No Recession In US?
We are in a very volatile environment with bouts of inflation and deflation fears going up yearly. Given that the federal government has, depending on various estimates, $70 – $200 trillion in off-balance sheet debt and obligations over the next couple of decades, we are seeing inflation much higher than reported in the grocery store, gas pumps and elsewhere. So, when politicians say, ah, look companies are showing tremendous profits, and no worries, Christmas is around the corner so shipping will double, and as for oil prices, well look, they have come down. Everything is stabilized, even if you don’t have a job to get to work. Now that Apple products are hotter than ever and tech is humming, and if people need money QE3 QE4, QE5, QE100 will be available with Uncle Ben to stave off recession. But with that many little green pieces of paper floating around, how much is any one of them going to be worth?
We are in a very volatile environment with bouts of inflation and deflation fears going up yearly. Given that the federal government has, depending on various estimates, $70 – $200 trillion in off-balance sheet debt and obligations over the next couple of decades, we are seeing inflation much higher than reported in the grocery store, gas pumps and elsewhere. So, when politicians say, ah, look companies are showing tremendous profits, and no worries, Christmas is around the corner so shipping will double, and as for oil prices, well look, they have come down. Everything is stabilized, even if you don’t have a job to get to work. Now that Apple products are hotter than ever and tech is humming, and if people need money QE3 QE4, QE5, QE100 will be available with Uncle Ben to stave off recession. But with that many little green pieces of paper floating around, how much is any one of them going to be worth?
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