Trump’s Fatal Mistake: The President Can’t Stop Taking Credit For The Stock Market Bubble

Wednesday, August 2, 2017
By Paul Martin

Mac Slavo
August 1st, 2017

So far it appears that Trump’s ascent to the White House is going to have a positive effect on the US economy. It’s good that we have a president who is willing renegotiate disastrous trade deals, back our country out of crippling agreements like the Paris Climate Accord, and shut down the southern border, which has allowed millions of low skilled laborers to enter the country and drive down wages for American workers.

However, that probably doesn’t justify Trump’s current enthusiasm for the American economy. Over the past few days he has taken credit for all of the recent gains in the stock market.

That of course could prove to be a fatal mistake for his administration.

Donald Trump has inherited decades of financial mismanagement and unsustainable economic policies that have turned our economy into one giant debt bubble. He’s taking credit for impressive stock gains, but the stock market is definitely one of many messes that he has inherited from his predecessors.

Right now he thinks he’s taking credit for an economy that appears to be booming since he came into office. That’s going to bite him in the rear real soon, because he’s actually taking credit for the tail end of history’s largest financial bubble. He doesn’t realize it yet, but he is essentially owning a disaster in the making. Once that stock market bubble pops, and the economy falls into a tailspin, he’s definitely going receive all of the blame for the inevitable financial collapse. By some accounts, that’s exactly what the elites want him to do.

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