God, I hope not. That would mean Trump would go into his second term with a horrible economy and would have to spend much of his time in office dealing with that.
Not to mention that he would get blamed for a bad economy, simply because he was in office while it happened.
I know many people believe that our financial system is going to collapse, and we're going to go back to the gold standard. I just don't know how there's going to be time now for that to happen and for us to recover from it before Trump is back in office.
September 3. 1929 - The stock market (Dow) hits an ATH (all time high) of 386.10
October 29, 1929 - The stock market crash of 1929 occurred.
July 8, 1932 - The stock market (Dow) finally hits rock bottom at 40.56
November 24, 1954 - The stock market (Dow) finally reaches the September 3rd, 1929 pre-stock market crash ATH level of 386.10. It took 25 years, 2 months and 21 days to finally recover.
Looking at those numbers, what would you say the likelihood was of the US having a complete collapse of our financial system and replaced with the gold standard and then having the economy totally recover within 4 years would be?
God, I hope not. That would mean Trump would go into his second term with a horrible economy and would have to spend much of his time in office dealing with that.
Not to mention that he would get blamed for a bad economy, simply because he was in office while it happened.
I know many people believe that our financial system is going to collapse, and we're going to go back to the gold standard. I just don't know how there's going to be time now for that to happen and for us to recover from it before Trump is back in office.
He keeps saying he’s gonna have the fastest rebuild in history.
September 3. 1929 - The stock market (Dow) hits an ATH (all time high) of 386.10
October 29, 1929 - The stock market crash of 1929 occurred.
July 8, 1932 - The stock market (Dow) finally hits rock bottom at 40.56
November 24, 1954 - The stock market (Dow) finally reaches the September 3rd, 1929 pre-stock market crash ATH level of 386.10. It took 25 years, 2 months and 21 days to finally recover.
Looking at those numbers, what would you say the likelihood was of the US having a complete collapse of our financial system and replaced with the gold standard and then having the economy totally recover within 4 years would be?