posted by gut
Elizabeth Warren warning another financial crisis is coming.
This is actually a really smart strategy. She'll campaign based on Trump not doing enough to protect you from the next recession, which is an artful attempt to dismiss the strong economy and shift the debate to what comes next. It's sneaky smart, essentially the economic version of Trump on immigration....yep, Warren would probably favor building a wall around Wall Street.
And she's right there are signs a recession is looming. We also know one will come, eventually. But saying it will be on the level of the Great Recession is typical fearmongering. It's possible, but there's no indication or reason to believe the financial system will repeat what happened. It will be a rather typical recession, perhaps a little longer and deeper than normal for a few reasons, but nothing like 2008-9.
Yes, recession or leveling off of massive growth thanks to Trump will occur right when someone like her hits the WH.