I find myself praying for a stock market crash, an economic downturn.

[shockey80]

I want it to happen sooner than later. Trump was handed a good economy from Obama. He is taking all the credit. Nothing would hurt Trump and the republicans more than an economic crash. It's going to happen, lets get it over with. I can't believe I am saying this but thats how I feel.

[nini]

1. Its going to hurt more than the republicans

I'm too old to rebuild my life again.. pray for something more positive.

[secondwind]

2. Hear, hear. 71 next month.

[nini]

20. I'm still in debt because of the last collapse.

This one will be the final nail in my coffin I think.

[Wellstone ruled]

51. This is very true,

with the death of defined Pensions,we now have a 401k system that is news driven and manipulated by the High Speed Traders and Corrupt Money Center Banks. With this last weeks Social Safety Net destruction by Trump,there is going to be a Health Care sell off. Unemployment is increasing daily as people continue to protect what they have by not spending needlessly.

The GOP has for several years,wanted to punish the remainder of the middle Class workers for their Democratic Voting trends. At the same time brutalizing the working poor. The proof being,listen carefully to the Statements coming from Paul Ryan and other Libertarian leaning Congress People. Their sound bites for the Media never flesh out their true statements. Read their full print out statements.

[The Velveteen Ocelot]

3. And it would also destroy the retirement savings of a whole lot of innocent people

who would have no way to recover it. I think the market might crash anyhow - a lot of stocks are probably overvalued - but I sure don't want it to happen.

[RandySF]

38. I will say this bull market is making me nervous.

I'm starting to shift more retirement funds into bonds.

[The Velveteen Ocelot]

42. That's the advice I got, too.

I think there is a stock bubble and it might burst, so anybody with investments in stock, especially in retirement products, probably should think about moving things around. But wishing a crash to happen is just cruel.

[steve2470]

57. makes me nervous also

It's just so overvalued now in general. I dread the aftermath.

[greatauntoftriplets]

4. Are you serious?

It won't just hurt wealthy Republicans.

[Orrex]

5. I have a friend with connections at NASA

Immediately after the election I sent her a text begging to use her influence to call down a meteor strike, but she declined.

Some friend!

[Codeine]

22. They're a little gun-shy since failing to blow up the moon. nt

[Canoe52]

6. Easy to say, but the 2008 recession wiped me out

lost my home, savings. It’s been an upward crawl, but finally I’m on stable enough ground I can retire.
Would not want to go through that again!

[demmiblue]

7. Unrec, though not surprising.

[Irish_Dem]

8. It will only hurt us, not them. They can withstand a crash, we can't.

The middle class got hit hard with the last crash, losing a big chunk of house value and retirement accounts, impacting day to day functioning.

The wealthy didn't have to worry about putting food on the table, proving housing, seeking medical care, etc. They have enough wealth to insulate themselves from harsh realities.

And I believe that the big players knew about the last crash in advance, and were able to sell high and buy low.
So they made out like the bandits they are.

[Not Ruth]

9. Might as well hope for North Korea to nuke us, so nope, no, no way

[wryter2000]

14. Yup

Cutting off our face to spite our nose

[Squinch]

10. I don't want it, because of the reasons others have listed here, but I do think it will happen.

[unblock]

11. hoping for bad news for most everyone is not my thing.

i get your point, but sadly it assumes that something terrible will "wake up" the media and enough of donnie's donors and supporters.

well, that may be true, but it would be short-lived. remember the whole financial crisis that shrub gave us? republicans were such a terrible brand that the democratic primary became the big big thing because people figured the general election was a foregone conclusion. we won, and made history in the process, but the media only got worse, republicans in congress became even more horrible, and we wound up with benedict donnie.

so even if the retirement of millions is destroyed, ok, we might get rid of donnie, but then what? the media will still be horrible, republicans will be worse than ever, and the koch brothers and the waltons will just spend more to get their way.


personally, i think the backlash will be strong enough already. we already have a good shot at regaining the house in 2018, and if things continue like this, we're almost guaranteed to win the white house and the senate in 2020.

so we're on track to get our best case scenario politically speaking. i don't think we need to root for more damage, nor do i think it's productive even from a cold, calculating political point of view.

[Vogon_Glory]

12. This is not something to pray for, but it may well happen anyway

Donnie's just kicked the legs out from much of the health care industry. He may crash something else by mid-year 2018, no divine intervention/retribution necessary.

[CurtEastPoint]

13. I understand your anger but this will hurt everyone. Please reconsider.

[Wounded Bear]

15. I'm surprised it hasn't happened already...

but I guess "they" are propping the economy up to max out their profits before the inevitable occurs.

[shockey80]

16. I would also get hurt.

I know it's not right to feel this way but I believe it's going to happen somewhere down the road. The last time it happened Bush was walking out the door and he handed an economic collapse to Obama. Obama had to deal with it.

I don't want that to happen again.

Lets be honest, do you think we are all not going to pay a price for the Trump nightmare. We are all going to get hurt. How can this end well?

[shockey80]

17. Trump has shown us how he operates.

When he does not like something he tells people to fix it. If they don't he wrecks it and then tells you, now you have to fix it. I believe he will do this with NAFTA and other trade agreements. Trump is turning the world against us. He is tearing things apart. Sooner or later we must pay a price for this. This is so fucking bizarre.

I do not want to live through an economic collapse, I just have a deep feeling of dread, of what is coming our way. I don't want to wait years for it to happen.

[customerserviceguy]

18. The rich only suffer paper losses during those hard times

It's the people at the bottom that suffer real ones. I'm glad to be an atheist, and I take comfort in knowing that no one is listening to your prayers.

