Posted on 11/16/2021 12:09:44 PM PST by Browns Ultra Fan
Is the US slipping into darkness?
The smoothed US recession probability just rose to 44.40%. Meanwhile, the CPI YoY rose to 6.24% YoY.
The Fed has been lowriding rates since late 2008.
Why can’t The Fed be friends with the middle class instead of just the top 1%?
Playing “Cisco Kid” to chill.
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The Federal Reserve is a soviet-style central planning agency at its heart. OF COURSE it has mainly political goals.
Stagflation could return?
Yep, don’t we all reminisce about the Carter years?
sarcasm........
I’m already getting Daja vu from our Jimmy Carter experience. His wonderful ideas cost us a company with three locations and a retail warehouse and one salesman in Memphis, TN. I’m glad that I no longer have much investment to lose, but it sure does smell for the middle class businesses. Please fight as hard as you can to keep what you have now. I’m too old to do anything to help, except to pray.
Don’t tell SaxxonWoods. The economic foundations of this country have never been stronger according to that Freeper. You are all just pessimistic. Double digit inflation is all in your minds.
It seems as if this stagflation is unstoppable. The Fed can’t raise rates like Voulker and Reagan did…because we couldn’t afford the massive debt costs then. It’s a mess. I’m not seeing a way out.
Is the US slipping into darkness?
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Well duh, YES. Nobody wants to admit it but we are a socialist kleptocracy now.
The next economic downturn will be truly epic and probably change this country in unimaginable ways for decades to come. This is going to be the big one that will wreck everyone’s lives. The country will pay a heavy price for its apathy and gullibility.
Now back our regularly scheduled programming...
What happens to the universe of bonds out there when interest rates start rising and people start dumping them?
What happens when rising inflation forces businesses to hike prices and sales drop?
What happens when taxes, expenses, commodities, labor and regulatory costs rise and stock valuation formulas heavily discount the present value of companies’ future cash flows?
Just a taste of what’s to come.
Our economy is 70% consumption. When energy, food and shelter expenses eat up all discretionary spending, we’re toast.
It started with energy.
If you wanted to destroy a nation , what would you be doing different?
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