Friday, January 26, 2018

"Good News: It's 1987 All Over Again"

ZH: This Is 1987 Deja Vu

"Rising bond yields. Full employment.  Fed tightening. Trade frictions. Weak dollar. Rising twin deficits, spurred by tax reform"

What Trump represents is forty years of failed economic policy, taken to level '11'. But don't take my word for it:

"Davos is a conversation about how to get the poor to be rich," Cramer said on "Squawk on the Street," shortly after the president's "America First" speech in Davos, Switzerland.

Trump spoke "about how to get the rich to be even richer and therefore the poor will do better. Kind of a worldwide trickle down"

He's a real man of the people that Donny

There's only one known cure for an Idiocracy:

Maintain status quo

Try it, see what happens

Because these are not bright people

"Some haunting third grade math"

2018 - 31 = 1987