Long-time readers will recall that I have said this year or next year would see a global recession/depression. The systemic problems that caused the crash of 2008+ were never fixed and more bubbles were blown, and it looked to me like this would be the year of the popping bubble.
Hold on there.
I was expecting a typical politician to be our next President. Things would be done the same-old same-old way, and structural problems would be left untouched again. But here’s this guy now in office, blowing up the paradigm of how a President acts. So allow me to revise my previous prediction: 2017 or 2018 will see a global crash* but the USA might actually escape. Possibly, even with +3%GDP growth or more the whole time. Because Trump. His leadership and example of fearlessness in discourse may be what it takes to right our ship whilst the others all sink.
Be sure to remember you read it here first, when the global depression is blamed (by the global leftist elites and their buddies in the press) on bad ol’ USA and Don Trump in particular, and the systemic problems are still not fixed after this upcoming recession. I hope I’m wrong and that lessons will be properly learned, but that wouldn’t rhyme with history.
*Australia’s housing market, and Canada’s in particular, are not looking great even right now