Right now we have a liquidity crisis.
Why?
Because interest rates are going higher.
Causing everything to cost more money.
So people has less to invest and the investments they do have are going lower.
So they can't go back up again until they look attractive enough again.
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Replying to
Feels like this is the first recession everybody knows is coming because of social media
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Yes but also we’re reaching or at a point where consumers can’t/won’t pay the market price for goods which will drive prices down. Just a matter of timing.
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