Archived Tick - Tock: The Economy Is Likely To Implode Within 27 Months (youtube.com)
submitted ago by BlackSheepBrouhaha
Posted by: BlackSheepBrouhaha
Posting time: 1.5 years ago on
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Archived on: 8/29/2019 10:00:00 AM
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Archived Tick - Tock: The Economy Is Likely To Implode Within 27 Months (youtube.com)
submitted ago by BlackSheepBrouhaha
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[–] BlackSheepBrouhaha [S] 0 points 1 point 1 point (+1|-0) ago (edited ago)
1-10 year bond yield curve inverted, meaning short term interest rates are higher than long term interest rates. This indicator predicted the past 7 recessions. We'll see a lot of debt defaulting, deflation, and quantitative easing to maintain asset prices. This tumultious period will dry up lending and thus the velocity of money and slow the economy until prices match the productive output, or governments reset their currencies to erase the debt.
[–] Delacourt ago
Good to know. Thanks.