Skip to main content

Trump wins, my garbage is picked, let's move on

I am among those who were shocked when on November 9, I woke up to the news that the unlikeliest of presidential candidates had clinched the American presidency. I could not wrap my head around a Trump win, because it had been so unlikely! Where did it all come from? Should we blame so-called populism?

O yes! Impossible it was! Trump had to surmount a 99% chance that Clinton was going to win. She had led the polls all along, and there was no chance for an upset. All polls except two or three had predicted a landslide win for Clinton. All the TV stations all talked about a Clinton presidency, as if the election was a forgone conclusion.

But Trump won, and resoundingly so. Or as others have said, Clinton lost; well, semantics. We are in a transition period. Suffice it to say that it's an interesting one. However, since that fateful Wednesday, garbage has been picked up at my house, tap water still runs, and there's still power in the socket.

Whilst this may seem obvious, it shows how "almost irrelevant" the results are to me. Note I said "almost irrelevant"; it is quite relevant and consequential. A president may not necessarily affect my daily life, I should rather be more concerned about the local elections and the current council members. It's not that simple, however.

The president affects my life in one key way; he/she provides leadership and direction to a country. Trump, in a big way, represents a force that we cannot comprehend because he has been so greatly vilified, laughed at, seen as a joke by most people. Whether we like it or not, he will define where this country goes economically (trade, creation of jobs), socially (tolerance, justice, peace) and spiritually (a reawakening/revival).

And as we well know, where America goes, the rest of the world follows. I may not agree with most of his sentiments, and I know some of it might be political rhetoric. However, I do see an opportunity for this nation to make some radical changes and move forward. In that regard, I will do what I can do as an non-resident alien; maintain peace, keep positive dialogue open and pray that he will listen to and be guided by God.

I do hope, for the sake of us all, that Trump succeeds as a president.

Comments

Popular posts from this blog

On thinking

Why do I believe what I believe? Why are my values what they are? Where do my thoughts come from? Are my ideals 'mine'? The question of thought, is a complex one, not least because thinking is so difficult. Many of us do not think, we take the thoughts of others and use them as the foundations, walls, or thatching of our mental structures. But we rarely think, and deep enough on important matters anyway. Thinking involves the admission that we do not know, an admission coming from a place of humility that we are ignorant and could do better. It does not, as is usually thought, have to be from a place of knowledge, even though knowledge can inform thoughts. If it was, then we would not necessarily be thinking, but just reorganizing previously known ideas. It begins with asking the question, why. Why do we go to school? Why do we marry and have children? Why do we work to earn money in order to buy things? Why do we elect leaders? Why do we go to places of worship and perfo...

How well-meaning parents ruined us

Growing up, it was common for our parents to encourage us and tell us how we could be anything we wanted in life. "You can do anything you set your mind to do!" They would cheer us on. "Even the president?" We'd ask unconvinced. "Yes, you could even become the richest man in the world!" All this fascinated us. We vowed to ourselves that we'd in fact become people of substance who would be recognized in the entire world for our achievements. We'd ride in super-yachts like Abramovich and the rest of the mega-rich. We would produce life changing inventions, innovating our way to stardom. We'd become the next prodigy in music and sports. All this is well and good, meant to lift our spirits. Assessing our lives however, no matter how much effort we have put in to realize our dreams and visions, they have eluded us. We have become adept at doing other things though: commenting on FB posts, retweets, identifying the hottest political issue...

Analyzing a carry trade proposal: Short USD, go long on bitcoin

I recently completed an assignment for an International Economics Policy class which entailed designing a carry trade. A carry trade is a financial transaction that involves borrowing (short) in a low interest currency, and lending (go long) in a high interest (yield) currency. For instance from Bloomberg 's rates for bonds, this would involve borrowing in Swiss francs (rate is -0.15 percent) and lend in New Zealand dollars (rate is 2.83 percent). All else remaining equal, the carry trade would yield a rate differential of 2.83+0.15 = 2.98 percent. Note: this is an unusual case where the interest rate we are borrowing from is negative; usually, this would involve subtracting the first interest rate from the second. For instance, borrowing in Japanese yen (0.04 percent) and lending in Kiwi dollars (at 2.83 percent) would yield 2.79 percent as profit. My carry trade in this case involves borrowing in USD at a rate of 2.33 percent, and buying bitcoins. But, what, you may ask, is the...