In 2009 I predicted a 20 to 40% decrease in US standard of living, starting in 4 to 6 years. Started sooner, otherwise on track.
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@emptywheel I don't remember. This was based primarily on post-fin collapse and right after the inadequate bailout plan. -
@emptywheel but China is now the # one consumer of oil, buying oil in Yuan. What US has now is still the place you go when nowhere else.
End of conversation
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@emptywheel I'm thinking /this/ might be the last "flight to safety in US" but... I dunno, not seeing who replaces unless China gets actThanks. Twitter will use this to make your timeline better. UndoUndo
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