ruina imperii Americanus
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#EconSky Anyone else notice ~30% of US GDP is just extractive churn? HFTs, PE debt games, naked options, FIRE grift. None of it builds. Meanwhile productive sectors face stress, regulation, or offshoring. Admin response? Subsidize decay, penalize creation.
Reposted by ruina imperii Americanus
Reposted by ruina imperii Americanus
stagflation is the best timeline. A severe recession is the middle of the road. The fed only has mandates for inflation and employment. They care way more about inflation. If inflation ticks up, expect rate hikes. If they don't raise rates that will be stagflation like in the 70s.
Reposted by ruina imperii Americanus
At the current rate of Drumpfs approval declining, people might be keep to do something in the 5th year of his term.