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Curious Crow
Eurodollar University
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Comments by "Curious Crow" (@CuriousCrow-mp4cx) on "Chinese Company PLUNGES 30% (This Confirms Everything)" video.
Are you on the right channel? Macroeconomics is not economics 101. It's a specialist niche. If you just want the basics go to Khan Academy.
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The Crash is happening that's why the Fed will be cutting interest rates next month because the Fed is always behind the curve. And their policy is a risk factor as well, because they cannot predict the imact of their policies as their only tools take months to have any meaningful effect in the Real Economy. But the Fed prioritises the Stock Market, which is no longer tethered to the Real Economy. So just because the NBER hasn't called it yet, isn't surprising. Go back and check when the NBER calls recessions. You'll find it's usually around a year after it actually started. Keep on thinking the stock market is an analogue for the real economy and you'll follow it over the cliff, because it's the last place to realise the brown stuff is hitting the fan.
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