The Duran
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
I still think that you are understating the economic problems. A full-scale depression is more likely than another recession.
Good piece. We are seeing the accelerating decline of late-stage American capitalism. Indeed, none of the structural economic problems which created the Global Financial Crisis (GFC; 2007-2008) were resolved. Instead, since 2009 the FED has pumped over $40 trillion of ultra-cheap money to support insolvent banks & creating the ‘everything bubble’- over-inflated stocks, bonds, and real estate, rising inflation and an orgy of debt. As a result, economic models set up after 2009 have been based on the flow of money at very low interest rates. As the FED has been raising rates, these models no longer work. Indeed, this… Read more »
We will be lucky to survive the Biden Regime and his knack for failing at all levels at every turn.
The ‘mirage’ is coming to an end.
Ever notice that Janet ‘no good options’ Yellen always looks like she is talking out of one side of her mouth when it is actually both? She must be a ventriloquist. Maybe she can claw back a few of those $Billions she recently heaped on her fellow traveler in Ukraine. Now that their army is collapsing on all fronts.