Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Walmart is Sending a MAJOR Warning to the Economy" video.

  1. That's not going to happen, because that's only a symptom and not the cause of the problem. The real cause of the problem is that USD is valued too high for the productivity of its economy, and that wealth inequality - the disparate distribution of asset wealth - is reducing the ability to cushion the blow of inflation hikes. You have a fantasy economy where it's supposed to be driven by consumers, but nobody wants to pay those employees in real terms so that they can actually save money. Real wage growth has fallen behind inflation for the last 4 decades, and to maintain their living standards those workers took out debt. So the great GDP figures are phooey. First the Assetless Income Constrained Working class Employees, got deep sixed, and now it's the turn of the middle classes to suffer while the Asset Wealthy hoover up most of the money, and spend very little on consumption. Rather, they keep buying more and more assets. It's the low or no asset owners who are seeing both their purchasing power and Net value being eroded, mainly because politicians listen to financiers, bankers, and other wealthy assets owners, rather than those who depend on a wage for survival. Accordingly, the economic system has been unwittingly arranged for the Asset Owners to get even more wealthier and everyone else to get priced out of asset markets. Inflation was the tide going out, so everyone could see who was swimming naked because of the absurd logic underlying Neoliberal economics for nearly the last 5 decades. And the chickens are coming home to roost. And it's was written about by an 18th century Economist called Richard Cantillon. And the problem is that nobody wants the gravy train to stop. But the impoverishment of both limited and non-asset owners and their government will not stop, until the wealthy asset owning junkies and are forced to go cold Turkey, and consumption is no longer driven by mostly consumer debt. Until employees wages match inflation, and the overgenerous flow of assets to the already asset wealthy the pandemic is recouped by taxing ithem, nothing will change, and your descendants will get poorer.
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  2. You have deflation because the rate of inflation - the speed that prices are rising - is slowing. Disinflation ≠ Deflation. And you can read why on Investopedia or Wikipedia. Then you'll know the difference.
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  3. Pick your poison: 2Y10Y inverted les than 24 months ago. Same with the original 3M10Y yield curve inversion. The 24 months for the first ends in July 2024, and the latter in October 2024.
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  4. Until you can demonstrate that, it's summer breeze.
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