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Is the Second Republican Great Depression Knocking at America's Door? -- Thom Hartmann
https://hartmannreport.com/p/is-the-second-republican-great-depression-b0cHistory warns us: every major economic crash has led to a world war. Trump’s corruption, debt, and tariffs may be lighting the fuse…
In three weeks, on my birthday May 7th, it’ll be exactly 80 years since Germany signed terms of surrender at the headquarters of US General Dwight D. Eisenhower in Reims, France.
That year, 1945, also signaled the official end of the Republican Great Depression. And May 7 of this year may well signal the beginning of the Second Republican Great Depression, the fourth major economic crash in our history. Troublingly, every one of the prior three financial crises also tripped off a major war.
. . .
Batten down your financial hatches and get ready; this is going to be rough for everybody except the morbidly rich, who are rubbing their hands with gleeful anticipation at the upcoming “buying opportunity of the century” to acquire everything from small companies to real estate to stocks, all on sale at massive, depression-era-level discounts.
That year, 1945, also signaled the official end of the Republican Great Depression. And May 7 of this year may well signal the beginning of the Second Republican Great Depression, the fourth major economic crash in our history. Troublingly, every one of the prior three financial crises also tripped off a major war.
. . .
Batten down your financial hatches and get ready; this is going to be rough for everybody except the morbidly rich, who are rubbing their hands with gleeful anticipation at the upcoming “buying opportunity of the century” to acquire everything from small companies to real estate to stocks, all on sale at massive, depression-era-level discounts.