Comments by "worn down" (@worndown8280) on "Next Recession Imminent (Ignore Fed)" video.

its not, I sold my home in Northern California in May, the housing prices peaked in June. they are trending down now.
3
No there are massive shortages everywhere. Places are going to close simply because they have no product to sell. They can print all the money they want, but if their is nothing to buy, there is nothing to buy.
2
@NicKennelty Everyone else is printing like mad too. So relative to other currencies it will stay the same. At least I assume thats the plan
2
@BillGreenAZ it won't implode. Monetary increase relative other currencies means its value won't change, if other nations do it as well. What this will allow is the servicing of national debt. That's why the fed won't raise interest rates. The fed gov would default. Which would lead to other nations doing so as well. But this only will work so long as gdp increases. The moment it stops, like the "pandemic" the wheels fall off. And now it's just a case of when not if gdp reduces across almost all nations.
2
@newnauk the labor issue is a sign that there are to many businesses offering services. The dead wood in the forest needs to burn. 2020 was the peak of our demographic trend anyways. It's all down hill from here. But be patient, prices are retracting in many markets. Good luck to you both in your life together.
1
@SAND BLAST your ignorance on California politics not withstanding, no one can fix California's problems. Its in systemic failure. The state is already dead, most people don't know it yet. No governor could fix the issues there even in the best political climate. All that said, Newsome is a fool and a grifter.
1
@breckandy yes indeed. I'm happy for you both.
1