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Tue Feb 6, 2018, 04:25 PM

A former Trump economic adviser is now predicting doom: 'This thing is going to implode'





https://www.rawstory.com/2018/02/former-trump-economic-adviser-now-predicting-financial-doom-thing-going-implode/

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Reply A former Trump economic adviser is now predicting doom: 'This thing is going to implode' (Original post)
DonViejo Feb 2018 OP
Iliyah Feb 2018 #1
hibbing Feb 2018 #2
louis-t Feb 2018 #3
disalitervisum Feb 2018 #4
rwsanders Feb 2018 #5

Response to DonViejo (Original post)

Tue Feb 6, 2018, 04:30 PM

1. Mr. Soros already predicted that months back . . .

Wall Street unregulated, what could go wrong huh.

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Response to DonViejo (Original post)

Tue Feb 6, 2018, 05:20 PM

2. Probably implode when I want to retire n/t

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Response to DonViejo (Original post)

Tue Feb 6, 2018, 05:30 PM

3. Whenever repugs are in control, that's what happens.

Their shitty ideology just keeps fucking things up. They will never learn. And their fans will never learn, no matter how much they get hurt this time. they'll do it again next time, too.

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Response to DonViejo (Original post)

Tue Feb 6, 2018, 06:07 PM

4. Well that's the thing, isn't it

Neoliberal economic policies have lead to these crashes worldwide without fail since 1973. And how many so-called conservatives lost their jobs and homes and everything else along with the rest of us in the Great Recession? You can't persuade these people that the economic policies they support are detrimental to them, because all they see is that society's poor and needy no longer get any help from them, and that makes them warm and fuzzy all over. How dare a homeless person be fed by some small percentage of everyone's income? Let the unfortunate among us starve for a while and they will learn to be self-sufficient. That is the core philosophy of Libertarianism. And never forget that the deluded middle-class supporters of this fuck-you economic program fervently believe that they will someday get a piece of that glorious wealth pie, if only they stay the course.

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Response to DonViejo (Original post)

Tue Feb 6, 2018, 11:53 PM

5. And don't forget that Wall Street will be betting heavily on the crash and many will walk away with

more not less. During the last round, I read something and curse me for never filing sources, that said they engineer this type of thing. Boost stock prices so the little guy buys in, bet on the fall and crash the economy. A win/win for the billionaires.
There was an example recently were some of those sociopaths shut down a company rather than pay a raise. They felt they could do more with investing (or stashing overseas) than keeping the company open.
Vulture capitalism that is no longer connected to markets or the buying and selling of goods.
The one thing the billionaires still crave is the "royalty" label. So let's bundle them up, ship them to Europe, give 'em a tin crown and a piece of parchment with a title on it and let's be done with them.

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