What could go wrong? -- 14 questions for people who say everything is going to be just fine

 

(1)
This isn’t a stock market bubble with the S&P 500 Price to Sales Ratio hitting record highs?

-- Tesla makes a tiny fraction of the cars in the U.S. and loses money, but has a market capitalization that is four-times larger than the big three U.S. automakers combined.

-- Apple stock is up 70% in 2020, and nearly 500% since 2015, with a market cap of $2 trillion. The huge gains are despite a slight decline in earnings growth since 2015.

-- Jeff Bezos (Amazon) and his ex-wife are worth $200 billion.

-- S&P 500 CEO’s in the United States, on average, make more than 300 times the average wage of workers.

-- It now costs the average worker a record 114 hours of pay to buy one share of the S&P 500.

-- Despite high unemployment, a recession, and on ongoing pandemic, stock markets are at or near new record highs.


(2)
More than 60 million Americans have filed new claims for unemployment benefits this year, and over 25 million are still collecting unemployment, is not a problem?

-- Household net worth just hit new all-time highs, but 70% of Americans have less than $1,000 in savings, and 45% have nothing saved.


(3)
$3 trillion of new federal government debt in the past 12 months (fiscal year), and 27 trillion dollars in total debt, is not a problem?


(4)
All of the rioting, looting and violence will end after the upcoming election?


(5)
The rapid rise of urban crime rates is just temporary?


(6)
40 percent of U.S. children born outside of marriage is not a problem?


(7)
A vaccine will save us from this pandemic ... but the government wouldn’t try to force people to take vaccines, if they don’t want them?


(8)
Our relationships with China has not deteriorated?


(9)
The head of the UN World Food Program, warning that there will be famines of ‘biblical proportions, is not a problem?


(10)
A former intern for Joe Biden was about to moderate the second presidential debate, 

which was cancelled, but he would have been fair and unbiased?


(11)
Tens of millions of Americans mailing in non-requested ballots won’t cause any problems?  

People won't have non-requested ballots mailed to the home where they used to live with their parents home, where they first voted 18 years ago, before they moved to another state after college?


(12)
The Democrats would never pack the Supreme Court with Democrats?


(13)
After the election, the big social media companies will give us our freedom of speech back?


(14)
Everything will be just fine after the election?

-- If Trump wins, U.S. cities will not have riots?

-- If Biden wins, and Democrats gain control of the Senate, socialists will have a seat at the table, representing Bernie Sanders and Alexandria Ocasio-Cortez ... demanding higher taxes, higher spending, more regulation, ending the Electoral College, a packed Supreme Court and  single-party rule in the Senate by ending the 60 votes to pass legislation filibuster rule.


  Now for some depressing
"what could go wrong speculation"
about the 2020 election:
Secretaries of State in key battleground states, such as Michigan, Wisconsin and Pennsylvania, will be ordered by Democratic governors to not certify the results. Armies of lawyers will descend on state courthouses demanding extending voting hours, impounding mail-in ballots, and counting all ballots regardless of postmarks, timely mailing, timely receipt and other formalities. Neither side will concede. Riots ("peaceful protests" in leftist English) are likely in many cities.

If Biden does win, perhaps removing Donald Trump through mail-in ballot fraud, stock markets are not fully priced for that happening.  Even if he wins, Biden is likely to be replaced by Kamala Harris within a year or two, using the 25th amendment. 

He has a “step function” cognitive decline, from dementia, that gradually gets worse, even though there are some "good" days.  A formal resignation by Biden would make Harris our President, rather than our "acting president".  

Perhaps it is just an odd coincidence, but on September 12, Kamala Harris mentioned a coming “Harris Administration,”, and on September 15m Joe Biden mentioned the “Harris-Biden administration” at a campaign event?