The writer is assuming that the US economy will stagnate for years and NOT RETURN to normal growth levels at all.
Anyone here willing to bet their money that this will happen?
Why should anyone bet money; if they win they get paid with worthless dollars. How about the same offer in gold?
Not on gold. However, I do firmly believe that an economic collapse of epic proportions is coming, followed shortly thereafter by a societal collapse. I really don't even see how it is avoidable at this point. They might be able to slow the train down some, but the wreck is going to happen regardless. What they (the Fed and the Federal gubmint) are doing now is equivalent to throwing the entire contents of the tender car into the fire box.....IOW, we're gaining steam, rather than venting steam.....and it's deliberate.
“””Anyone here willing to bet their money that this will happen?”””
Yea and verily, been 95% PM since early 2008 and my net worth has almost doubled and missed the market crash. Not really any richer just have not lost any purchasing power.
took us a generation to get into this mess, going to take a generation to get out of it.