It isn't catastrophic yet, but the 10 year yields are flirting with 5% which isn't good for the economy. There is a Fed rate hike decision next week, if they raise rates again, not a good sign. Conversely leaving rates unchanged will likely lead to continued inflation above 2%. So they are not hitting their goals. There is really nothing they can do. The government needs to start paying down the debt. So yeah... we are fucked, but not in a SHTF way. More of a slow bleed.

Anyways, that's my take.

I agree, just let it fucking explode. It’s well overdue, should have happened ‘21-‘22 but the US, EU markets have been held up by the banks and largest investment funds e.g. Blackrock etc. china has been paying out hundreds of billions to keep their system afloat too.

It’s a house of cards ready to come tumbling down.