2219
Comments (52)
sorted by:
You're viewing a single comment thread. View all comments, or full comment thread.
16
itbj2 16 points ago +16 / -0

The faster this happens the better. The economy will tank and inflation will go through the roof. I give it 18 months.

13
OccasionalCortex21 13 points ago +13 / -0

An inept demented old fool that needed an occupying army to install him into power after he cheated an election is exactly what you'd expect the last president of the United States to look like.

7
TakenusernameA 7 points ago +7 / -0

And then people will be finally uncomfortable enough.

5
itbj2 5 points ago +5 / -0

Yea, unless the left and right unites against the corruption nothing will change.

4
N7fury 4 points ago +4 / -0

I can't see a scenario where we don't have stagflation. Anyone familiar with the modified Phillip's curve knows the wage setting will directly affect unemployment. So, wage hikes will drive up input prices and unemployment. Manufacturing will start to offshore again due to the increase in corporate taxes also leading to losses of jobs. Just basic economics. Everything will benefit China since Joe is a China plant.

5
itbj2 5 points ago +5 / -0

Make sure you have your money in hard assets. That way you can get through the hats times.

2
MelodicToad 2 points ago +2 / -0

I gave a lot of money to some hard asses. They're earning it back plus some.

3
leakmouth [S] 3 points ago +3 / -0

Why is this good? Better to happen quickly you mean?

4
itbj2 4 points ago +4 / -0

Yea if it happens fast we can finally get more people to wake up. That will not happen if it happens slowly.