Submitted by RockyattheTop t3_z917t4 in wallstreetbets
Alexa_is_a_mumu t1_iyeroin wrote
Reply to comment by RockyattheTop in Economy Bad = Moon? by RockyattheTop
Sure Dude waiting for Jay Powell to show up with the words PIVOT written on his forehead🙄. What goes down must come up and vice versa.
throwawaybrokenh34rt t1_iyf62jr wrote
You think what we’ve done over the past year is the correction down? Bro S&P is basically up 470% since 2009 and almost 2000% from 1990.
QE infinity and the exponential growth of the past 60 years has absolutely fucked us.
There is nothing tying the USD down. It’s the WRC.
All this money is fucking credit. We got 30 trillion in debt and less than 5 trillion in revenue.
True interest expense is already 110% of tax receipts.
Fed is fuckin bankrupt dog. There’s no fucking liquidity. There in a triple loss position.
Stop printing money? Fed defaults. Raise rates? Sovereign Governments default. QE? Inflation rips higher.
Murphy’s law about to hit bulls hard.
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