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To: Varsity Flight
Or fewer people with/or less buying power not chasing/ buying goods.

Stag-Deflation.

EXACTLY.

People who don't study history are doomed to repeat it. People who DO study history are doomed to watch helplessly while everyone else repeats it.

Lived through it once and survived. I guess I can do it again. I'm better prepped this time - own my house and car free and clear, live in a very low tax area, no credit card debt, no wife, kids are on their own.....

4 posted on 05/16/2021 9:44:36 PM PDT by Chad C. Mulligan (Deplorably Neanderthal)
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To: Chad C. Mulligan

I could see us hitting the stag-flation point by the end of 2021, and 2022 being an awful rough year (unemployment giving off wild numbers across the board and not making any sense). With Biden around, little to nothing would occur to correct the mess. Probably would start to see some ending by the middle of 2023 (long way away).


9 posted on 05/16/2021 10:16:19 PM PDT by pepsionice
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