Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stock Market Rip the Face Off the Bears Rally! - 22nd Dec 24
STOP LOSSES - 22nd Dec 24
Fed Tests Gold Price Upleg - 22nd Dec 24
Stock Market Sentiment Speaks: Why Do We Rely On News - 22nd Dec 24
Never Buy an IPO - 22nd Dec 24
THEY DON'T RING THE BELL AT THE CRPTO MARKET TOP! - 20th Dec 24
CEREBUS IPO NVIDIA KILLER? - 18th Dec 24
Nvidia Stock 5X to 30X - 18th Dec 24
LRCX Stock Split - 18th Dec 24
Stock Market Expected Trend Forecast - 18th Dec 24
Silver’s Evolving Market: Bright Prospects and Lingering Challenges - 18th Dec 24
Extreme Levels of Work-for-Gold Ratio - 18th Dec 24
Tesla $460, Bitcoin $107k, S&P 6080 - The Pump Continues! - 16th Dec 24
Stock Market Risk to the Upside! S&P 7000 Forecast 2025 - 15th Dec 24
Stock Market 2025 Mid Decade Year - 15th Dec 24
Sheffield Christmas Market 2024 Is a Building Site - 15th Dec 24
Got Copper or Gold Miners? Watch Out - 15th Dec 24
Republican vs Democrat Presidents and the Stock Market - 13th Dec 24
Stock Market Up 8 Out of First 9 months - 13th Dec 24
What Does a Strong Sept Mean for the Stock Market? - 13th Dec 24
Is Trump the Most Pro-Stock Market President Ever? - 13th Dec 24
Interest Rates, Unemployment and the SPX - 13th Dec 24
Fed Balance Sheet Continues To Decline - 13th Dec 24
Trump Stocks and Crypto Mania 2025 Incoming as Bitcoin Breaks Above $100k - 8th Dec 24
Gold Price Multiple Confirmations - Are You Ready? - 8th Dec 24
Gold Price Monster Upleg Lives - 8th Dec 24
Stock & Crypto Markets Going into December 2024 - 2nd Dec 24
US Presidential Election Year Stock Market Seasonal Trend - 29th Nov 24
Who controls the past controls the future: who controls the present controls the past - 29th Nov 24
Gold After Trump Wins - 29th Nov 24
The AI Stocks, Housing, Inflation and Bitcoin Crypto Mega-trends - 27th Nov 24
Gold Price Ahead of the Thanksgiving Weekend - 27th Nov 24
Bitcoin Gravy Train Trend Forecast to June 2025 - 24th Nov 24
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Ian Bremmer: Trump Faces a Far More Dangerous Risk Than Impeachment

Politics / US Politics May 24, 2017 - 03:48 PM GMT

By: John_Mauldin

Politics

by Patrick W. Watson : The words "Trump" and "impeachment" are often seen in the same sentence now. Few think it would happen. But there's no question another presidential impeachment attempt would be a wrenching experience for the nation.

Geopolitics expert and Eurasia Group founder Ian Bremmer doesn't worry about impeachment. Speaking at the Mauldin Economics Strategic Investment Conference on Tuesday, Bremmer said he sees a different and more worrisome risk.


What If Trump's Generals Leave?

When Trump won the election, he knew that he lacked military and foreign policy experience. To that end, he brought in widely respected retired General James Mattis as secretary of defense and Lieutenant General Michael Flynn as his national security advisor.

Flynn didn't work out, obviously, but Trump replaced him with Lieutenant General H.R. McMaster.

Defense hawks breathed a sigh of relief with these appointments. At least someone with military sense would be at the table, they reasoned.

But would Trump listen to them?

Most accounts say yes. Mattis, in particular, has strong influence on military and foreign policy decisions. This proved invaluable as the Pentagon mounted attacks on Syria and geared up for a possible response to North Korean missile launches.

So, as long as the generals are there, Bremmer is confident Trump won't do anything crazy. But will they stick around? That is not at all clear.

Mattis or McMaster Could Resign Within a Year

Working for Donald Trump isn't easy. He vacillates, changes his mind, thinks out loud, and publicly blames subordinates when things go wrong. Not everyone can handle it, and plenty don't want to.

This may be one reason the administration has been slow to fill the hundreds of sub-cabinet positions that require Senate confirmation.

Last week, Trump sent McMaster to face the media in defense of disclosing sensitive information during his Oval Office meeting with Russian visitors. McMaster was clearly uncomfortable in the role. Many observers thought his answers misleading or worse. That's a tough accusation for a military man whose word has long been solid as a rock.

Bremmer's concern is that we will continue to see more incidents that are unpleasant for Mattis and McMaster. There may be others behind closed doors, too. At some point, one or both could decide he's had enough.

In that scenario, replacing them with equally respected figures might be difficult. So, then what? Who will get Trump's ear?

Bremmer doesn't know, but suspects the answer wouldn't be good. He sees a significant chance either Mattis, McMaster, or both will leave their posts within a year. This is a much higher probability than impeachment—and potentially far more dangerous.

Get Live Updates from the Sold-Out 2017 Strategic Investment Conference

Don’t miss out as some of the world’s leading asset managers, geopolitical experts, and Federal Reserve insiders, including John Mauldin, George Friedman and Ian Bremmer, discuss how to assemble a winning portfolio for the Paradigm Shifts now destabilizing the world. Click here to tune in.

John Mauldin Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in