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k98killer
Econ Lessons
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Comments by "k98killer" (@k98killer) on "Russia's Economy Bluff: Collapse Behind the Budget" video.
Hi Mark. Will you do an analysis of the US economy at some point, and particularly the ballooning federal deficit, federal debt, the Federal Reserve's accumulated losses being in excess of 4x their capital as of their most recent H.4.1 release (representing a 2.8% impairment of their assets), the Sahm Rule recession indicator (with 100% track record of 0 false positives and 0 false negatives) reaching the threshold, the recently de-inverted yield curve, and the historic bubble in US housing and stock markets due to foreign capital flows? It seems that everything has gotten completely out of hand in the US as well as in other nations, and I am wondering if it will be less awful on a relative basis due to other countries being in even worse situations or if it will be historic in proportion. The forward-looking indicators I follow show we are already in recession (except for Atlanta Fed's GDP Now forecast). The charts and numbers look quite scary.
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@EconLessons Comparisons to Argentina are getting pretty common. Might be worth comparing/contrasting the current US situation to the Argentine situation leading up to the corralito.
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