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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: E_K_S who wrote (13048)11/7/2024 1:54:47 PM
From: elmatador1 Recommendation

Recommended By
carranza2

   of 13780
 
The End of Obama's Dynasty

Obama was elected at a time when the financial bomb was about to explode. It exploded in the financial crisis of 2008 and 2009. He didn't solved the financial problem and he didn't do it because he didn't know how and even if they gave him the script he wouldn't implement it because he would be president for a single term.

He wanted to be a black statesman. A Martin Luther, being a non-African Mandela and, of course, make a lot of money. Thus, on his first term, Obama kicked the can down the road.

At the end of Obama' second, Hillary, in 2016, wanted a Clintonian dynasty. Obama did not support her.

Trump won and started solving the problems. That touched a lot of vote-buying programs put in place by Obama to consolidate his dynasty.

Obama counter attacked in 2020 by placing Biden. But with an eye on the continuation of his Dynasty, he placed Kamala Harris as vice-president. It didn't work and the Obama dynasty is now over and out.
Now the financial crisis -keep an eye on that $35trillion debt- can no longer be kicked down the road.
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