Elizabeth Warren for president and the coming market crash – September 25, 2019
There’s the political Left and then there’s the political Right, and then there are the people who stay right in the middle for their own reasons. Economics is a boring subject, but once you comprehend it you see the world in an entirely new light. In the end, the better salesperson rules the day, prior to money you’d earn your value via bartering. So let’s say a particular individual was born into wealth and I wasn’t, however, I had ambitions of my own to be wealthy, but I had nothing to offer except for my labor, which country would I prefer to live in a free-market capitalist country where I could start from nothing and become wealthy or a socialist country here the Government micro-manages everything for everybody?
Well, despite the answer that many of you Right-wingers will give, Left-wingers will typically choose perceived security over freedom. When Hitler took over Germany it’s important to remember the atmosphere, the atmosphere when Hitler took over Germany was similar to the atmosphere during the dying days of the Roman empire. Somehow society reached a point in which people wanted easy answers, the government had granted people easy answers in the past so the people assumed an easy answer would quickly solve their problems again. Hitler was an easy answer to a hyper-inflation problem that Germany suffered because of socialism.
Fascism is national socialism, the reality is socialism exists in many forms and there’s a demand for socialism, why wouldn’t there be? A large portion of humans are lazy, building and maintaining a society is hard-work and if people can use the government to pass the heavy lifting onto someone else, why shouldn’t they? Even employees have labor unions and a lot of labor unions lobby the government for welfare.
So when you combine all of this with fractional reserve banking, central banking and artificially low-interest rates and the market hasn’t crashed as it should have, of course, calls for socialism are going to grow larger and larger. Economics is a boring subject and if people assume that all the government has to do is print more money and viola problem solved and there’s no market correction well, the rise of socialism is inevitable.
Well, it appears both the political Left and the Political Right don’t seem to know what’s coming down the pike. Personally I think Donald Trump will beat Elizabeth Warren, but if you think for a second Donald Trump is winning the popular vote? You’re 100% wrong, this is going to be one of the closest elections in U.S history. This is going to be a barn burner presidential race in which if Elizabeth Warren wins the economic crash will almost be immediate.
Why the Market hasn’t Crashed Under Donald Trump
The market is waiting for Donald Trump’s second term in office to pull the plug, even Donald Trump knows this, this isn’t a secret, debt renegotiations, bankruptcy courts, financial reforms, you name it, it’s going to happen, it’s going to be ugly when Trump wins his second term. The reason the market hasn’t crashed under Trump is because of the stimulus Trump gave mainly via his cutting of regulations. Now, in case you haven’t been paying attention Labor unions like GM as an example, we’re the main causes of the financial disasters we’re experiencing today.
I worked for 40 years and I expect the Government to take care of me. This type of thinking hasn’t gone away and it’s these unionized income-tax-payers fueling the Welfare State. People who live off of the government aren’t really important in the grand scheme of things, it’s the working middle class that’s the problem, their greed is why the world has a welfare state and it’s their greed why the coming crash is inevitable. Baby-Boomers are retiring and their replacements are already indebted and have to finance the retirements of the baby-boomers who will be withdrawing money from the stock market.
Now, Labour Unions don’t allow deflation of wages, the free market, the market, in general, is game of price fluctuations, price fluctuations include wage fluctuations. Silly laws like minimum wages and rent controls prevent proper price fluctuations as well as innovations that would lower the cost of living. Airbnb lowered hotel prices and the first thing that some people want to do is regulate it, there’s, of course, an assumption by the leftists that Minimum wages and rent controls have no negative effects, but in a free market economy price fixing via the government causes unexpected events to occur. Uber wouldn’t exist if Taxi cabs didn’t use the Government to stifle competition. The whole theory behind Christianity is being led by faith, not by Government edict.
Leftists want security from government, Christians real Christians find their security in Christ and in the relationships they foster in the course of their lives. People forget America is a Christian nation and volunteerism and cheerful giving is a huge portion of what makes America great. Government welfare is FORCED income redistribution. What’s the big deal you say? Well, dear reader people from all around the world are volunteering to prop up the U.S Dollar because there’s an expectation that the end goal is a Free-Market capitalism system, that enriches all of us.
Have people seen American blacks and compared their standard of living to African Blacks, now, if you simplied removed negativity from the minds of many black people, they’d see how lucky they are in comparison to blacks in other countries. But you see poverty exists in the mind, so even when God is blessing you, you won’t see God’s blessings, instead, you’ll see everything wrong with White people or people who are doing economically better than you.
