I would say it mostly has to do with Trump's bad moves towards China in the Trade War. It was a complete miscalculation on his part. Because China is giving him the finger by not even answering the phone regarding any negotiations.
There are other reasons also caused by Trump. Because he reduced the unemployment to 3.7% (which is a good thing for Employees because they will make more per hour now and have better benefits). But, is a bad thing for corporations because it means they have to pay employees more because there are less of them available for hire which causes inflation which causes the fed to raise interest rates which causes the investors to move out of the stock market and into Tax Free Muni Bonds and other investments which causes money to expand companies to become more expensive to borrow because the interest rates had to be raised because of this whole cycle.
So, this brings us to "Another Great Recession or Depression" ? Caused by Trump by ending unemployment and starting a trade war against China?
The answer appears to be "Yes" but to be specific it is unknown when that will be?
So, it is possible that like in 2009 at some point after Christmas in 2019 we might be moving into a recession, a great recession or a Great Depression the way things presently stand. It is unknown at present.
And who can we blame for all this? Trump.
And who will most be hurt financially by all of this?
Trump's uneducated voters who believe in him even though he is lying to them.
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- The ultra-lethal drones of the future | New York Post 2014 article
- reprint of: Drones very small to large
- most read articles from KYIV Post
- Purple Delta 7 started as a Clone of Silver's mind in "2035"
- 158,008 visits to intuitivefred888
- Hope Hicks expected to testify in Trump’s hush money trial
- Trump posts $175 million bond in New York civil fraud case as he appeals
- The Star Wanderer (This is my first experience with Chat GPT: "I asked the Sentience of Chat GPT to write in the style of Robert Heinlein who was my favorite author of my childhood"
- Analysis Expanded gag order lays down the law as Trump returns to the campaign trail
- Judge expands gag order in Trump hush money case to include family members of court
No comments:
Post a Comment