Right after the credit bubble burst in 2008, shocked, people scrambled desperately for answers.
Turning to the economists, nearly all of whom failed to predict the deepest recession in decades, they asked, “What will happen next?”
Having seen the obvious writing on the enormous wall of debt shadowing the world, and positioned myself perfectly in a distressed debt investing job, I found it terribly amusing.
If the world’s “smartest” economists couldn’t even see the credit crisis coming, then, how would they have any clue about where we are now headed?
Obama And Trump Won The Same Way
I won’t even turn on the TV or Internet to watch the mostly useless talking heads endlessly debate how “this could have happened.”
Nearly all of them had absolutely no clue before, so, why on earth would they see it any more clearly today?
They won’t. You can already see them blaming Wikileaks, or whatnot.
They will cry in their lattes, but most of them will never get how Trump pulled this off, because they never bothered to ask how Barack Obama did it.
Mesmerized by his nice sounding words, and slow, melodic voice, buying into the meme of the messiah, they simply failed to see they were being influenced.