Stannis wrote:br7knicks wrote:A lot of your paragraphs are concerning - not you, but people you know who are voting Trump because of their money.
His first few years, I didn't mind his economic policies. But after listening to economic expert, Peter Schiff, on Rogan, he brought up how Trump is doing nothing but continuing a lot of Obama's increase of the bubble that's going to pop eventually.
Which sucks because the economy was looking good under trump, and people will associate that to him. But according to a lot of economic experts (beyond just Schiff), trump isn't helping a lot of the horrible economy that Obama created, he's merely prolonging the bubble bursting - but he will go down, unfortunately in the history books, as a savior of the economy.
Prior to the virus outbreak, I don't think his spending and destroying of the economy was as bad as Obama, but it's absolutely plausible, now, that he's overspending the previous administration.
I agree that the politicians should've looked more into pumping money into the people, and not the upper class and resources was a huge mistake. We still haven't gotten closer to the second stimulus, but that's not surprising.
You think Peter Sciff is legit? I've tried to listen to him, but he's been predicting a market crash since like 2011. I know a predicted the housing crisis, but a broken clock is right twice a day.
And I can't get past that he keeps pushing gold, but sells gold for a living. No biased there...
Theoretically, the market is always a "bubble" in a bull run.
I'm not a huge fan, but I enjoyed listening to him on Rogan. Im definitely suspect of him, because he's all in with the gold thing, and he runs a company that's all about investing in gold. I may be wrong, but aren't the people who push gold usually conspiracy theory crackpots - Ron Swanson from parks and rec.
While he is suspect, I'd trust someone like him more than a politician, albeit not a lot more trust. To me, he has to have an ulterior motive as well, ie his gold business.
Yeah, the market is always in that bear or bull state, but he was making a lot more sense than any other politician as to why trump is hurting the economy more than helping, in the long run.
That's why I wanted Cuban, and now Yang, to be at least financial advisors to whoever is president, because I feel they'd have the majority of the citizens (lower and middle class) and their best interest versus any politician, or someone like trump.