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The economy, and overall outlook at the moment, is artificially much higher than it likely ought to be simply due to the anticipation of the US election IMHO.
by canada_dry 6y ago
The economy, and overall outlook at the moment, is artificially much higher than it likely ought to be simply due to the anticipation of the US election IMHO.
There's tremendous hope that it will somehow relieve many of the pressing issues. It's hard to imagine that even if Biden wins he will be able to pull off the near miracle Obama did with the financial crisis in 2008 to put everything back on course (i.e. pre-2020).
This recent cartoon is representative of where things really are:
https://miro.medium.com/max/6000/1*cAtDBHi0SpyuQKKU4sGCyA.jpeg https://miro.medium.com/max/6000/1*cAtDBHi0SpyuQKKU4sGCyA.jp...