Psychiatrists all over the United States are banding together to request a mental health assessment on president Trump. They believe stresses such as a decrease in popularity, the tension with North Korea, and his campaigns contact with Russia are all causes of his recent impulsive behavior. He has been acting out in anger, and using racial and sexist slurs in his responses lately.
They also stated that institutionalization is a common response to these behaviors.
If these psychiatrists are correct in their assumptions, this could greatly affect the confidence of consumers and investors. If we were to abruptly lose a leader, that would facilitate great insecurity of the future for consumers. And when things are unsure in an adverse way, people tend to tighten their spending. Could this lead to even lower inflation, or even deflation ?
Unfortunately, the health of the president will not be questioned unless he punches another president or something along those lines. Although I do not think that he is overtly unhealthy, I believe that his social skills are deplorable. As an investor, I would feel very uncertain about certain aspects of the economy. However, considering that a president does not control the economy, I would not feel too worried
ReplyDeleteUnfortunately, it seems even a punch against a foreign head of state may not do it. President Trump, came very close to that shoving the prime minister of Montenegro at a NATO summit earlier this year, ( https://www.youtube.com/watch?v=T4rWVOeEI7Y ) and yet here is, still president. I agree that if indeed it were discovered that Mr. Trump had mental conditions that required him to leave office, there could be some grave economic consequences especially considering how important perception is in economics.
ReplyDelete