You'd think these moderate business guys obsessed with the almighty dollar would realize candidates like Sanders and Yang would have been more likely to implement policy that would increase the velocity of money. Trickle up economics, only more a torrent than a trickle.
Biden and trump will lead to consolidation of wealth in a few hands, and in the short term, sure that's great for the people already at the top of the heap. But they'll be sitting on top of a house of cards.
I was watching something the other day about Davos.
Tariffs - American citizens, importers and consumers are paying it. WSJ actually had a piece asking how many studies on this do you need to believe it?
Central Banks - Maxed out. Probably not going to be able to save anyone in the next economic recession.
Peak oil - Expected 2035. People will lose jobs and so on. Car production will decline. Too big to fail will fail.
Climate Change - We are passing way points left and right. Natural disasters with an crumbling infrastructure and we all know what's coming...
Aging population - There will soon be more old people than young people. People are not having children for reasons from - I have an $8000 deductible that needs to be paid in full before delivery to I will lose my job if I take this much time off. Less people working to support the safety nets for those that are elderly. Less people to sustain capitalism.
Income Inequality - 62 people will have the same amount of wealth as the bottom 3.6 billion.
All of these things will lead to the end of capitalism. For once CEO's are talking about stakeholders - customers and employees - not shareholders. This opens the door for some kind of mixed economic system, socialism or a variant. If these companies wish to remain in existence, this is what they will do. This leads to the end of globalization although not in the way most Trump fans believe. Decline in free trade and countries being more protectionist. Eventually they will have to choose - a state capitalist system or an open society system with free markets. The US can choose between being like China or the more mixed economies of Northern Europe. They predict three major alliances emerge from this. China and it's alliances, the US and it's alliances (Mexico and Canada) and the European Union.