once the ball gets rolling its hard to stop especially if you start to see ppi/cpi turning negative after massive rate cuts
who knows at what point the banks get back on their feet and american's are ready to start swiping CCs and buying homes on easy credit again?
that's hard to predict
from my vantage point the US economy and the world at large has alot of flushing out to do before we reach what's sustainable for the new credit environment of the future....now that we are taking central banking and government actions not seen since the last great depression......
and also kinda depends on how many people get sent to the poor house and get dealt a serious lesson along the spiraling way
the psyche of loving credit to hating credit can really flip hard and quickly sometimes....
deflationary spirals are very mentally instilled in the economy so its very hard to really understand it or even have an idea when it will end
things get very very very very undervalued during deflationary periods....
who knows at what point the banks get back on their feet and american's are ready to start swiping CCs and buying homes on easy credit again?
that's hard to predict
from my vantage point the US economy and the world at large has alot of flushing out to do before we reach what's sustainable for the new credit environment of the future....now that we are taking central banking and government actions not seen since the last great depression......
and also kinda depends on how many people get sent to the poor house and get dealt a serious lesson along the spiraling way
the psyche of loving credit to hating credit can really flip hard and quickly sometimes....
deflationary spirals are very mentally instilled in the economy so its very hard to really understand it or even have an idea when it will end
things get very very very very undervalued during deflationary periods....
