It's going to be interesting.
I'm sure the Fed is under enormous pressure to not raise rates. The servicing of the US debt is already crazy, but add a couple more points to the rate? They are fucked.
So inflation will hit and the fed will be very limited how high they can raise rates to stop it, and even a moderate increase will likely cause a huge stock sell off.
Yes
The moment there's an actual rate raise, not a maybe, not a charade; an actual raise
At that moment, the plug is pulled
>even a moderate increase will likely cause a huge stock sell off.
lol...
Yep. I hope people are positioning themselves for it, but I know most aren't. Hell look at all the idiots on RH over at WSB. Sure some are turning thousands into a million but much more and losing it all, and you know it is way more than those who are posting about it.
It's going to be like the fall of the soviet union, but worse, in the sense that pretty much the entire world will go bankrupt instead of just one block while the rest is doing fine
During the soviet collapse, people didn't own guns, so idk what will come out of this in america, probably an awful lot of good and bad
Also, in soviet russia (mcdonalds eats you) pretty much everybody "owned" a home, most things were state owned. In the US it's kind of like the opposite and it's only going to get worse IMO, for obvious reasons, during a SHTF moment
(post is archived)