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worn down
Eurodollar University
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Comments by "worn down" (@worndown8280) on "Eurodollar University" channel.
Markets are so bloated and so manipulated that any attempt to return them to normalcy risks catastrophic failure. Either way this goes, we die by inflation or deflation. But we still die.
14
Imagine a country who built over twice as many homes for people in the country. Imagine this same country has officially admitted to a declining population, thought its probably been declining for over a decade. Imagine this same country is centrally ran and the banks have been told to not only stop lending but to also to lend as to keep the economy moving. All while anyone with sense is trying to make their capital find a safe place, preferably outside the country. This is China.
8
irrational exuberance rules.
5
Its a real Scooby-Doo mystery. lol
5
With the amount of zombie companies there are, it will be both huge and series.
5
historically high debt sitting in the corner, "Am I a joke to you?"
4
I just filled up in East Tennessee for 2.78 a gal for regular. Diesel was 4.02. When I saw Diesel that low I knew things had to be bad.
4
@williamray880 well not the volume of houses. And considering thats were most Chinese people put their wealth. I feel bad for the common Chinese citizen. Shit is coming undone. I expect to start seeing financial articles with "unexpected" in it.
3
@martinbonev2917 probably. That inflation goes bang. And interst rates explode. Either way rates are going to go up long term. Late 70s all over again.
2
They expect labor costs to be offset by the hordes of migrants coming across the southern border. But there arent enough numbers. I dont think most people understand the economic impact of our current demographics and the deflation of the bubble the boomers caused. But then you consider the reshoring of all the industries that the US exported since the 90s and wage inflation is here to stay.
2
@hemiedwards217 Communist lol. They were tribal. Some of the weaker tribes formed confederations. If anything their system resembled a type of early feudalism.
2
If people drop out of the labor market, the 600k plus, and unemployment stays the same, you would expect to see an upward tick in the labor participation rate, because there are fewer workers, which you dont. In short the government is lying. Its an election year after all. Dont believe your lying eyes.
2
international buyers. A lot of people looking to place their cash in a safe place.
2
They have just been over counting and needed to balance the books so to speak. We have been in a recession already. But because its an election year its just going to be bad data after bad data. And the revisions will have revisions.
1
@wagashimanju ok ok, safer. A lot of Chinese money looking for a safer place. Yea they might lose 20% here but its better than losing 80% at home. Think of Japan in the late 80s early 90s but on crack. And then throw in a dozen other nations in similar shit shows and their banks. Thats a lot of money.
1