When Obama took office, do people know why the economy crashed so soon into his presidency? Obama was a SOCIALIST Yes, Clinton and Bush destroyed the U.S economy, but when Obama took over, the market knew it was game over, however, Obama had one thing working for him, he was the first black president. So, when interest rates were lowered to 0% and free hush money was given out to investors people shut up, Obama made a whole lot of rich people even richer, President Obama gave Iran 150 Billion Dollars CASH! That money was hush money, the entire Obama presidency was basically bribery, it was such blatant bribery that people got used to it. Clinton got rich, Biden got rich the entire Democrat establishment got rich.
Now, in case you haven’t notice Elizabeth Warren isn’t black, but she is a woman, however, she’d be walking into a financial situation in which Trump at the very least appeased the market. The Elizabeth Warren platform is entirely based on reversing almost everything Trump has done. This will trigger an immediate market crash, very similar to when Obama became president. In fact, this will be a market strategy to make sure she’s a 1 termer. If you like welfare, the reality is Trump’s your guy. By almost every metric Trump isn’t even a real Republican, in the 1990s with Trump’s current policies he could very easily have been a Democrat.
But you see since Obama the Democrat Party has gone so far Left that I genuinely don’t think they understand. I remember being mad at someone and allowing my emotions to cloud my better judgment. As long as someone beats the person I’m mad at I’ll be happy I said to myself at the time. That’s the mood I gather from Democrats towards Trump. So for Democrat supporters, they won’t see Elizabeth Warren the way the markets will view her. Elizabeth Warren is the perfect scapegoat, however, Donald Trump is better suited to handle a market crash. Donald Trump has been in bankruptcy court, yes America you’re bankrupt and subconsciously you hired the President best suited to get you out of this mess.
But, the road to bankruptcy court will be an interesting one, I have Trump winning in a very close election, but let’s say I’m wrong, well if I’m wrong and Elizabeth Warren becomes president it’s Obama all over again. Now, it should be noted in the modern era, that there is no Mainstreet market crash, what I’m writing about is a Wall Street Market crash. If you need debt or government welfare to survive Elizabeth Warren will screw you over.
Once the market says ‘NO MAS’ to the Federal Reserve that means interest rates SHOOT UP and the talks become debt renegotiations. Donald Trump has been screaming at Jerome Powell for a reason, do you really think the Federal Reserve will have any respect for Elizabeth Warren and her socialist policies? There’s no winning for the Federal Reserve if Elizabeth Warren becomes president, the market is going to have it’s attention squarely on the Federal Reserve to keep Elizabeth Warren inline.
Sure, the Fed can go negative but on MainStreet, negative interest rates equate to more inflation for consumers, if Elizabeth Warren is president you have to remember that her socialism is expensive, socialism isn’t free, if you’re a socialist fine, but understand it’s not free and socialism at best is the Post Office and the DMV. That’s what it looks like. Unionized government workers don’t have to be nice to you. Sure you’ll meet that nice public servant every once in a while, but they don’t have to be nice, they’re unionized and they work for the government, what are you going to do if a government worker doesn’t act in a manner you don’t like? You’re going to do NOTHING! because you won’t have any other options.
It’s always important to remember that socialism is supposed to be a sign of prosperity. Socialism is the cherry on top, you can’t build a society based on socialism, socialism is expensive to manage, managers of finances in the private sector have a legal fiduciary duty to their clients and when Elizabeth Warren starts her socialism nonsense, she’s upsetting the apple cart and putting fund managers responsible for Baby-boomer retirements on the hook for her agenda.
This again is why Obama had to bail out the banks. When you change America, you have to remember the people who were holding it together, if they’re not going to be compensated for the risk they were taking, they’re going to sideline their money or change the buying, investing and savings patterns.
At the very least right now under Trump, there are corporate buybacks which are causing price inflation. Based on the Elizabeth Warren platform, the rich are going to punished for making a profit. I hope you can see the crash that Elizabeth Warren will cause if she becomes President. Libertarians see it and I advise you to listen to David Stockman has he’s the person that has the ability to simplify the complex. If you watch the video below, notice how the host is unable to comprehend what angle David Stockman is coming from. Bipartisan will throw you off if you view the world purely from a political lens. David Stockman is economists, he sees the numbers CLEARLY, he’s not a Trump supporter is not an Elizabeth Warren supporter he’s attempting sound the warning bells, but as you’ll notice most people can’t see the economic disaster heading our way.
interesting times ahead