Quote:
Originally Posted by Tyga11
The economy is in great shape...
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Yes, it's an amazing shape... the only thing holding this house of cards together is a consumer who appears to be willing to go into debt at all costs to continue spending lol.
CPI is roaring back, jobs numbers that are revised by 50% after a month, auto repos are roaring up and household debt is at an all time high...
This only goes two ways... spending slows and we slip into full blown recession... or the govt continues to paper over the problem when the money printer is turned back on by the end of the year full blast... resulting in well even further inflation. Our current scenario is absolutely decimating people at the middle income and below.