Philosophy Explorer wrote: ↑Mon Sep 17, 2018 3:00 pm
FlashDangerpants wrote: ↑Mon Sep 17, 2018 2:46 pm
I think Trump will resign some time after Allen Weisselberg goes before a grand jury, and trump Jr or Jared is put in cuffs.
There will be a debt ceiling crisis before the end of 2019, because the budget deficit will first hit a trillion dollars under a Republican president. the number means nothing, but US politicians love grandstanding over big numbers and that one is too juicy to pass on. Democrats don't need to pick up very many seats for that as, if Trump is still in power at all a year hence, he will be a lame duck by then, so fiscal conservatives will join in just to distance themselves from him.
The next global shitshow is probably going to start in China with a debt crisis. Nobody's economy will improve when that happens. Most predictions over the last decade have estimated it is due around about now. Trump's Mercantilist
Beggar-Thy-Neighbor trade policies could in theory amplify that into a global depression, but it is hard to do all that in a single year, so perhaps the US economy will roll over nicely for 12 more months.
A universal vaccine will not be announced.
I don't see Trump resigning until it becomes evident to him he'll be impeached.
So ... that would be ... sometime after Allen Weisselberg goes before a grand jury, and trump Jr or Jared is put in cuffs then.
Philosophy Explorer wrote: ↑Mon Sep 17, 2018 3:00 pm
The alleged debt ceiling crisis has often been talked about in history. Haven't seen anything come from it and I don't think we ever will.
Sure. Russian Roulette isn't dangerous, I pulled this trigger 5 times already and nothing happened. Your debt ceiling gets increased in increments following painful negotiation in which both sides sacrifice things of great importance to them. If a deal is not reached one time, a massive self inflicted dumpster fire occurs.
The next one will depend on a guy who thinks every negotiation is a competition that has been lost if the other doesn't end up regretting ever being born. It will be approaching a trillion dollars for a single year, plus carry overs from the prior year*. It is guaranteed to be by far the worst number ever, and the president's own party will find that difficult to tolerate. Supporting the Donald in this will give the opposition in their re-election campaigns tons of ammo to use against supposedly fiscally conservative congressmen who voted for that trillion dollar debt increase.
The Donald's own instincts will make matters that much worse. He always doubles down when the stakes are highest hoping the other guy will surrender rather than take the blame. So he will demand billions of dollars for a wall, maybe he will do somethig good too, like perhaps he could finally get round to having that "infrastructure week" that he tried to do twice. The Democrats will probably misbehave as well, the GOP does rather have it coming, given what they did to Obama when his debt ceiling came due.
* FYI, this year's debt ceiling problem was ignored and rolled over in order to not fuck up the mid-terms. That automatically means the ceiling needs an increase of over a trillion in March next year just in carry overs. That's without taking subsequent tax cuts into account.