I haven't posted in a while because everything looks great. The stock market keeps booming, and the economy is creating lots of jobs. However, it won't be long until everything comes crashing down.
Step 1: The debt crisis. Congress won't have a budget and debt agreement before October 1, and so the government will shut down for a little while. Ordinarily, this wouldn't be any big thing as it has happened several times before, most recently in 2013. Within a couple of weeks, an agreement will be hammered out, and everything will be back to normal. But not before forces set in motion ...
Step 2: A stock market crash. David Stockman thinks there could be a 40% crash this fall. I think that this won't be the big crash, just a way overdue correction of 5-10%, which with the Dow at 22,000 means 1100 to 2200. With Amazon trading at 20 million times earnings (I just made that up), just a little whiff of panic will cause it to implode. This will lead to ...
Step 3: A coup d'etat against President Trump sometime in the Spring of 2018. It will be a revolt against Trump by his own party, where unfortunately he doesn't have any friends. Trump has really pissed off the Deep State and it is fighting back. The clueless libs think that his removal will fix everything. However, it won't stop ....
Step 4: A fullblown constitutional crisis and possible civil war. Don't underestimate the power of the American people. Quote: I expect Trump to be escorted to the South Lawn for his final trip aboard the Richard Nixon memorial helicopter. What is different this time, however, is that America is in no shape to weather the ensuing storm. (https://dailyreckoning.com/trump-another-nixon/)
I hope none of this happens. I hope the debt crisis gets quickly solved, I hope the stock market keeps going up forever, I hope Trump has a good 8 years, and I hope the Deep State doesn't try to take control. However, this is the most likely scenario.
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