Even if the government shut down and the market crashed, which is a long shot in itself, the downside of the crash could never go down to where it was before Trump was elected. The market would have to crash 20% just to equal out to where it was in November when Trump was elected. Plus, doomsayers like this author have been predicting a crash since 2009 when they called for a double dip recession. The market would have to lose 80% just to break the doom and gloom camps even.
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So you saying there will be no problem with the economy that's what you mean
Now I am confused
How, on a day like today where the market goes up 1% like butter, could somebody question the economy? I don't understand, how you are confused. Have you seen house prices? Have you seen the stock market index prices? Have you seen your insurance bill lately? There definitely is no problem with the US economy. The US economy is made up of those entities which are doing so well. We had a problem with the economy in 2008 for 14 months or so, when housing prices were affordable. When stocks were affordable. When insurance was semi-affordable. Now, we are in the best economy the world has ever seen. Pick a side, low prices and less jobs, or more jobs and higher prices? We can't have it both ways. Thing is, there is nothing to stop the inflation that QE kick-started. The only thing that could stop the inflation train is nuclear war or a mass extinction virus. This train is rolling baby! There is no way to get back the money that the 1% made since 2009. They have all the money and they are keeping it. Thus, we are on the path to Venezuela. We might have a chance to level out, because we always have in the past, but we sure don't have a chance to get back to where prices were in 2008 because the inflation is way to extended.