Quote:
Originally Posted by Nlkko
Regarding Trump, it's not about whether it will be true, is true or not. It's about public perception. What do people read? The news. As for Sanders, read his tax reform. Bad for investors, he cut a lot of tax exemption and double capital gain tax. Trump and Sanders will reform the Fed's practice (something the Fed don't want). Anyways enough of politics.
Also I disagree on "all the way to the next crash". As said before, Feds have become a lot more preventive in protecting any plunge. They have been experimenting with a lot of things (manipulating gold, crude, treasury bond, USD/JPY, news) to lessen the impact of a correction. So long as they succeed, we will get mild correction, but no crash. Of course, there's always a chance of them fucking up but believe it or not, central banks have become a lot more sophisticated than say 7 years ago. Lots of measurement are in place to protect against a worldwide recession.
These are my speculation, of course.
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Politics is huge. The man made sophistication is basically a way for fraudsters (banks et al.) to make sophisticated loop holes. For relatively poor schmucks like us, we will be riding wave after wave of recession every 10 years or so if Glass-Steagall isn't reinstated - something Sanders wants to do.
After the 'roaring 20s', leading to the great depression, Glass-Steagall was passed in 1933 resulting in very FEW recessions, and nothing close to the magnitude of 2008 over the next 65 years. However, since it was repealed in 1999, fraud became rampant, and you end up with the dot-com crash in 2000/1, and a housing crash in 2008, and who knows what in the next few years. Sure, finance is regulated, but NOT to the same extent that they should be/have been in the past. Kind of like Breaking Bad, Bernie wants to put in effect "FULL measures" to prevent major events from happening again, whereas Hillary and all the other establishment candidates only want to bring in "HALF measures".