Comments by "worn down" (@worndown8280) on "Tell Me This Isn’t SIGNIFICANT! Layoffs and Bankruptcies Ramping UP" video.

  1. People wont have a choice when they lose their jobs, 3% mortgage or not. This is the same thing that happened in 2009 when most companies started shedding workers. Then, even if you keep your job, housing prices drop and your 3% loan for a 400k home that you felt lucky to get is now only worth 250 or 300k and then you do the math and decide if its cleaner to walk away. A lot of this is just people trying to cope with being in a very hard economic position. Though I wish you luck.
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  2.  @mg-by7uu  how are we destined for hyperinflation when the money supply is decreasing at the fastest rate since the great depression?
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  3.  @mg-by7uu  maybe, but massive inflation is not hyperinflation. Which was my point. People like to use that word a lot. And most of them dont understand it. The ugly truth is we dont have enough workers for all those companies. People dont grasp the massive change in demographics. For every 2 boomers leaving the workforce we only have one zoomer coming into replace them. So for a lack of a better word, we need a little creative destruction. This is the Feds plan, they have said as much. I hope they stick to it. God help us all if they dont. Which they probably wont, but hey let me be naive and happy a little bit ok.
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