A few days ago, President Donald Trump warned of a “1929-style Depression…if the Democrats get in.”

Trump is, of course, referring to November’s midterm elections.  And throwing hearty rhetoric at the wall – hoping it sticks for electoral effect.

Just as he did with his bribe – oops, I mean offer – to pay everyone $5,000 should Republicans (miraculously) maintain control of Congress.

I added “miraculously” – because the US (and global) economy are awful.  And off-year elections for the President’s party aren’t much fun under the best of circumstances.  The US’s (and the planet’s) awful economy?  Are not the best of circumstances.

I said President Trump is “partly” right about the looming Depression?  Because I think it happens whether or not the Democrats take control of DC in November.  Gird your loins. (more…)