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50 sats \ 4 replies \ @Malachi17 25 Apr \ parent \ on: Gradually then Suddenly- Is Suddenly almost here? econ
First prize gets a burning barrel and plenty of currency to stay warm with.
It was certainly an "eye opener" here when I saw that GDP number.... I have been wondering just how long the FED/Treasury dance could go on before they both ended up cornered with no way out.
They will almost certainly devise some new "program" that obfuscates their tangled feet for a moment or three...but this certainly feels like the beginning of some very tough times for the world.
Just this morning I was watching this clip someone on my LinkedIn posted and the guest was speaking of the "upcoming bloom" and I about spit out my coffee...
I just am not nearly this opptimistic about the coming months or even years - 34.6 Trillion and counting in US Debt seems insurmountable....We will have to work very hard and very quickly to social engineer a way out of that!
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Sometimes the bloom is a corpse flower...
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We know the playbook. As soon as the ground shakes beneath the economy the printers will fire up.
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Where there is a will...
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