The MAGA saviour has done everything "right" for implosion. I give him an A+ on the Bernie Madoff scale. The grand finale will be cataclysmic:
1) Collapse Chinese economy via trade war
2) Raise global interest rates via fiscal "reflation"
3) Explode budget and trade deficits to non-wartime record wides
4) Plunder healthcare to fund tax cuts
5) De-regulate Wall Street
4) Plunder healthcare to fund tax cuts
5) De-regulate Wall Street
6) Sponsor record stock buyback mania
7) Drive wealth inequality to 1929 levels via tax cut for the rich
8) Pull middle class tax 2019 refunds into 2018 to buy the election
8) Pull middle class tax 2019 refunds into 2018 to buy the election
9) Implode auto sector via steel tariffs
10) Implode housing market via higher cost of capital and lumber tariffs
But it's Trump's abdication of environmental responsibility that will be the nail in the coffin:
"Since my very first day in office, I have been moving at record pace to cancel these (environmental) regulations and to eliminate the barriers to domestic energy production, like never before"
Fast forward to yesterday:
"U.S. crude output is accelerating, highlighting OPEC’s dilemma as the cartel reins in its own production to revive prices."
The latest short-term energy outlook “puts the nation on track to set a new production record for a third consecutive year,”
EIA believes strong growth in global oil production will put downward pressure on prices"
"It isn’t your imagination, the oil market and the stock market have been moving together to an uncanny degree amid twin selloffs that sent both down sharply since their October highs."
"the correlation intensified in December, hitting “a very high level” of 89.72%"
#Winning!!!
