Irony of Trumps lack of humanity and refusal to denounce it has made it acceptable. The GOP embraced evil reluctantly at first but as time went on the nation has also embraced bigotry, paranoia, hatred of "others" and distrust of government. It was government that reigned in the inner beast in all of us. Now it is asking for everyone to release it and thrive because of it. ALL GOP candidates are thriving on Trump platform. The laws and restrictions placed by the legislature and Judicial branch has semblance of Hitlers reign. As usual everyone is reading this and is dismissing it from their thought process as fast as they focus on the words. If you want a true assessment on what is happening TODAY just look at the popularity and winners in political races. Look at the reason for their win. It is at a scale that has never before been seen in this country. A desperation. So many have feared the changes and seen the eventuality that whites will become a minority and lose power.
We are speeding down a 75-degree slope with no ability to even slow the momentum down. it ends at the Grand Canyon cliffs. If religious or not the end result will be the same even if we have different labels, I believe the litmus test for our demise is based on a 51 to 49% leaning. I expect it will be much wider than that at the polls. I am not sure if we thrive on psychedelic ether in the air till then or not.
I am NOW inclined to believe the market will fall off that cliff as steeply and quickly as our political agenda. Big difference is we will SEE IT COMING! The Pandemic was exposed for easy interpretation if you were inclined to open your eyes. Not sure which comes first. Do we really need to see TRUMP win easily first? Or, is the current laws, change in legislation, dictatorial rule in states, multiple clowns winning their county, city, state seats enough to start the crash?
I am on the fence trying to decide when the mushroom cloud engulfs us. I will try to be clinical about it. I have some momentum peaks in Bitcoin and bond yields. Maybe we get lucky, and they hit at the exact moment of our turning point.
Market has been frantic, obsessed on one theme for a full year now. RATE CUTS! They have been WRONG to date thinking it would already cause a deep recession. Even NOW that they know with certainty these current rates will NOT put us in a downturn they are STILL obsessed with cuts. WHY? I know why. I gave my reasons for years. It will be tested. Stagflation is the most likely scenario but that only labels the economic engines weakness or strength. it does NOT measure the tipping point where debt and creditors diverge. That spilt will be seen as yields mysteriously rise against a backdrop of tame inflation. No longer is it worried how high rates will go but rather how long it stays this high.
We have hit critical mass even at these puny yields, but I suspect it spikes much higher quickly and perhaps right at the end of this party.
