Loading ...I think its predicting a crashing global economy. Lets face it. The stock market was rolling over way back in 2015 after a long good run from 2008. In my view the three good years after Trump started campaigning in mid 2015 weren’t “natural” or “actual” good years. It was all “heroics” or “panic” by Fed Banker’s low rates, and gov’t in panic mode dropping regulations and dropping taxes hard and fast. And lets lot forget all the positive views in speeches from Trump to help.
Did you ever go crabbing, with bait on a string? You get one or two on the bait, and you gently inch them in closer to the boat so you can net them. But half way in, they let go. You “panic” pull the bait in real fast so you can throw it back out past them while they are still near by, and hope you get another chance to catch them. That what the Fed the US Gov’t and Trump did starting in mid 2015. After 8 years was wasted ’08 to ’16 during Obama. Too little too slow.
This virus thing, is teaching the world about the negative side effects of a integrated global economy. Definitely a lot of wild cards in this 60 year old embezzled USA and needing artificial life support to function, economy. The global commune, and a world that lives as one is all sick and failing. I hope John Lenin and Yoko Ono realize what a dumb as a stump idea it was. I’m sure it looked good “on paper” and sounded perfect emotionally, but not practical long term, and here we are finally in that long term.
Natural forces are trying to work, and the whole mess is in a transition from artificial to natural. BREXIT for example. Basically they created a hollow shell World Trade Center type of an economy that became vulnerable, not built to 1910 standards.