"Krone" guest commentary

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Christian Baha is a stock market expert and founded Austria's first stock exchange terminal in 1993, which delivers data in real time. In 1996, he established the world's first hedge fund for private investors. Baha has always pursued the vision of making funds for wealthy individuals accessible to smaller investors.

(Bild: stock.adobe.com, Krone KREATIV)

In his first election campaign, Donald Trump was met with ridicule and derision when he said: "I will be the greatest president God ever created!" Now he could go down in US history as the most successful president. Because Trump is currently putting together his cabinet of the best.

He is consistently and uncompromisingly relying on the elite: Scott Bessent, hedge fund manager and star of the financial world, has been nominated as Secretary of the Treasury. David Sacks, PayPal COO, is to develop the USA into a global crypto center and artificial intelligence hub. Tesla founder Elon Musk, the richest man in the world, is to reduce US debt and inefficiency.

The entrepreneur Trump will run the USA like a company: economically, efficiently, efficiently, future-oriented - without losing sight of the socially disadvantaged. In contrast to professional politicians, his "successful rich" in government have few vested interests. In military terms, the USA has long been at the forefront, and economically, new top performances are becoming possible.

De facto, we are seeing a United States of America that the disunited states of Europe currently have little to oppose. Austria, a small exporting country, is groaning under escalating expenditure and enormous debts. If US punitive tariffs are added to this, it will be doubly difficult. We should learn from this and also recruit real top managers for government offices. So that Austria finally leaves the loser's lane.