The election of Donald Trump as the 45th President of the United States has brought about economic, political, and geo-political shockwaves that appear to have been pent up around the world for perhaps the last eight years. And at the heart of this is that the frequency shift rejection by the people of the establishment oligarchies in the U.S. is not just limited to the Clinton and Bush dynasties, or the neo-conservative agenda that has ruled most of the world for the past three decades, but also to several European, Eurasian, Asian, and North American countries that go far beyond Britain’s Brexit vote five months ago.
In the four days since Donald Trump won America’s Presidential election, a multitude of events have occurred in regards to markets, trade agreements, foreign policies, and even a Trump-like election which very few could have forecasted less than a week ago. In fact, it is almost as if a floodgate was opened when the media announced Trump the winner early on Wednesday morning, and now the rest of the world is charging forth bringing a type of change not seen in the past century, and as far back as the end of World War I.
Just a few hours ago, a member of NATO and ancillary member of the European Union just elected their own Trump type figure to the office of the President. And this ‘political novice’ as the press is calling him is both pro-Russian, and anti-Globalist.
Bulgarian Socialist ally Rumen Radev, a Russia-friendly newcomer to politics, won Sunday’s presidential election by a wide margin, exit polls showed, prompting centre-right Prime Minister Boiko Borisov to pledge to resign.
Radev, 53, entered Bulgarian politics on a wave of discontent with the ruling centre-right’s progress in combating corruption, disappointment with the European Union and concerns among voters over alienating an increasingly assertive Russia.
A former air force commander, Radev has argued Bulgaria needs to be pragmatic in balancing the requirements of its European Union and NATO memberships while seeking ways to benefit from a relationship with Moscow. – Reuters
Yet the beginning of this new week is seeing other extraordinary events not just limited to Eurozone nations standing on the outside looking in, as earlier today both Britain and France chose to be absent from an emergency meeting called for by the European Commission in Brussels on how to deal with new leadership in Washington that could change the balance of power in the West.
While America’s so-called “establishment”, the legacy political system and mainstream media, appear to be melting, and transforming before our eyes into something that has yet to be determined, Europe also appears to be disintegrating in response to the Trump presidential victory: as the FT reports, in a stunning development, Britain and France on Sunday night snubbed a contentious EU emergency meeting to align the bloc’s approach to Donald Trump’s election, exposing rifts in Europe over the US vote.
Hailed by diplomats as a chance to “send a signal of what the EU expects” from Mr Trump, the plan fell into disarray after foreign ministers from the bloc’s two main military powers declined to attend the gathering demanded by Berlin and Brussels.
The meeting, which comes as Trump appointed his key deputies – chosing the more moderate establishment figure, RNC chairman Reince Priebus, to be his chief-of-staff over campaign chairman Stephen Bannon, who becomes chief strategist and counsellor – was supposed to create a framework for Europe in how to deal with a “Trump threat” as Europe itself faces an uphill climb of contenuous, potentially game-changing elections over the coming few months as we described last week in “European Politicians Terrified By “Horror Scenario” After Brexit, Trump.” – Zerohedge
Last Tuesday night appears now to be much more than simply an underdog candidate winning the most powerful office in the world… it is as some are calling a Brexit times 10 moment which may be the equivalent of opening Pandora’s Box. And in just hours and days after the realization that the establishment cabal that has ruled economic, political, and geo-political policies over the West for decades has not only been fractured, but perhaps even given a death blow, the world is changing before our eyes faster than it did 100 years ago when the assassination of an Arch-Duke would lead four years later to the end of three powerful empires.
Kenneth Schortgen Jr is a writer for The Daily Economist, Secretsofthefed.com, Roguemoney.net, and Viral Liberty, and hosts the popular youtube podcast on Mondays, Wednesdays and Fridays. Ken can also be heard Wednesday afternoons giving an weekly economic report on the Angel Clark radio show.