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Frederick Miles
Uneducated Economist
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Comments by "Frederick Miles" (@frederickmiles8815) on "If The Rest Of The Economy Behaves Like Lumber, We Will Have High Inventory And No One Buying" video.
Correct, love your content, and this all points to a depression - but alas I am a contrarian. But the I just see 1928-29 as consumers cant meet inflationary price surges - leading to profit crunches and reduction in production and slowing or destruction of the supply chain.
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@0825LIZ watch the PMI, inventories grow and increased costs cant be absorbed or past on. Those jobs will evaporate and benefits will be slashed. We are coasting off of fumes at the moment.
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@0825LIZ I wouldnt call Blackrock people, but w/e. And trust me there is massive tightening in bank lending and everyone is massively over leveraged. Margin calls at close to '08 levels are getting closer by the day; little HFs first.
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