To be clear, if it were a truly “free market” then the US absolutely should be in a recession.
But the MASSIVE amount of fiscal (government) spending is *artificially* boosting GDP and preventing an official recession to occur.
Can they keep up the charade throughout 2024 and allow the underlying economy to recover?
Or will their actions only serve to worsen the inevitable outcome?
I give it 50/50 odds.
Let’s see what happens. 🍿
Yes, they can and they will, kicking that can down the road with a global network like the USD coupled with world reserve currency status, no problem, they got another decade of deception in them. That's the exact purpose of the money printer.
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They have some other tricks this round, see UVIX being used to crush the VIX.
I’m over it Jeff. All anyone can do is stack sats and hope for the best. Own some other high quality assets too like stocks and real estate.
There goal is to keep us propped up past the 2024 election cycle to keep the narrative going. Who knows what will happen.
Great question Jeff. Common sense says the collapse must be close, but it seems the powers that be keep pulling rabbits out of their hats.
