When President Trump Tweeted last week that “it is time for us to get out of these ridiculous endless wars,” adding that the US would be withdrawing from Syria, Washington went into a panic. Suddenly Republicans, Democrats, the media, the think tanks, and the war industry all discovered and quickly became experts on “the Kurds,” who we were told were an “ally” being sent to their slaughter by an ignorant President Trump.
Democrats are notorious for tanking the markets. Their ideas on massive government, wealth confiscation, and population control make it difficult to disagree with billionaire Leon Cooperman, who says the stock market will tank and lose 25% of its value if either Elizabeth Warren or Bernie Sanders is elected.
James Bullard, president of the Federal Reserve Bank of St. Louis, said risks facing the economy include uncertainty over global trade policy and the slowing of the global economy. The head of the St. Louis Federal Reserve warned Tuesday that the U.S. economy could see a sharper slowdown than expected in the coming months.
It’s not just “tinfoil blogs” who (for the past 11 years) have been warning that a monetary reset is inevitable and the only viable fallback option once trust and faith in fiat is lost, is a gold standard (something which even Mark Carney hinted at recently): central banks are joining the doom parade now too.