- Wed Sep 18, 2019 11:26 am
#119291
No, silly, the economy ISN'T doing great right now. The only thing keeping it afloat is consumer spending. Manufacturing is down, corporate capital investment is down, exports are down, bond yields are upside down, oil markets are volatile, even job growth is sluggish.
When consumers wake up and realize they aren't going to get a raise or a bonus this year, they'll start to cut back. Or when they realize that Trump is about to take us into another oil war in the Mid-East after promising he wouldn't, and after he failed to get us out of Afghanistan as he promised, people will start to get jittery. They will realize Trump was played by Kim, played by the Chinese, played by the Afghans, played bu Netanyahu, that he has no knowledgeable Cabinet we can trust (as Mattis quitting and Trump's Sunday Tweet (contradicting not just himself but also Pompeo and Mnuchin) showed us) and they will stop spending.
Then we are all in trouble. Yes, silly, I said "DUPED"