Mr. Trump Addresses U.S. Finances; Why None Else?

Financial CrisisMr. Trump, continuing his publicity for forbidden subjects, predicted an oncoming financial collapse. As with Trump’s views of immigration, this runs counter to the Establishment doctrine of recovery. But it too resonates with ordinary folk, who decline to be as stupid as too many of our leaders wish to imagine. By now, the only folk who appear not to see an oncoming financial debacle are in Congress and the White house. Or running for the Presidency, of course.

When all the passengers on the bus are screaming: “Stop!” and the driver alone sees a need to step on the gas is not a good time to relax.

Mr. Trump is shooting for some eleven months out; he will look pretty silly under a bounding real economic recovery between then and now. So he likely has good reason to publish his warning. Nearly everyone not running for President or running the economy, already has warned us. To us, his is the way to bet. That is a service not yet offered by his competition, perhaps because so many of them have been involved in it..

Still, while Mr. Trump has warned us that we are standing on the tracks with a train coming, he has yet to tell us what we should do abut it, other than electing him, of course. But he has not explained how electing him will address his predicted financial crash. Well, he is a politician after all, now at least. We should perhaps, not expect too much. He has offered more than his competition.

We imagine that he is reluctant to dwell upon that reality because working out the accumulated debt and losses of asset value will impoverish too many of us and require too long for us to tolerate if we were told of it. In that, he is likely correct.  We have not, after all, generally selected politicians who presented us with reality.

So while Mr. Trump deserves credit for pointing to the waterfall that our ship of state is about to go over, even he has not distributed any life preservers. Probably, because there are none at this stage. Hold your (financial) breath!



About Jack Curtis

Suspicious of government, doubtful of economics, fond of figure skating (but the off-ice part, not so much) Couple of degrees in government, a few medals in figure skating; just reading and suspicion for economics ...
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