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Monday, June 1, 2020
Everything has changed... forever
Trump was supposed to change everything. He was the candidate who could tap into white anger. Now he is the president who has made Anger into the fabric that defines American life. Everything has changed..
With an unemployment rate of 22 percent, and an underemployment rate near 30 percent, and a 7 trillion dollar bailout package aimed nearly exclusively at the largest Banks, Corporations and Hedge Funds, it is tough to see how working people become less angry.
Rates are at ZERO so working people get no return on their bank accounts, while the Stock Market soars. The fact is that while pundits will say that working people have their retirement and pensions accounts tied to the markets the truth is most of their pension funds have long since gone broke, and most have tapped out their retirement accounts long ago to make rent and feed their families. So working people are angry. And since Trump's one great talent is to tap into and st6ke the anger of older white people with little or no education it's a safe bet his response will be to ratchet up the anger on his side. Which will only ratchet up the anger on the other side.
All as the economy slides into hopeless depression.
If you don't have a little gold, you might want to get some.
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