cods wrote on Jan 16
th, 2017 at 11:12am:
only 4 more sleeps lefties....
will there be a Wall Street crash...
Of course not. Trump plans to cut business tax by more than half.
He also has massive infrastructure plans to build things like the Great Wall of Mexico.
Wall Street will do very well with Trump. Trump's economic plan is a massive stimulus, all at taxpayer expense. The taxpayers will be income earners, not those in business. Trump plans to screw the very people who voted him in.
Of course share prices are rising. The deficit, however, will rise with it. The rising share price is simply the transfer of income tax to shareholders. The US deficit is calculated to rise to 100% of GDP by the end of the decade if Trump carries out his policies.
Trump's solution to this is, as he's said, is to print more money. Such a scenario could easily cause a crash, and the entire world would be effected.