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‘Big worry’: Economist warns new bubble about to burst — and Trump may bail out ‘grifters’

‘Big worry’: Economist warns new bubble about to burst — and Trump may bail out ‘grifters’

By Sarah K. Burris, Raw Story 

University of Michigan economics and public policy Professor Justin Wolfers said he has a fear that the cryptocurrency bubble will burst and that President Donald Trump will use taxpayer dollars to help bail out the crypto market, the way the United States did after the mortgage crisis in 2008.

Trump has profited over $5 billion with his own meme coin and is now opposing any regulation of cryptocurrency.

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