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Any person who is a dogmatic cheerleader of Trump will reflexively dismiss reality.
Make no mistake, the terminal decline of the debt-fueled catastrophe would have reset the global economy in a disorderly & chaotic way no matter who won the election, but Trump's victory will accelerate that process by a large pace (this may be a good thing as judged by a long-term historical retrospective; better to crash and reset more quickly than to let a terminally ill system zombify nation-states and consistently and persistently demoralize populations, leading to a higher chance of outright global conflict).
Excess debt will once again be absorbed on public balance-sheets, leaving the stand-off between debtors and creditors in an entrenched status quo, killing growth in the process. The world will become Japan.
Trump may create a temporary boost with more deficit spending, and/or he can throw a wrench into this machinery by turning against free trade.
We'll see about that soon enough.
Enjoy Christmas festivities. We don't know what's coming.
It will start in China & Japan, spread to an already crippled European Union, and wash over the United States.
The catalyst will be massively leveraged corporations failing to meet their debt obligations as operating income and net revenues shrink.
The 2008 to 2015 "recovery" was nothing more than central banks helping corporations, governments and individuals re-stock up massive amounts of debt through easy lending and tapping existing assets against which to borrow (as well as enabling corporations to absolutely binge on share buybacks).
Corporations publicly listed on exchanges in Asia, Europe and in the United States now have the highest debt levels in their histories, in both absolute terms and as a % of their book value (and their market capitalization rates are grossly inflated).
#PrepareAccordingly