America, Trump: Beware the Ides of March

I'm not a superstitious guy. I'm not afraid to walk under a ladder, worry if a mysterious black cat crosses my path or feel any apprehension on Friday the 13th. There are countless other clues to a "dark" day, but I don't follow them or let them get my goat. With that said, I do think that there is a vibe out in the universe and for some unknown reason, things happen on certain dates. Again, I'm not referring to a full moon scenario, but the human condition to fulfill what people believe will happen to happen. It becomes a self-fulfilling prophecy. March 15th is one of those dates. Maybe because the Bard of Avon is so influential in our culture. I don't know, but two important aspects to our economy will take place on Wednesday.

Would you like a second opinion?

Edson Gould

Ever hear of him? He formulated an economic conclusion that when the Federal Reserve made interest rates hikes, that the third hike would be the beginning of a recession and stocks would crash. This Wednesday should be the third interest rate hike by our central bank. The economy won't stop on that day if the Fed hikes, but the seed will be in the ground to germinate.

Still not convinced? How about this past presidential advisor to Ronald Reagan?

David Stockman

He sees a "bloodbath." He calls this Fed moment, "three steps and tumble." It is the same theory that says after the Fed raises rates three times, the economy tumbles.

Now, do I have your attention? I hope so because there is a second whammy on Wednesday.

Debt Ceiling

The US national debt limit under our Treasury, will expire on Wednesday. I don't foresee any problems with a Republican Congress to help a Republican president. However, the $20T in debt fulfills my prediction. In addition, our ability to repay will generate another possible self-fulfilling prophecy, could the US default?

Consider some related aspects to the date:

Trump wants an expensive, stimulus infrastructure package. He plays politics and allows or compromises with his fellow Republicans with their health care bill. We find out, and it didn't take long, for the Republicans to show their true colors.This has nothing to do with Sean Spicer wearing his American pin flag upside down. This bill sucks! Higher premiums and lower coverage! It is why I dislike or trust the GOP. They never do anything for ordinary citizens. I rather have no health care bill than this one or Obamacare. I was foolish to vote for Obama the first time because the idea of First Payer health plan was great. We didn't get it because the Democrats are corrupt! Now, Trump will learn the hard way that his fellow Republicans won't support tariffs or our workers. They view the world this way. We are management versus workers rather than let us do right and everyone wins. Anyway, you got the Fed hiking interest rates, the US getting deeper in debt, and this is time bomb. I predict that the Federal Reserve will seek permission to buy stocks just like central banks in Japan, China and Europe. The fiat system has failed, but they are doing everything to keep it afloat. We are like Caesar, seeing knives coming at him and us from every direction. Sad days ahead.  

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Mike Holdeman (not verified)

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I like my single payer government run health care system----- Medicare.
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Fun n d Sun (not verified)

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Trump a decent man? Forecasts out of brandy snifters? Catch up with reality, there - they are not out to help us, they want to control us and steal from us! If that's not the definition of a politician and the natural course of all gov'ts then it should be. March has always been a beware month and rate hikes into a monster bubble of debt have usually turned out bad. From the article: "The fiat system has failed...," so what, they have all failed in the past, why shouldn't this one eventually fail? This March though? Probably not, but when it does, if it does in your lifetime or those of your children, it won't be a joking matter.
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Jack MeHoff (not verified)

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Oh yes, another professional. How nice, why don't you go back crawl into your cave and rot? Get a real job. Any SOB can pick a forecast out of a brandy snifter. You suck.
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Warren (not verified)

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Sebastuan: Are you INSANE??? Given the idiocy of the Democrats and their self-serving behaviors ''got to pass the bill to find out what's in it'' .... when you say ... republicans .... ''They never do anything for ordinary citizens'', I conclude that you are seriously confused.
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Sebastian4U

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I have been called crazy by some of my friends, however I did say that the Democrats are corrupt. As for the Republicans, this is their factual history: They were against social security which is a good thing. They wanted to allow banks to do any business which led to banking failures and worse, they pushed for the Federal Reserve. They are against worker unions and led the movement for the lie of free trade which led to outsourcing. Now, can you name one thing? Do not say they cut taxes because those cuts favored the rich. My point, we need a third party which will be "for the people."
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Bibi (not verified)

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Trump is a decent man. He loves his country and American people. I am sick of hearing about delusional democrats talk about Russia and trying to make fake news that somehow Trump was sponsored by Russia. Democrats gone too far on this and no one believes what they have to say. Maybe trying to reconnect with ordinary people who voted Trump in power and find out they voted for Trump would give a better insight into their own political making. Ditch Mrs Hillary Clinton, she is NOT the American royalty and END the age of entitlement.
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Bobs your uncle (not verified)

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It's time. DE-FAULT! DE-FAULT! DE-FAULT! DE-FAULT! DE-FAULT!
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Bill Wright (not verified)

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Do you think "Obomba" and the Hillary 's People(?) are any different? as for "Self-Fulling Prophecy",this should,and can be easily seen and understood, as part of our human nature...in other words,we keep making the same dam mistakes over and over again!!! Take The "Great" Caesar for instants; who took for granted the friendship of the wrong people..so goes History!! Most everyone has study history,and this kind of Bull@3*t that going on now is no different,and everybody using a "little"brain power should realize that!!!
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Goldingot (not verified)

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Yes indeed, 'beware the ides of March'. China and Russia are dumping US dollars hand over fist and the US debt has ballooned out of control and no Fed action can stop the inevitable....a train wreck of immeasurable proportions. Thank God I live in Canada, we may have a better opportunity to withstand and survive the long and very difficult financial winter storm here. I pray for my grandchildren!
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Animus (not verified)

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You mean "sow" and "couldn't care less". Otherwise, ok.
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Mike (not verified)

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Trump was co-opted by the Russians, who want to sew discord in the West, which Trump is doing. He's wrecking the institutions that gave us decades of progress and prosperity. He loves North Korea, China, and Russia. He could care less about the people of this country.