While Kamala Harris has restored some hope for Democrats in November, the likelihood of a Trump presidency still remains very strong. And if that happens, Australia may find itself more damaged than any other major country.

Seven years ago during Trump’s first term, Rabobank economist Michael Every gave a presentation at a conference in Canberra that freaked the audience out. He investigated how bad things could get if Trump began a serious trade war. The worst case did not eventuate, but like a company’s bad second product, a second Trump presidency looks likely to send us down a dark path that we had avoided in his first attempt.

Before we get to the economy, we should note some other important issues. Last Sunday was the hottest day on record for the planet. It came off the back of June being the hottest June on record – making it 13 months in a row of records being set:

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So quickly is the world warming that what used to be considered hot now looks positively chilly:

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The 12 months to June 2010 were a record 1C above the 1880-1909 average – it hasn’t been that cool now for nearly a decade.

A Trump presidency would almost certainly ensure this keeps rising. During his deranged Republican National Convention speech, one of his biggest cheers came when he used the old line of “drill, baby, drill” (a line the Albanese government agrees with, given it keeps opening up new gas........

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