There seems to be a lot of smug certitude that Trump is definitely destined to lose the election. We are not so sure. At the very least we would think that the race between Trump and Clinton is far tighter than it appears according to recent polls. This bring us back to a point we mentioned last week: the market is not pricing in the “risk” of an election upset.
If we believe the mainstream media and the Establishment it protects and promotes, Trump has no chance of winning the presidential election. But suppose this election isn't about Trump or Hillary at all.
The political duopoly in America simply does not work; nor does it offer hope for a future cohesive society. It may have reasonably worked in the past because of our very gifted, blessed economic advantages... but those advantages are either gone or exiting fast. A corporate media that would force bringing Greens and Libertarians to the presidential debates in 2016 would forever find its penitential-redeeming place in America’s history.
Amid the sound and fury of the presidential campaigns, one thing that is crucially unimportant appears to be policies... but in case you need to actually understand the actual differences between 'the crook' and 'hitler' actually are, HSBC has provided a handy cheatsheet...
People, more and more of them, understand the impossibility of improving the economy by giving a handful of people the power to expand or contract the money stock at will. In simplest terms it is a ridiculous idea. It can’t work. It doesn’t work. And this analysis is further proof. And sooner or later the current system will not have the necessary popular support to survive.
"The stock market is at record highs and the bond market is acting as if this were the Great Depression... the Fed is virtually a hostage of the financial markets. When they sputter, let alone fall, the Fed frets and steps in... the Fed is justified in that belief because it is responsible to a great degree for the elevation of financial asset values... and to me, gold is a very timely way to invest in monetary disorder."
Although it’s easy to dismiss this long, strange electoral trip as a passing political malady rising from America’s fever swamps, there are plenty of good reasons to get into the tin foil millinery business.
Despite proclaiming five reasons why Trump will win just a month ago, Michael Moore now knows "for a fact that Trump never actually wanted to be President of the United States... and he cannot and WILL NOT suffer through being officially and legally declared a loser - LOSER!"
"If they can’t get Mr. Trump to change his act by Labor Day, the GOP will have no choice but to write off the nominee as hopeless and focus on salvaging the Senate and House and other down-ballot races. As for Mr. Trump, he needs to stop blaming everyone else and decide if he wants to behave like someone who wants to be President—or turn the nomination over to Mike Pence."
"I don’t think what Donald Trump says is worse than actually what Hillary Clinton in fact has done... Trump lies are mostly garbled, stream-of-consciousness word salad. HRC lies are lawyerly, meticulous, calculated, and brazen."