I Inherited A Mess!

As your President, it troubles me to come to you, the American people and tell you what our country faces in the days to come and how we got to where we are today. 

First of all, things are not what they seem. Many of you feel that something just isn’t right, but you aren’t able to identify what the problems are based on the statistics given to you by the financial media regarding our economy. Frankly you are correct. Let me give you the background as I understand it.

Our country made a deal with the devil after the 2008 economic crisis. We were controlled by a bunch of self dealing pedophile scumbags. A deal was struck with all of the World’s Central Banks to prevent a deflationary cleansing by a coordinated printing of the Euro, the Dollar, and the Yen and then dispersing them into the largest banks by buying their securities that were worth perhaps 4 cents on the dollar for their full face amount. 

What ensued was a calamitous change in fundamental economic principles with a mountain of worthless debt being transformed into a mega mountain of debt. We bought not only worthless bank securities, but we began buying government debt, then commercial debt. Hell these bone smokers even bought common stock shares, while shorting gold and silver prices. We knew we had to create an illusion of recovery while keeping interest rates at zero. 

We basically destroyed free markets and price discovery. We chose to save the Wall Street gamblers and banks and sold the middle class and savers down the river. We chose the winners and losers. We chose stocks like Tesla, and Amazon, and Netflix, and Facebook to pour endless printed dollars into. Competitors were unable to obtain zero money loans to create a level playing field. We printed more money to pour into non productive areas of a bloated health care delivery system. Essentially what we did was destroy any semblance of capitalism.

Just about every statistic you’ve been given on our economy over the past 8 years has been a lie to some degree. We can’t raise rates significantly or our debt will implode. We are screwed!!!!

Hmmmmm…. Do ya think that’s what the speech is gonna be?….. Nah…..Its gonna be I’m gonna make America great again and we’re gonna have tax cuts and spend trillions on infrastructure. We’re gonna have the greatest military there is and we’re gonna spend spend spend. 

My take on the miners is they may pull back hard during the next couple of weeks but it will be a buying opportunity if they do. Patience this year will be the only way to stay in what I think will be the only sane paper sector to bet on. Volume on the miners should pick up as the general equities correct this spring. Money managers will flood out of FANG stocks into safe havens and even the dumbest of these assholes will figure out where the flow is going for “safety”/ PAYOFF! …. gl to you all