I hope so, you cannot have a country run on 70% consumer spending, I hope it wakes people up from the slumber they've been in if anything the government should be staring an SME fund to get the mom and pop shops back and stop dumping money into wall street so they can keep funding places like amazon and uber and cannibalising the markets.
Lol we'll you could go our way and do load shedding, our electricity gets shut off 3 times a day for 2 hours and we still need to get all our stuff done.
I also think his going to do anything he can to get re-election, his already starting a trade war with Europe now, the travel ban was just the first shot. Going to be an interesting time, I think the US sort of needs it, it's been coasting along for so long thinking money printing can solve everything.
I'm keen to see how crypto does in all of this, will keep buying and increasing my positions as I can.
The United States DOES have too much consumer spending, but we forget that we have lots of natural resources as well.
We like to tell ourselves that California makes money from Hollywood and Disneyland and other such stuff but a truth is that California is a GREAT place to grow fresh, organic fruits and vegetables that can sustain the whole US.
It is just a matter of re-directing where we concentrate our resources and how we use them.
I have a love for my land that goes deeper than what the United States has done to it, and I see solutions that go many, many years back. We need to wake up, and majorly shift. I hope it can be done in a more or less peaceful manner so we can avoid many unnecessary pains.