Wages declining against cost of living is not coming out of a recession
COVID was a natsec operation to soft-decouple from China and begin re-shoring
You can't have "growth" if you make less stuff
Tech stuff today isn't recycled ad-tech that's consumer stimulative, its efficiency gains thats production stimulative. Supply side vs. Demand side.
We've been wringing out fiscal stimulus since 22, ffs Bitcoin and the Russell are basically flat over the last year. PE's are down. New jobs are being created in the private sector as opposed to public. There's nothing to correct, this is the healing stage.
Globalists hate healing though, I wouldn't rule out a dump caused by another fabricated black swan either in the form of going hot with China or a junkie withdrawal that manifests as a global debt crisis that US ultimately comes out better for it.
Fiscal stimulus is not an economic boom
Wages declining against cost of living is not coming out of a recession
COVID was a natsec operation to soft-decouple from China and begin re-shoring
You can't have "growth" if you make less stuff
Tech stuff today isn't recycled ad-tech that's consumer stimulative, its efficiency gains thats production stimulative. Supply side vs. Demand side.
We've been wringing out fiscal stimulus since 22, ffs Bitcoin and the Russell are basically flat over the last year. PE's are down. New jobs are being created in the private sector as opposed to public. There's nothing to correct, this is the healing stage.
Globalists hate healing though, I wouldn't rule out a dump caused by another fabricated black swan either in the form of going hot with China or a junkie withdrawal that manifests as a global debt crisis that US ultimately comes out better for it.