Market Review and Trends
Why Donald Trump Will Cut Down US Military Spending To Reduce US Budget Deficit.
By Investment Income for Life  •  April 19, 2026
The Government of the United States of America is technically bankrupt. For more than 2 decades, the US deficit has been getting from bad to worse. For illustrative, look at the recent 5 years (2021-2025) whereby US has been running a ballooning budget deficit of US$1.38 trillion to US$2.77 trillion. For 2026, Donald Trump is expected to create an all time high (since COVID) deficit of over US$2 trillion with the US war “adventure" in Iran- this will be a whopping  12% of GDP. The failure and upcoming refund of the illegal import tariffs is only going to worsen the deficit. Its heavy spending on healthcare (Medicare and Medicaid) as well as social security by being a welfare state are placing huge burden on its public finance. Donald Trump To Cut Down US Military Presence in Europe and Asia Already, we are seeing Trump using the excuse of the Iran War and no assistance from its European allies to “re-evaluate” its...
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By Investment Income for Life
I am an Accountant by training and is currently working in a global MNC in the Supply Chain industry. During my free time, I enjoy reading up on topics such as stock investing, insurance planning and property investment. Since 2012, I have started penning down my thoughts on certain financial matters while striving to achieve financial independence.
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