about the unrealistic policies (IMO) of Warren and Sanders. We can have a more rational debate about policy when we get back to normalcy.

Let's face it, a President who lacks credibility and continues to egg on environmentalists is going to cause major alarm ... especially when corruption is rampant in his administration. The backlash is causing civil unrest. People are unhappy / divided and the President is gaslighting the issue. And you're RIGHT ... there has to a fine balance between short term / long term policies when it comes to deregulation. The current President doesn't understand it.

2008 was a structural problem. We were so levered, including the institutions, we were hanging on by a thread. The next downcycle won't be anything like 2008. Money markets were in question at that time. I was shocked when Wellington implied it to me.

That said, this uncertainty is more political. IMO, the exaggerated moves should be preventable if this administration shows any kind of competency. I have my doubts though. They haven't set themselves up for a soft landing.

[Post edited by Blah at 10/11/2019 1:23PM]