Quote:
Originally Posted by Piotrsko
Isn't that a Yogi-ism?
Ditto on the recession.
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Funny part is normally specific metrics that point to a recession run inversely to other metrics that would show economic stability or growth.
Both types of metrics are going up together in tandem on a variety of different economic metrics, which means we are in a new world.
As an example stagnation is running side by side with job expansion
Housing in many areas outside the cities (that are very very slowly crashing) are behaving in a similar fashion with stagnation plus stable or increasing housing availablity + cost.
I guess the 5 trillion dollar money expansion (33% increase in debt+ dollar circulation) from the 2020 shadow bank crisis
might take 10 years to fully unravel.
Thankfully 2021+ has been running sub $1T per year expansions but it won’t matter until the largest glut of cash to banks in history works it’s way through causing continued shockwaves in the economy