Democratic presidential candidate Sen. Elizabeth Warren Ideal For Stock Market Crash = her new bankruptcy plan – January 8, 2020
So let’s set record straight on a few things when the stock markets crashed the last time due to the housing market debacle, it really wasn’t that big of a deal, what made it a big deal was what Barack Obama and the Federal Reserve did in response to the housing crash of 2007-2008. If people remember Barack Obama gave welfare to the banks and large corporations and the term “Too Big to Fail” became a popular trend which eventually led to the Occupy Wall Street, where if that had been a Republican President he/she probably would have been impeached, for using public funds to bail out private industries.
Now, for any person with a bit of common sense, it would have been obvious that not only was Barack Obama a Socialist, he was also engaging in Fascism. After all, Barack did bailout banks owned and control by some of the richest WHITE men in the world. But for the most part, the American people were silent because Barack Obama was half Black and Half White and let’s be honest most Americans know little to nothing about economics. So a crash that should have been a year-long ended but consuming 6+ years of economic stagnation, actually, the Obama recession still hasn’t ended, because, under Trump, interest rates have been allowed to appreciate to market valuations.
He who owns the gold makes the rules
In typically socialist fashion, Democrats assume that cash won’t flow in other directions, in the event the government passes a law that makes it easier for consumers to declare bankruptcy. The people with the money can simply stop lending to risky borrowers or they can raise the fees or their regulations associated with their lending practices. This move by Elizabeth Warren wold actually make these companies richer, furthermore, more and more companies might get involved in bankruptcy-related businesses because after all, even bankruptcy is a business and the thing about bankruptcy is that it invite a host of new parasites who will find ways to profit from it.
Nw, personally, I think the moment news spreads the Elizabeth Warren could be the President of the United States the markets will crash. You may not like Trump but he’s been a stabilizer for the economy, and somehow he’s managed to con people into believing that low-interest rates are a good thing.
Yes, low-interest rates are a good thing if you know what you’re doing with the money. Based on Elizabeth Warren’s plans for the U.S economy, investors are going to price her economic plans into the stock market and I don’t think an economic downturn are the correct words to use when it comes to Elizabeth Warren or Bernie Sanders. An economic crash is more than likely and what would be so painful about an economic crash under Elizabeth Warren is how she would likely respond to it. She might do the same thing, Barack Obama did.
Barack Obama didn’t believe in the Free Market, he believed that established industries should be saved, so Obama saved them, there are a lot of Companies and U.S Stocks which are over-leveraged, as Warren comes into office, she is going to reintroduce a host of regulations to the economy as well as job-killing actions to grow the public sector. Now, he main driver of the Trump economy are the regulations he’s cut, if the Democrats, namely a socialist Democrat reintroduces many of the regulations Donald Trump cut, we are talking about a massive economic crash and potentially an economic collapse on our hands.
Now, because there is so much money sloshing around, the rich and the upper-middle classes will be fine, the problem will be the poor because remember, Socialism is expensive. If you like Socialism consider visiting Canada sometime and notice how expensive it is to live there. Yes, socialism has initial erks when it’s first implemented, but the stock market is based on the long-term outlook for the economy.
Public sector unions, public sector inefficiencies, public sector entitlements, non-market-based public sector prices all have to get priced into the markets before the market can realize if there are any profits to be made. Oh yea, by the way, retirements are reliant on gains from the stock market. If you’re communist or a socialist, understand that if there’s no profit to be made, it’s unlikely that anyone is going to take care of your parents or grandparents.
Doctors, nurses medical professionals want to profit for their time. Sure in theory socialism sounds nice, but there is no way in hell, I’m going to spend hours of my life washing and cleaning someone’s ass if the cost of living is consuming most of my money. Making matters worse is in the event of an Elizabeth Warren Presidency, the U.S dollar might start to decline which might force the hand of the Federal Reserve to raise interest rates.
When you make it easier to declare bankruptcy and put the blame on the Lender, well then those Lenders might stop lending, which would be devastating if the cost to borrow money starts rising. Understand that there is a breaking point in which the market simply starts to ignore the Federal Reserve, not only are we in a world of competing currencies, but bartering is still an option, Gold is still an option and Bitcoin is still an option. Now, bartering is typically the way how sophisticated investors tend to get around the financial system.
Trading assets for assets wit minimal exposure to the U.S dollar is normal for many of us, fewer activities in the U.S dollar has negative consequences which quite frankly I can’t even conceive right now, these consequences introduce a hos of unimaginable problems, that will hurt the poor. Anyway, vote for Elizabeth Warren if you want too.
Warren’s new bankruptcy plan could spark a clash with Biden | nytimes.com
Warren’s plan to strip down 2005 bankruptcy bill sets up new clash with Biden | cnn.com
Interesting times ahead!
