06-13-2017, 11:48 PM
I see Donald Trump as a recrudescence of the Degeneracy. (I created that word to describe the most depraved time of the 3T -- bad business as a norm, getting the blessing of corrupt or lackadaisical upper leadership. Just think of the legislation to undo Dodd-Frank... probably so that banks can do shady business.
Late in a 3T, economic bubbles are the norm. So if it isn't residential real estate this time, what could it be? Privatization of the public sector to monopolistic profiteers? I wonder what can go wrong with that? It's bad enough that many people will be priced into staying home in dreadful places due to high tolls to get from any place to another or to get anything from one place to another. Such tolls will add for all practical purposes a huge private tax on anything that we buy. If you question our competitiveness now, wait until using a rural blacktop road has a dollar-a-mile toll for a car, proceeds going to Trump cronies.
Bad business has a way of crashing and burning, the crashing and burning starting an economic meltdown that destabilizes the political order. The Civil War, the rise of Satan Incarnate in Germany, and the potential for a new Great Depression and who knows what subsequent chaos in 2008 all followed one of the worst financial panics of several decades.
Donald Trump is a disaster, a reckless and ruthless, corrupt leader devoid of political acumen. Can we expect good results?
Late in a 3T, economic bubbles are the norm. So if it isn't residential real estate this time, what could it be? Privatization of the public sector to monopolistic profiteers? I wonder what can go wrong with that? It's bad enough that many people will be priced into staying home in dreadful places due to high tolls to get from any place to another or to get anything from one place to another. Such tolls will add for all practical purposes a huge private tax on anything that we buy. If you question our competitiveness now, wait until using a rural blacktop road has a dollar-a-mile toll for a car, proceeds going to Trump cronies.
Bad business has a way of crashing and burning, the crashing and burning starting an economic meltdown that destabilizes the political order. The Civil War, the rise of Satan Incarnate in Germany, and the potential for a new Great Depression and who knows what subsequent chaos in 2008 all followed one of the worst financial panics of several decades.
Donald Trump is a disaster, a reckless and ruthless, corrupt leader devoid of political acumen. Can we expect good results?
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.