if the system were evolving in isolation, I'd agree. In reality I have to imagine the fed starts pumping the markets at some point? esp w trump whispering [screaming] in powell's ear
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Pushing on a string. Service economy demand collapse is not something that can be contained even at 0% interest. I'd probably not take on debt right now even at minor negative interest rates.
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have you heard the good word on mmt? fiscal + monetary coordination we just got put on the fast track
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Welp . . . about to disobey your advice. In my defense, I'm often tacking into the wind, and this time feels no different.
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12 year cycle
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Hopefully, our feudal lords can help.
https://twitter.com/georgeclaghorn/status/1237880660527706115?s=19 …Thanks. Twitter will use this to make your timeline better. UndoUndo
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