However, even at this latent juncture, the prospect of implosion remains wholly unexpected, since the predominant debate appears to be the efficacy of using trade wars to win elections.
If it's one thing this species has proven over the past decade, it's that the overwhelming compulsion of the human rat race is to do what every other fool is doing, only do it "better". Because to do anything otherwise would be "stupid".
I was just reading some crack fiction from Charles Hugh Smith on Zerohedge saying that Trump's best chance at getting elected is to let the bubble crash:
ZH: Dear Trump, Explode The Everything Bubble To Get Elected
His argument is that if the inevitable collapse takes place too close to the election, Trump won't get re-elected. He argues that coercing the Fed to prop up the casino, may be a bad idea.
Where to begin...
Did the 1929/1930 collapse and trade war help Herbert Hoover get re-elected in 1932? No. If this gambit is Trump's best hope, then CHS should join the Democratic election, because Bill Maher has been preaching this idea for two years straight. Either way, we don't have long to find out how well this re-election gambit will work.
In the desperate bid to rewrite history, apparently some people forget that Trump has been propping up the casino since he got elected. First via his fraudulent tax cut which led to the market crash in 2018, and now in 2019 via interest rate manipulation. Which is setting up the ultimate super crash.
Remember three years ago in September 2016 when Trump said "We're in a big, fat, ugly bubble?" on the verge of a crash, and the Fed is doing political things to prop it up? Welcome to the bigger, fatter, everything bubble with the Fed now doing political things to prop it up.
"U.S. President Donald Trump’s trade war with China keeps undermining the confidence of businesses and consumers, worsening the economic outlook. This manufactured disaster-in-the-making presents the Federal Reserve with a dilemma: Should it mitigate the damage by providing offsetting stimulus, or refuse to play along?"
When human history's largest con job explodes, contrary to popular belief, the con man will not be getting re-elected.