Jan 21, 2021

Kevin Duffy's predictions for the next 4 years under a Biden administration

1) National debt will go from $27T to over $40T (that's probably conservative). 

2) For all the talk of unity, the Dems will amp up a domestic war on terror to muzzle dissenting views (not just conservatives; this will be expanded to include libertarians). 

3) The stock market bubble will burst and the Fed's balance sheet will triple (going from $7T to over $20T) in response. 

4) Inflation will become a problem and interest rates will rise. The 30-year bond yield, currently 1.84%, will be over 5%. 

5) Some form of universal basic income will be implemented.

Let's circle back in 4 years, assuming I haven't been kicked off Facebook or thrown in jail for being an insurrectionist and traitor.

~ Kevin Duffy, Facebook post, January 20, 2021



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