Full Title:Elizabeth Warren just issued a stark warning around a ‘coming economic crash’ — and outlined a plan to avoid it
I think she’s probably right about this. It’s unavoidable. The question is, can it be staved off until after the election.
Trump is great, but even he can’t fix the economic disaster bubbling below the surface for the last several decades. It’s why even he had to drastically increase the national debt to keep it from collapsing.
Ultimately, we’ll be forced to go through massive price inflation to monetize the debt. Either that or total collapse, which I don’t see as politically viable.
I remember thinking that $8,000 was an absurd amount of money to pay for a brand new car (1980 Buick Skylark). Now it seems cheap. I suspect that $80,000 will seem cheap in another decade or so.
But it’s not about trump. It’s about the damage that was being done for decades before he was elected.
” and outlined a plan” to assure it will happen.