I’m hearing that a big ole crisis is in the makings.
Slightly spooked.
What do you think? Is it alarmist? What will inflation hit worst in this case? What will be devalued most?
I’m hearing that a big ole crisis is in the makings.
Slightly spooked.
What do you think? Is it alarmist? What will inflation hit worst in this case? What will be devalued most?
I dont know. It got bad in 1929 but it’s a very different world now where things occur and get fixed a lot quicker.
Back then the US was in a depression for 10 years.
https://en.wikipedia.org/wiki/Great_Depression
Well, the US is eating itself from the inside out. These things will take much longer to manifest but they’ll be way more insidious.