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My Early January 2020 Prediction Of A MAGA Great Depression
Back at the beginning of the year, I wrote an article which ran in Age of Awareness.
In that article I called the possible 2020 financial crisis, the MAGA Great Depression because it drew upon history of past downturns. The history part was related to a man-made crisis — the Dustbowl — that drove many kinds of consequences. I could see parallels in this century.
I also postulated that a perfect storm of events such as climate disasters (Australia was on fire), political fallout (an impeachment and partisanship) and ensuing, related epidemics, could easily combine to create economic distress.
Here is one sentence from that article:
The politics of power and money intersect with every natural disaster. It should also not be forgotten that climate crisis and biosphere damage also drive epidemics and pandemics. These can be exceedingly disruptive to economic certainty.
To all of those who see I clearly got it partly wrong, yes, I did not guess the precise details very well. But to all of those who commented with hate mail and hateful Trumpeteering, well, sorry, I just haven’t had time to read your spiteful stuff. Maybe because I had assumed that you were more wrong than I am. Here are just a few reasons from the last three years: