RE:RE:RE:RE:INFLATION alive and well.....time to short the marketsFair enough but I don't think things are going to quiet down. China talking about currency devaluation, Russia vows to retaliate and if Trump and his ilk are going to take an ax to government there will be serious consequences .....where do those laid off gov workers go? All the programs supporting infrastructure build out, the environment etc? It's not going to happen.
The only reason "markets" are where they are, why there's rampant gambling in crypto and meme stocks is because of this....DEBT...money spent into existence giving the illusion of prosperity.
The US is spending $1 Trillion on weapons of war, have unfunded liabilities in the tens of Trillions, now pays more than this military spend fest on interest on the debt....there's a "refunding wall" right in front of us where 100s of Billions comes due...who's going to lend to them so they can kick their cans with more debt rollovers?
Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago