[kamoz]

The Fed is hiking rates yet again amid very weak economic data.

I'm not the biggest fan of (((Peter Schiff))), I think he bashes Trump a little too extensively (but he does give him credit when due and some good recommendations on what he should do) and leads an exacerbated circle jerk on gold - obviously because that's where his business and financial interests lie. But he provides good, direct, easy to understand, and an alternative perspective when it comes to the economy and the Fed.

It's becoming ever clearer each day that the plan is to bring down the economy and pin it on Trump. We all saw how the media was blowing Obama and fondling his balls over all the "muh jobs created" near the end of his presidency. Obviously all that stopped when Trump became president. Same with all the late night hosts alluding to Obama as an overworked and underappreciated president that's going on a well deserved vacation/retirement after all the "hard work" he's done . It's clear that the establishment was priming the public into thinking that Obama left Trump this great economy and now it will be brought down under his watch.

How bad do you guys think things will get? Other than possibly denying Trump a second term, a hard left candidate next election, could this be what causes us to go negative like some other countries?

[Extinguished Light]

They will trigger another collapse but they need it to come close to the election so that Trump can't turn the narrative. They also need time to make sure the top financial stakeholders are insulated from the fallout; they wouldn't be fully prepared since they expected Hillary.