New York City: An Unreliable Place for Business
Recently, there has been a major development in a civil fraud case involving former President Donald Trump that raises significant concerns about the reliability of the New York City court system. Trump’s lawyers have stated that he is unable to make a $464 million bond, highlighting the gravity of the situation.
I have long warned that our computer has issued a major long-term sell signal on New York City, advising individuals and businesses to steer clear of doing any business in the city. The recent action against Trump underscores the unpredictable nature of the courts, as they deemed a loan based on an inflated property value as fraudulent, despite evidence to the contrary.
The implications of this ruling are alarming – any company or individual in NYC can now be easily destroyed based on arbitrary decisions. The potential ramifications are far-reaching, with the threat of property seizures and financial ruin looming large.
Supporting these concerns is data from the Federal Reserve showing the collapse of employment in the retail sector in NYC, further confirming the city’s downward trajectory. The future looks bleak, with projections indicating a prolonged recession into 2028/2029.
The alarming situation in NYC is not just limited to Trump’s case, as it reflects a broader trend of eroding legal protections and business viability. The lack of rule of law poses a serious risk to financial assets and investments, echoing similar risks seen in countries like Iran.
In light of these developments, it is clear that NYC is no longer a reliable or safe place for conducting business. The need for a separation within the United States is becoming increasingly apparent to preserve commerce and civilization in a landscape devoid of legal certainty.
It is crucial for individuals and businesses to take heed of these warnings and assess their exposure to NYC’s uncertain legal environment to protect their assets and interests. The time to act is now before it’s too late.
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