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A Donald Trump presidency would be a disaster for the markets—but that's exactly what America needs, according to a former top government official.
In a recent interview on CNBC's "Fast Money", David Stockman. the former Director of the Office of Management and Budget under President Reagan, explained why the Republican candidate will be so bad for stocks, it will actually be good.
"I think the market is underestimating why this phenomena is happening, his odds of winning and the consequences if he does," said Stockman.
nice : )
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What most people refer to as a "market" is a centrally planned, rigged machine that's been broken for a long time. It exist today solely for the purpose of enriching insiders, who are already "rich" my most of today's measures. If it weren't for the retirees and people who were promised pensions getting the short end of the stick, I'd say "Fuck the market, let it burn".
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