Now we will explain the consequences of voting for populists and illiterate in economic theory, US will face a deflationary crisis, what all millionaires fear the most and what will bring a lot of misery and poverty in the US:

Real Estate: Property prices tend to fall in a deflationary environment. This is because individuals and businesses postpone purchases in the expectation of lower prices in the future. In addition, the real value of mortgage debt increases, which can lead to foreclosures and further downward pressure on prices.

Stocks (in general): Companies see reduced revenues and profits due to lower prices and lower demand (as consumers expect lower prices). This negatively impacts the value of their shares. Sectors with high leverage or those whose products are easily postponed are usually the most affected.

Commodities: Commodity prices, such as oil, metals and agricultural products, often fall sharply during a deflation due to lower industrial and consumer demand.

Durable Goods: Items such as automobiles, appliances, and heavy machinery suffer price declines as consumers delay purchases in anticipation of better deals.

Collectibles and Luxury Assets: In an environment of economic uncertainty and reduced purchasing power (even though money is worth more, people may have less), demand for non-core assets such as artwork, classic cars and jewelry may decline, leading to a drop in their prices.

Highly Leveraged Sectors (Significant Debt): Companies with large amounts of debt suffer especially during deflation. Although nominal interest rates may fall, the real value of their debt increases, making repayment more difficult and increasing the risk of bankruptcy. Sectors such as real estate, construction and some heavy manufacturing industries tend to be highly leveraged.