[Tilted Irish Kilt]

Prepper Ping - Economic situation contained in the news title :
"Economic Warning Signs: Collapsing Yield Curve, Plummeting Oil, and Soaring Bank REPO Interventions Raise Alarms Despite Perceived Boom "
Sustainable, or problematic ? dforest :"Thriving for who? I know of no one that thinks it is thriving."

(From the news source):”..Adding to concerns, the Federal Reserve is predicted to cut interest rates six times in 2024,
recognizing clear signs of an economic slowdown according to ING Economics.
The alarming dip in US job openings to a two-year low, reminiscent of March 2021 levels, contributes to the narrative of a faltering economy. “

”As the stock buyback blackout window commences on December 11th, indicating a pause in a significant source of market support,
the strain on small businesses becomes pronounced.
With short-term loan rates for small businesses reaching a staggering 10%, the current economic trajectory appears increasingly unsustainable,
prompting a closer examination of the challenges ahead. “

[cgbg]

Here are some interesting statistics:

“https://www.businessinsider.com/credit-card-debt-income-homeownership-foreclosure-bankruptcy-elder-millennials-lifestyle-2023-12&post-bottom-piano-recommendations“

If you focus on the chart—and not the headline or the text—you will see the numbers the Fed is looking at...

When I look at those numbers I don’t see the Fed doing anything at all in 2024.

Debt levels—compared to other historical periods—are relatively stable—which means “do nothing” is the fallback strategy.