Hi.
Welcome to FR.
Stagflation my man. Jimmah Carter 2.0
I hope I’m wrong.
5.56mm
The indicators are all over the place as are the interpretations of what they mean. These interpretations are often predicated on the single data point and past history.
When you look at them collectively we appear to be in some form of economic tachycardia or arrhythmia. It is bizarre. Indexes that usually follow one another are not and indexes that we have not really paid much attention to in the past decades are suddenly showing big change.
The classicists point to many of these indicators and forecast stagflation. You (and they) might be right. However, we have NEVER entered a period of economic turmoil with this amount of debt at all levels of our nation (Uncle Sam to Uncle Bob on Main Street and everything in between).
That debt, and the certain money printing it will cause, is going to have a vote in how this plays out and it won’t be pretty no matter what we call it.
Good point in reckoning.
Jimmah forced the global economy then.
this is no different, cepting the numbers are larger.
And there are more organized Marxists in place
Yep, they are driving the shit show.