Holly sh*t what the feck just happened in my bank account it is leaking cash faster than a Trumpian Bull breaks ceramics in a China shop!

Along time ago in a bank account far, far away I started to dabble in buying a type of UK bank account called an ISA (Individual Savings Account). ISAs are seen as a tax-efficient way to save and invest your money. That means you’ll pay no tax on any interest, gains or returns you make. What a great idea I thought. I also thought I could turn a little pot of money into a little bit bigger pot of money with me chipping some in monthly and also with the interest earned on the ISA. The only problem was that at the time I had decided to do this some 15 years or more ago interest rates were so low that in relation to inflation the interest earned was not keeping up with the low inflation rate so it felt like for every year you kept money in a regular ISA it was still in fact degrading over time in real terms.

So like everyone I was looking for a way out of this slightly silly system and so about 5 years ago or longer (I forget how long ago I decided to invest in a type of stocks and shares account with a online stocks and shares company. Again kept my little ISA ticking over to not earn interest on but also started saving into a type of stocks and shares account, again it was small potatoes and did not really have any major success but also did earn a little bit more than when putting money into an ISA so no big wins but no losses either still quite dull I thought really.

But then after a recommendation from a family member I consolidated my many minor pension schemes and cash ISA all into one company in the UK that had a steady higher rate of return for my money than any think I had tried in the past and low and behold I soon started to take interest in the interest and start finally seeing the benefits of my savings whilst at the same time as the stocks market would be stable and go up so would my stocks and shares ISA.

It was all going so well, I would pay a small amount in every week into my account and each week the money as well as the interest would grow. I thought I had finally become an adult without responsibilities that could and was planning for my rainy days and saving for my future. But then comes along President Trump like a bull in a China shop, who after many years of nonsensical speeches and stupid opinions was finally able to put those two things into practice with no less than  a trade war with the rest of the world – a literal economic DO NOT DO under no circumstances economic policy. Oh my the bigger they are the harder they fall kind of economic suicide that he has chosen to inflict on the globe and the US – its quite literally the top number one dumbest thing he could think to do and not only did he think about it he went ahead and did it and now will not back down and spend the next four years saying how it will be other countries and politicians and policies fault for the very dump policy that he implemented all on his own. You wonder how a person can even bankrupt a casino in their lifetime and we now know and start to see just how his logic did that and start to say ahh thats how, that’s why.

Finance and the direction of flow of money, shall always have a flow, an economic flow, it is not personal, it is not prejudicial, it simply flows from what it is able to make from money to who it then  able to buy with money, simple economic rule really on a micro and macro scale.

The barriers Trump is attempting to put up might well speed up or damage even more severely the things that Trump was in fact trying to protect and solve. China has a wall of businesses, bureaucrats, financial clout and desire to beat the US and where as Trump is dismantling the US government machine, China is only getting started with facing its machine up against the US in the trade war of all trade wars that Trump is initiating. Trump put quite simply this is a trade war you cannot and could never win. Just as Brexit saw a painful divorce for Britain from Europe, in a most likely irreversible circumstance so to is Trump trying to divorce himself right now from the economic flows of international finance and trade and oh boy have his shenanigans kicked my savings down right into my stocks and shares! No one can predict where this will end for global stocks or shares or for the US, China or rest of the world just yet. But my money is on the fact that this will not bode well for Trumps Tariffs’ philosophy at all.