his control, but probably also the previously independent US Federal Reserve. The rest of the world would also have to pay a high price, as massive protectionism, acute global uncertainty, possible upheavals in the US financial system and a blatant weakening of NATO would be feared.

Our institute has been analysing developments in the USA and the political turnaround taking place there for some time now:

An alarming 85% of Americans are in favour of a partial or complete restructuring of US democracy!

As a result, Trump 2.0 is entering an environment of pronounced polarisation and growing disenchantment with democracy. We last described the possible consequences in detail at the beginning of the year in our detailed analysis „Trump reloaded“ – Drohender Umbau der USA in eine Präsidialdiktatur.

The analysis is available in German in the download section of this page. Also worth reading and downloading: our Cognitive Comment Amerika auf dem Weg zur Autokratie.



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FERI Cognitive Finance Institute

T +49 (0) 6172 916-3631

info@feri-institut.de

Rathausplatz 8 - 10

D-61348 Bad Homburg