Hello cawacko,
To each his own and at least your honest. I'm sure others would like an economic crash as well but won't openly admit it.
I have a family to feed so I never wish for bad economic times for folks.
Please understand I would not like this at all. Nor do I wish tough times for those on struggling budgets. I am very sad to realize that this is what it would take for America to move beyond Trump. Very sad indeed. I am sure you are correct that others agree with me and are not bold enough to admit it openly. I merely strive to see things as clearly as possible, and this is how I see the situation.
A serious crash, as bad as that would be, would have the silver lining of causing Trump's supporters-of-convenience to turn on him. That would be very bad in the immediate sense, but in the long run would be good for the country to move beyond the Trump era.
There have been several strong and quick dives in the DOW since Trump has been in office. People know the market rise is false and built on false pretenses. They know the debt cannot go up like this forever without causing big problems. The bottom has to fall out sooner or later. The higher the market goes, the more severe the crash will be when it comes. I urge everyone to take all the profits you can now while you have the chance because once the fall starts it will be so swift you will not have time to get out before losing big. Now is the time to be a bear. For those who are too poor to be invested, I urge you to place a renewed priority on paying down debts and building up savings. Everyone should have savings equaling at least 6 months of living expenses.
Avoid unneeded large purchases and buying or renting with too much of your income because that puts you in a position of being 'house broke,' and unable to save or have enough discretionary funds to deal with unexpected expenses. Get rid of any cars with payments and purchase a reliable older economy car for cash. Do everything possible to live well below your means so that you can place yourself in a good financial position and give yourself the ability to save as much as possible as quickly as possible. Now is the time. You have been warned. Fail to heed these words of wisdom at your own peril.
If you drive very much it is very important to have a car that gets the best possible mileage. If you do the math, you will find out that putting gas in a car often costs more than the price of the car when you add up all the gas you use during the number of years you own the car. Great savings can also be realized by adjusting driving habits to maximize fuel economy. Not only does this make expensive gasoline go further, it also greatly reduces wear and tear on tires and brakes, which means you don't have to buy tires or brakes as often, yielding more savings.
Avoid eating out and eating fast food too often, or making that a habit. Buy food at a discount grocery store, and take a home-made lunch to work. Take a really critical look at your daily expenses to see which habits can be eliminated and replaced with a healthier habit that saves you money. Coffee and cigarettes can be very expensive habits, which, if eliminated or reduced, can result in significant savings.
Anyone living in a region of high rents who does not own their home should consider moving to a more affordable area. Rents are unlikely to ever go down, and it is entirely possible that they will be going up again and again. Don't wait until your budget is strained by high rents. You could be throwing away thousands.
Save all you can while you can. Even if you don't need it for an emergency, it can be put toward your nest egg, and you will be VERY glad you did that later on in life.