Financial Crash of 2020-Why Disaster’s Unavoidable, Why It’ll Be Trump’s Fault, How to Prepare.

It's almost past time to start preparing for the huge financial crisis that is headed our way next year!

A serious financial crash is headed America’s way in 2020, and make no mistake. We have absolutely got to get ready. It is unavoidable, and it is likely to get very nasty. Our illegitimate president is not telling the truth about it, and the people of the country are not prepared. That is only to be expected. We are told daily how well everything is going, how well Trump is doing handling the economy. This lie is crueler than most he tells because it is having the effect of leading many of us right to the slaughter.

As Ben Bernanke, former chairman of the Federal Finance Board, recently said, “In 2020, Wile E. Coyote is going to run off the cliff- and look down.”

The president will not help prepare us for the upcoming disaster; so be it. We expect no less. We’ll just do what we do about everything else. Raise awareness, and get ready.

A financial collapse brings many a curse along with it, but one of the worst is that it doesn’t abide by a timeline. During the #TrumpShutdown, for instance, people suffered all manner of crises. The country permanently lost five billion dollars. But while it was very destructive (and unnecessary), it was also short. Many collapses are even shorter, their duration measuring for days rather than weeks. This allows recovery efforts to commence almost immediately. Economic downturns, however, are unmeasurable in length. For most the hit they take will be felt for a minimum of a year, with the aftereffects resonating for several years as a nation recovers.

Sane people will find it impossible to repress a shiver to think what could have happened if he’d kept it up for months.

During an economic collapse, there are symptoms that affect large companies and industries, with very visible signs, felt in the family home. Symptoms of collapse are manifold and include such pleasant sides of life as high bankruptcy rates, widespread unemployment, hyperinflation, a spike in death rates (attributable to depression or other financial causes), social collapse and a high increase in crime.

This is all bad enough by itself. When you take into account that our leadership is not only unwilling and unable to provide the people any relief but actively lying to the nation’s populace so as to swindle them out of voting with self-interest in mind, it becomes very clear that many Americans are about to suffer a massive and total calamity. It’s been coming from Day One. Many specialists believe that American top income- an overwhelmingly right-wing set of half-fascist monopoly capitalists- causes crashes and downturns on purpose, so that people will sell them everything for pennies on the dollar and they can profit massively off the crisis they callously caused, although of course this is very hard to prove.

Back in 2016, many people believed the American economy would start to crash the day Donald Trump took office. Eight years of strenuous recovery work had finally righted the course, and now Trump would come along like a baboon and sling feces all over it, his preferred hostile takeover method. As expected, he did, but the economy not only survived him, it blossomed in spite of him. Immediately he began to boast and take credit for it. But that idea was ridiculous. Economists have been searching for real reasons ever since.

The first thing to understand about the effects presidential policies can have on our economy is that they are at best unclear. Robert J. Samuelson of the Washington Post wrote that “the $20 trillion economy is simply too big and complicated to be easily manipulated for partisan advantage.” While presidential policies do eventually have an effect, they do not manifest instantly, and while there is nothing surprising about the president boasting credit, he seems to have lucked out in the short term.

“It’s at least possible that bigger budget deficits will, if anything, strengthen the economy briefly,” said the New York Times’s Paul Krugman.

That’s how it ended up going, and while of course, it is wonderful that we’ve had such a bounce in our prosperity, we have to come to realize NOW, today, at this very minute that it’s almost over! Millennial Democrats were lucky enough to have a true expert offer us a bit of counsel and insight into the problem.

“People are bound to ask why it will collapse. Luckily, the answers are fairly simple Many economists are expecting a 2020 recession based on factors that have little to do with Donald Trump. Wage growth is not keeping up with price increases. Household debt has hit new highs, exceeding even the pre-2008 recession period, and federal debt increase has escalated dramatically. Economic bubbles like this BURST.” -Unknown Soldier.

In other words, our current economy is going to crash.

It is now time to draw our belts in a notch. We’ve got to start saving money, putting it aside and preparing to survive through what could be some very hard times with it. The president can refuse to help the people when they’re in need, and make no mistake about it. That is one promise Trump could make truthfully. He will do nothing but make matters far, far worse.

The steps needed to prepare for an economic collapse are similar to those used in a zombie apocalypse. We’ve got to embrace frugality. Our banks and wallets will become our survival tools. By investing wisely and doing basic research on money-saving methods, we’ll be digging storm shelters for ourselves, and when it’s over we will still have heads to pop out and smell the air with.

 

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Enemy of the People- Trump’s Attacks On Media Border The Deranged.

Our illegitimate president behaving like a thug.

