[SaveFerris]

)we haven’t experienced a world wide ‘recession’ in a instant globalized environment before)

Yep - 2008 was the biggest shock and the repeat will be epic IMHO

[Theoria]

That globalized world will counter JPowell’s issue on inflated assets. He's strengthened the dollar, and foreigners will be heading to the US in droves with their dollar and buying land, homes, etc because of the relative strength of the US economy against Europe and ‘zero covid’ China. It's gonna take longer than what the Federal Reserve thinks.