Today’s Financial Crisis Is the Child of COVID | 8/5/24

Everyone is on edge because the stock market is crashing, but let’s not forget that the stock market is all fake. The real economy has already crashed as a result of the Great Reset. The record consumer debt, anemic job growth outside government sectors, and public debt have created an unprecedented collapse that will intensify regardless of which fake numbers are posted at the Nasdaq every day. The difference between this crash and the others is that the feds completely lost control over their “debt arson” and do not have enough fire extinguishers to put out the fire as they did in 2008. Trump must make it clear that House Republicans should not bail out a single sector. Let them crash the way Main Street has since 2020. Next, I discuss the political aspects of the financial crisis. Republicans are assuming a collapse will help Trump, but I argue that they are failing to learn the lessons of the 2022 blue wave. We will not save ourselves politically or policy-wise unless we change course and focus on what matters.

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