Report: Crashing Markets Increase Odds of a Trump Presidency
By Charles Gasparino, For the New York Post
Crashing markets and floundering economies amplify voter anxiety — just like they did in 2008, when they helped propel into the White House a one-term US senator and “community organizer.”
So, is it really so crazy to think that voters might elect as president in 2016 a real-estate developer with little policy experience but lots of experience in land speculation, building casinos and reality TV?
After months of believing Donald Trump was a flash in the pan, I’m willing to concede that The Donald could become the GOP nominee — and possibly the next president of the United States.
Why? Mainly, the real and obvious public angst that always accompanies economic uncertainty — which we have in spades these days, as witnessed by three successive drops of between 300 and 600 points in the Dow Jones Industrial Average, as well as continued lackluster economic growth that could get dramatically worse just in time for the 2016 presidential election.