Leading indicator spells economic doom! | |
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Possum70
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Where Eagles Dare
Metal-American User ID: 73836248 United States 05/21/2022 01:12 PM Report Abusive Post Report Copyright Violation | Isaiah 40:31 - But they that wait upon the Lord shall renew their strength; they shall mount up with wings as eagles; they shall run, and not be weary; and they shall walk, and not faint. “They’ve got us surrounded again, the poor bastards.” - U.S. Army Paratrooper at Bastogne |
blackdiamond
User ID: 80474317 United States 05/21/2022 01:17 PM Report Abusive Post Report Copyright Violation | I'm thinking the same but the counter to that is the FED. Will the FED raise rates to the point that there is massive deflation,a crash of ALL assets. This would cause an economic melt down due to all the government debt out there. The consensus is the FED will do what they HAD to do last time . They will have to lower rates and pump the cash. I leveraged in to some farm ground last year. |
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roguetechie81
User ID: 72635779 United States 05/21/2022 01:26 PM Report Abusive Post Report Copyright Violation | even demand destruction won't help us out this time, wage increases were huge and not going to ever drop and .Gov is still handing out way too much free shi$ for those who refuse to work plus you have millions of newbies invading us through the southern border who are also getting free .gov shi$ and competing for housing, food, transportation and medical treatments etc. etc., we are also shipping Crude oil and other refined fuels over to Europe, Biden and the rest of the commies are not allowing the natural process of demand destruction to happen! Yes to all this. Not to mention that in order for demand destruction to work on equalizing something this far out of balance it's going to physically end a lot of humans in the process. Like to balance this back out you need to essentially destroy 50% of the population of the US along with the demand they represent. At that point because there'd be 50% as many workers and useless eaters the elite would be able to afford to pay the remaining workers and dependents enough to live on again. That's really the issue we're running into here. They're bringing in low skill parasites that will never actually drive an economy in such numbers as well doing other dumb financial shit to keep the rich from losing money to such a massive degree that in order for the rich to stay on top 150 million Americans "need to die". That's really the truth of "demand destruction" in an era when they've already stolen everything the middle class and working poor used to have. It's not enough for you to work 3 jobs, never have a vacation, and spend two full time paychecks a month just to cover your rent. The rich have decided that rather than not stealing so much, at least half of us have to die. roguetechie |
blackdiamond
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Larp Commander
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PatrikC325
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zzbudzz
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InTheGLPHood
User ID: 76340841 United States 05/21/2022 03:09 PM Report Abusive Post Report Copyright Violation | even demand destruction won't help us out this time, wage increases were huge and not going to ever drop and .Gov is still handing out way too much free shi$ for those who refuse to work plus you have millions of newbies invading us through the southern border who are also getting free .gov shi$ and competing for housing, food, transportation and medical treatments etc. etc., we are also shipping Crude oil and other refined fuels over to Europe, Biden and the rest of the commies are not allowing the natural process of demand destruction to happen! |
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