Wednesday, January 18, 2017 7:40:55 AM
"Trump could go down as the worst President...(but it will not be his fault.)
The article compares Trump and his policies with Herbert Hoover and what happened to him when he won the Presidency in 1929. The situation Trump is coming into now is almost EXACTLY the same as what Hoover inherited back then. Trump's advocating many of the same policies Hoover was then. It's so identical it's scary, in fact this definitely looks like a history repeating itself moment to me. Seven months after Hoover took office in 1929 was when the stock market crashed ushering in the Great Depression.
Hoover's Presidency bought the G.D., even though then as is now the stock market bubble was caused by the Fed easy-money policies for too long and them raising rates too quickly. What happened then and could happen now has amazing similarities.
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