Donald Trump is being set up to take the blame for the next economic downturn, and he’s walking right into it by taking credit for the stock bubble and calling for more quantitative easing.
And I guess that makes sense for a real estate guy whose company’s net worth is a factor of credit availability. After all, most real estate transactions are funded with credit.
I can’t claim to know his reasoning but his calls for more QE (read: bank bailouts) seem short sighted. He’s obviously not going to be removed from office via impeachment and so a planned economic crisis is going to be the only way to defeat him electorally. If he is seen as bailing out Wall Street, his defeat will be guaranteed.
We’re also going to be discussing mass migration and the Gullah Geechee people. Spoiler alert! You can never be one of them.
This is EPISODE 329 of So to Speak w/ Jared Howe!