When demagogues incite their followers to violence, they are to blame. Perhaps they are not solely responsible, but they play a key role, a bigger role than any other person. That is what Donald Trump either doesn’t understand- or understands all too well.

Controversy has emerged in recent days over a story carried by CNN in July that was co-written by Carl Bernstein of Watergate fame. In it, the story gets broken that Michael Cohen knew that Trump knew in advance about the infamous Trump Tower meeting in June 2016 between members of his campaign team and Russian individuals.

Cohen’s lawyer later said he misspoke, but CNN stands behind the story. Two of its employees told Business Insider senior politics reporter Allan Smith the network’s level of commitment to its story is “100%.”

On Wednesday, Trump called Watergate reporter Carl Bernstein, who co-wrote the piece, “sloppy” and a “degenerate fool” in response. Bernstein retorted on Twitter that he has spent his “life as a journalist bringing the truth to light, through administrations of both parties.”

That may be true, but it sure isn’t what Trump wants to hear. And it isn’t what he wants people to do. That’s why he’s always going on vile rampages and outbursts against the American press, people whose jobs are getting more dangerous by the day.

Earlier this year five journalists were massacred at the Annapolis Capital Gazette, and for a few days in the aftermath, Trump toned down his slanders and slurs. He invited New York Times publisher A.G. Sulzberger to the White House, and for a second it had started to look like things would be okay.

But the next day he reverted to his Stalinist slogan, “Enemy of the People“, to incite his followers to future mayhem.

Not long after, Trump held a “campaign” rally in Tampa. At it, a frenzied mob went berserk with reviles and rage toward CNN’s chief White House correspondent, Jim Acosta.

The scene left most of us who write about politics deeply shaken, including Acosta.

“It felt like we weren’t in America anymore,” Acosta said.

Earlier this week, a man named Robert D. Chain was arrested for allegedly threatening to murder journalists at the Boston Globe.  He was said to have been mimicking Trump’s language.

“You’re the enemy of the people, and we’re going to kill every f***ing one of you.”

Anytime in the past that we’ve had this sort of thing, we’ve always come together to insist that we won’t have it. Whoever our leader has happened to be at the time has always done what they could to help things calm down. They certainly haven’t made it their policy to make things worse by inciting it.

The fact that Trump is doing just the opposite is yet another warning, a huge flashing neon sign, that things have gone wrong and we are now all in a really bad situation.

Earlier this year, we were dismayed to learn the U.S. has dropped to spot 45 in this year’s ranking of countries based on press freedom, conducted by the non-government association(NGO) Reporters Without Borders.

Their survey ranked 180 countries based on factors such as pluralism, transparency, and the quality of the infrastructure that supports the production of their news.

Unsurprisingly, the report specifically calls out Trump as the reason for the United States’ reduced standing.

“A media-bashing enthusiast, Trump has referred to reporters as ‘enemies of the people,’ the term once used by Josef Stalin,” the report says.

Trump has done more than anyone to appropriate and misuse the term “fake news” in retaliation for critical reporting, even though his campaign was the source of most of the garbage that brought the term into common use.

He also got us bad marks for revoking the broadcasting licenses of media outlets who are critical of him and his lousy policies.

Last year Trump released a doctored pro wrestling video of his halcyon days hanging out at the Madison Square Garden, clotheslining an opponent who has the CNN logo slapped over his head. It was pretty ridiculous to think that such a man is now our president, but that is nevertheless how it went.

The first time it was merely silly, but nobody is laughing now.

This morning, on the topic, the Washington Post’s Greg Sargent wrote that whether rhetorical excesses can be blamed for violence or the threat of it is a complicated topic, with no easy answers.

I’m not sure I agree. The complexity lies only in degree; it seems pretty clear that people can whip each other up into violence if they’ve got a stage and a microphone.

You don’t have to be Adolf Hitler or Charles Manson, either; there’s no wizardry of dialect needed. Limp Bizkit’s Fred Durst told his fans to “get angry” at Woodstock ’99, and they did, and people rioted, and a girl got gang-raped in the middle of the mosh pit.

Is Fred Durst a man who is blessed with the same rhetorical gifts as Cicero or Demosthenes? Doubtful, but he does at least seem to be better than Trump. Was he solely at fault? No. But he certainly helped to kick things off.

Likewise, our nation’s 45th president will have helped to kick off his own fanatical followers, if any of them decide again to actually do what he’s been nudging them to do, and treat members of the press as though they really were Enemies of the People.

Here at Millennial Democrats, we want to emphasize how important a free press is, how important it is to adhere to journalistic standards. Without one we’re back in the Dark Ages. The media is the friend of the people, because they bring the people its information. It’s good to promote this point of view, going forward.