The economy is doing pretty well, and I would hate to get back on another unemployment spiral. So I was wondering if somehow there could be a (slight) chance if there was another Great Depression on the horizon?
Yeah well MLK 3 is exceptional and wrong. The economy is fine and economic indicators are useless. In fact, indicators are so useless that they may precipitate a recession in of themselves. The bottom 20% of wages are increasing faster than the top 10% for the first time since 2008 because everyone that wants a job has one, so companies are trying to make their entry level work look more appealing. McDonald's is offering paid leave and quarterly bonuses, with $250 referral bonuses if your friend gets hired. Taco Bell offers tuition assistance. Some Walmarts are starting to pay their stock boys $15/hr.For the rest of the world, the last one never ended. That includes China. MLK Jr.'s son, MLK III, was quoted on the local morning radio news in my city (no, no TV in the Comandante's Bunker) saying that he believed that the supposedly wonderful employment numbers were (my rephrasing) pretty much pulled from Trump's ass, or that of one of his sycophants, and that black unemployment was still around 60% or so.
If that's true, and he's definitely smart enough to figure it out, that means that all the other numbers are fake too. In that case, you have a country where three cities-Greater Silicon Valley, Seattle, and Washington DC-are booming like gangbusters while the rest of the country rots unnoticed, with many places never having recovered from the fucking dot.com crash/9-11 attacks 20 fucking years ago!
So, you have a country where the "boom" is Trump Brand canned hot air and the zillions of electronic dollars printed in 2008 so that the Masters Of The Universe wouldn't pull the plug on civilization and fly off to their bunkers in New Zealand while the politicians get impaled on pitchforks. The rest of the planet is not feeling it, no boom for them.
Eventually, Trump runs into a situation where the hot air cans turn out to be empty, like that old Got Mylk commercial where the evil capitalist dies and goes to a faux heaven, only to figure out the truth when he opens the giant fridge and finds that the mylk cartons are all empty. Then the party starts. People suddenly realize that there's no there there, and hasn't been for years. Venezuela 2.0, anyone?