Funny mention of Government spending, like the strong fiscal responsible Republican's in the past? What they mean by that is the Robber barons should maintain a healthier share of their wealth. Tax cuts for the super wealthy was what they passed easily. Getting rid of the IRS is what they passed easily. See a theme here? NO, just look at the Republican Supreme Court Judges. Still don't see a theme? The latest is that Trump will run with DeSantis. To be clear here i stated a long while ago that economic, political, and social mores will crash at the same time.
If this situation isn't really bad already where do we go from here? As sure as i was that a Pandemic would cause a crash, transitory was a joke and INFLATION will cause bubbles to burst (and it has), i am just as sure the GOP will push the default on debt beyond the limit. How do i know this? They are LOSING! It has been proven that they will do anything to win.
Picture Trump and DeSantis as King and Queen? Imagine 4 indictments and a rape case defamation settlement in the process. How can you try a case when he is president again? Only Hollywood writers can think of such a bizarre situation.
What I am trying to say is that this country is already F'ed. So stop worrying about the silly stock market and if tomorrow we rise or fall. It is an easy call. Like trying to decide if a Pandemic will cause havoc. In truth it will but timing it is a harder task.
This was day FIVE of the slide. Usually we have multiple days ahead that should have a counter move. It also shows similarities to the last wave down which was not very deep. So unless we accelerate the days moves down it seems unlikely we have that crash here. Tomorrow has to hold up for my assumption to hold true. I have switched my CRASH here to one of doubt. One of leaning NOW towards a normal smaller wave down and possible last wave up. May might become JUNE/JULY demise.
Latest news breaking today: Ted Cruz admitted in a statement he planned the coup plot BEFORE January 6th. he had to since they had him on off the air remarks at FOX. A sitting Senator admitted to planning the overthrow of this govenwemnt? In NORMAL TIMES he would be sanctioned and thrown off his seat. Today he is praised.