Let's review this in a month-----And Suddenly Things Change - by James Howard Kunstler

“The global economy is becoming unburdened by what has been.” - Jordan Schachtel on “X” - by James Howard Kunstler

That two-by-four upside our country’s head you’ve been waiting to get whomped with? 

Looks like it’s landing now. 

• We got a banger in 2008, but it didn’t make a much of an impression...Hank Paulson and Fed Chair Ben Bernanke came in like a code blue squad and hooked up the banks to an IV-drip speedball of cocaine and heroin, i.e., “money” that didn’t actually exist (a.k.a. “liquidity,” hallucinated capital), and that crew kept it coming for years.
• And then Janet Yellen and her posse kept it coming with never-ending zero interest rate policy (ZIRP) until the national debt canceled America’s future. 
• And that left Jerome Powell pretending there was a way out of this doom-loop. 
• Then came the repo market spasm in September 2019 that freaked out the blob so badly they shut down the whole world with Covid and locked-down economies. 

And everything since then has been a waiting game.

The financial world was in hospice...

• You understand this can’t play out like it did in 2008-9. 
• The authorities are out of tricks and out of fake money...