inclementimmigrant@lemmy.world to politics @lemmy.world · 15 days agoDemocrats Will Win Again Once the Economy Tankswashingtonmonthly.comexternal-linkmessage-square136fedilinkarrow-up1193arrow-down126
arrow-up1167arrow-down1external-linkDemocrats Will Win Again Once the Economy Tankswashingtonmonthly.cominclementimmigrant@lemmy.world to politics @lemmy.world · 15 days agomessage-square136fedilink
minus-squaredragontamer@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-214 days agoWell, it keeps getting worse until some point. But it took like a decade of shitty CDOs of CDOs finally collapsed in 2007. It got to the point where strippers (and other not so wealthy people) where buying 2 or 3 houses aiming to flip. Bubbles always bubble longer than expected And if Trump does the trillions in tax cuts like hes trying to do, then the economy floats longer
Well, it keeps getting worse until some point. But it took like a decade of shitty CDOs of CDOs finally collapsed in 2007.
It got to the point where strippers (and other not so wealthy people) where buying 2 or 3 houses aiming to flip.
Bubbles always bubble longer than expected
And if Trump does the trillions in tax cuts like hes trying to do, then the economy floats longer