There's no third party coming out of this, even if this theory were completely true it just means the two parties are swapping members - the business GOP become Democrats, the "progressives" become Republicans
You're playing word games, that's not what Never Trump Republicans mean when they call themselves "fiscal conservatives" nor what anyone else who uses the term means
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Agreed, I don't mean now. It won't happen immediately, but the shift is beginning. GOP was the party of trust-busting, Democrats were the original anti-federalists, definitions morph, how we land this time depends on which party picks up the mantle for the working class.
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