[shockey80]

19. I should not have said praying, thats not true.

I should have said I am hoping for an economic collapse sooner than later. I am just so frustrated.

[EL34x4]

21. Have you considered therapy?

Seriously. It sounds like you have anger issues.

At the end of the day, Donald Trump is only the president. He doesn't control your life.

[LuckyCharms]

30. This is a personal attack.

please stop it.

[pintobean]

41. Hoping for the economic ruin of millions of people

and all the human suffering that goes along with that, sure isn't healthy.

I don't see it as a personal attack, I see it as an attempt to be helpful.

[LuckyCharms]

45. Listen, it was not a wise thing to say

but I don't like how this person is getting crucified. The OP was expression of frustration more than the wishing of an actual event. Surely we can do better than eating our own, and surely we can be better than the other side that does not allow for shades of grey.

[pintobean]

46. That's tfb.

DU rules are keeping it civil.

[LuckyCharms]

47. I have no idea what you just typed. n/t

[Squinch]

55. Did you read the post you replied to with this personal attack? It doesn't look like you did.

Either that or you just wanted to get in a dig.

Either way, it doesn't look good.

[Codeine]

23. I recently lost a job of almost thirty years

largely as a result of the lingering impact of the LAST economic downturn, so screw that.

[demmiblue]

24. ...

[RandySF]

43. That doesn't make it any better.

[madville]

25. That would really hurt most pension plans

Government and private alike, most have their money invested in order to gain returns to cover pension oayouts and COLA adjustments. State pensions, Unions, municipal pensions, etc it would hit them really hard. Not worth the selfish satisfaction of a political "win".

[Pope George Ringo II]

26. I should pray for Roy Moore to win in Alabama

Then my (Texas) Senator wouldn't be the worst and most embarrassing in the legislature anymore.

[struggle4progress]

27. A really MAJOR economic downturn could turn politics further to the right

[Snackshack]

37. Very True.

There is a valid argument to be made that had the stock market crash of 1929 not happening the Nazi party would never have come into power in the 1930’s.

[struggle4progress]

44. Electoral support for the Nazis always decreased when conditions improved and

increased when conditions worsened

[steve2470]

48. if we had an economic depression now, I'm convinced we'd get Hitler-lite

Hitler-lite = Trump or someone like him minus the anti-semitism

I have no faith we'd get another FDR.

[greymattermom]

28. Well if all goes as planned

health care will be for the rich only. Lots of rural hospitals will close, and Trump voters will be up the creek without a paddle, as they say. I have a nephew with type 1 diabetes who works as an Uber driver. He has no idea what to do when his insurance runs out, which will happen in about 2 years. One trip to the hospital would bankrupt him, and he can't afford his medications without insurance. He can't get medicaid either because he's not quite poor enough.

[BainsBane]

29. No, don't do that

Many people are hurt when that happens. Union and teacher retirement funds, capital for small business and home equity loans. Mortgages. Whenever shit happens, it's always the lower incomes that bear the brunt of it.

Also, crashes don't phase them. They just pretend the Democrats did it. They blamed the 2008 crash on Obama, and their voters are so stupid they went along with it. Christ, they blamed the Iraq War and Katrina on Obama.

[lpbk2713]

31. They blamed Dumbya's economic disasters on Jimmy Carter.

I thought that was one hell of a stretch.

[emulatorloo]

36. +1 Thank you n/t

[Snackshack]

32. No reason...

To add insult to injury.

I understand where you are coming from but I certainly hope you do not get your wish.

[DrDan]

33. how progressive of you - praying for financial loss of others, potentially ruining their futures

[RandySF]

35. Like a certain celebrity who said that Trump's election would bring the revolution.

[RandySF]

34. The stock market crashed in 1987 and George HW Bush was elected in 1988

And Democrats were heading to the White House with or without the real estate/stock market collapse of 2008. This post is demonstrative of widespread political and ignorance on DU with so many are convinced that only the wealthy participate in the markets.

[llmart]

39. Are you serious?

There are better ways to get rid of Dump. As a 68 year old retiree, the last thing I want is to lose my retirement savings.

Statements like yours do nothing to help.

[DrDan]

40. how about also praying for a wide-spread plague leading to millions of deaths . . .

we could then blame trump for a lack of adequate healthcare coverage for appropriate treatment.

That'd teach him to mess with the ACA.

[TexasBushwhacker]

49. We're doe for a downturn anyway n/t

[Tatiana]

50. I understand your intentions. We're all so frustrated and fed up.

This bull market is likely unsustainable. We're probably due for some serious correction.

However, I think what some members here are expressing is that it's hard to wish for your property value to tank or for your retirement funds to diminish when the middle class has nothing left to fall back on. Not to mention the poor people who work for publicly traded companies that don't receive a golden parachute when their company goes belly-up.

2008 was a huge blow for me -- I had to sell my house at a loss, but I was lucky. There are people who lost everything, who killed themselves in the face of crushing debt, who suffered greatly because of Bush's incompetence. And, as usual, most wealthy people were diversified enough and capitalized enough that the recession didn't significantly impact their way of life.

We're usually the ones that get hurt. Would it be worth it to take down Trump? That's a tough question.

[roamer65]

52. Be careful what you wish for, as you may get more of it than you like.

This next crash will involve a major worldwide currency crisis. Are you sure you want that?

[AJT]

54. Sounds cynical, but if the economy is doing ok the GOP will retain their majority.

It's the economy stupid....

[joshcryer]

56. This is what they hope for as well.

Because they sell high and buy low.

The Democrats retake power and put out the fires that they made.

And the cycle repeats.