| ▲ | anovikov 19 hours ago | |||||||
What's the crisis? I mean, what makes you feel there is a crisis? I know social media can make anyone feel extremely anxious these days, but for real? | ||||||||
| ▲ | tsunamifury 19 hours ago | parent | next [-] | |||||||
Fair question, we are more on a edge (which who can say when truly til after the fact) but what I see as someone who has privilged position and data into global trade, GDP mandates, and monetary policy and its effects on the private sector is this: We are locked in a GDP fight globally between powers, triggering real world trade wars and hot wars based on a few hidden factors: 1) A far worse fertiltiy crisis than is publicly known (including timelines to its real effects being far closer) 2) An overabbundance of currency needing to find return in increasingly speculative arenas, an a levered debt system built that REQUIRES that return or risks catastrophic failure 3) A GDP fight globally where in the first to falter triggers a hot war 4) A collapse in social contract between workers and capital class, where in capital class have now publically stated they believe workers are no longer a neccesarry class (contradicting the real terms of point 1) 5) A set of economic rules that are being broken, sending us into the 'no playbook' zone of global stability This is an ultra toxic mix that is showing up all at once. | ||||||||
| ▲ | TacticalCoder 19 hours ago | parent | prev [-] | |||||||
> I mean, what makes you feel there is a crisis? U.S. M2 money supply tripling in 15 years. US gov public debt more than tripling over the same period. People from the middle class being unable to buy a house. The money printer has been going brrrrrr since a very long time and everything got badly distorted. My bet is that when the next financial crisis hits, we'll see helicopter Ben and hear the brrrrr again. The crisis in one webpage: P.S: that's not talking about a country like France, where the IMF shall have to intervene soon as public spendings are totally out of control and the public debt is running wild. | ||||||||
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