2008 housing crash would have collapsed the economy if they had let nature take its course. Instead, they printed $15 trillion dollars since then proping up the economy against a healthy, rejuvenating crash.
The coming collapse is going to be epic. I’m not suggesting a timeline. The Fed Gov seems to be able to keep the smoke and mirros going far longer than I ever think they can. Still, it is just a matter of “when”.
October 2022................................
2008 housing crash would have collapsed the economy if they had let nature take its course. Instead, they printed $15 trillion dollars since then proping up the economy against a healthy, rejuvenating crash.
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Indeed. the 2008 crash was papered over. Instead of flushing out the bad actors and punishing those who made reckless financial decisions, they were instead rewarded. The not-politically-connected were wiped out. It has been a debt-fueled fake recovery ever since 2008.
The collapse is a Mexican stand-off. If the US economy crashes, it takes down the world economy. I believe that is why the Fed and the other governments propped up businesses in 2008. They wanted the relatively small correction rather than the world-wide depression.
)The coming collapse is going to be epic)
As I’ve mentioned a few times before, I believe worldwide economic disaster will bring on the Antichrist. Bringing down the USA seems to be necessary to allow the Global political beast of Daniel 7:23.
It seems to me that forces are trying to bring down this country. /Captain Obvious
Meanwhile, people hope to return to “normal” - what we once knew as normal will never return, IMHO.