RE: Steemit Exclusive: Why I Currently Believe Trump Will Win in 2020
I think all this will change at some point. I do agree with everything you say on your stream, but I feel there is another factor that you may not take into consideration. I listen to economist named Peter Schiff. I absolutely love what he has to say. Smart guy, but he has a very dismal outlook on the economy, and doesn't have the best of opinion of Trump, Obama, or any other recent president for that matter. He talks a lot about a coming collapse in the economy becoming more and more urgently needed as we continue to debase our currency, and push ourselves into a corner. When we become unable to sell our debt to foreign nations, the FED will have to pick up the slack. He points out what happens when those mature and the FED and the Treasury are competing to both sell bonds. Exploding interests rates, and an American people that are shocked and surprised, and in my opinion, blamed on Trump. This happening during Trump's term IMHO paves the way for a socialist to enter office quite easily.
This is not an impossible scenario, I hope it doesn't happen like that. Right now, many people are on a 'Trump high', especially next tax season when the returns are going to be big. Money is always a huge motivator. It's likely that the economy will continue to improve for a few years, which will put the FED in more and more of a pinch. They may get desperate and initiate another depression, like they did back in th '30's, hoping to get another FDR (socialist) type in office, like you said.
For now, we are seeing the backlash of 8 years of Obama and it looks as if even the Democrats have determined someone among them is going to have to be the scapegoat. They're already putting Comey under the bus, who will be next? When the swamp is drained, we're going to find a lot of bodies. Not political enemies, but children. That is when the outrage will really begin. We're already finding out that political corruption is not just the mismanagement of money, but very wicked immoral criminal behavior that will be shocking to the average American. This is happening in both parties, but one of the hubs is the Clinton Foundation.
I'm shocked that the "Schiff" scenario hasn't already happened. I don't know how long the current situation can be maintained. @ironshield