trump will be the last republican in 50 years, they won him the election on purpose they know that the economy is crashing next year. federal debt is 120% of gdp. corporate debt is even worse. for example, bank of america is leveraged 64 to 1. interest rates need to be low for the debts to be repayable, but low rates mean high inflation. supply-side theory was invented to battle stagflation, but that won't work this time because the people at the top already have too much money, and they can't spend it without causing more inflation. raising rates to fight inflation will destroy the bond market and ruin the federal government's credit rating. if the federal government's credit rating takes a hit, other countries will stop buying t-bills and cease using the usd as a reserve currency. they knew that the sitting president at the time of the crash would take the blame, just like how they blamed trump for covid. they fucking played us like a fiddle
Republican