Checklist for problem- America Election year FED raise interest...

Checklist for problem- America

Election year
FED raise interest rates (Dec 2015)
Slowing economy
Consumption down
Exports down
Bloomberg Commodity Index hit 16 year low - last time was 2008
Down = oil, copper, sugar, steel, coffee
"Experts" saying everything is fine

These conditions seem very similar to last 2 elections??   Housing bubble (sub prime/CDO's) burst 2 months before 2008 elections, similar to 2000 (dot com) only bigger.  

Clinton > dot com bubble - burst a few months before election
Bush > housing bubble - burst a couple of months before election
Obama > debt bubble ??  Oil/oil shale debt - Banks (derivatives)

Derivatives contract debt $552.9 TRILLION - biggest bubble in history (seven times greater than the entire economy of the WORLD).  US debt is about 19 or 20 trillion dollars.
ALL derivatives are bets on future prices.
It seems Banks are exposed seriously WAY beyond their assets.

  Derivatives are financial weapons of mass destruction - Warren Buffett

Trump warned of  a bubble burst before November elections.

If history repeats........

All the above is just from my research so please DYOR

Very interested to hear what others think.