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Pastimes : The Philosophical Porch
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To: Rarebird who wrote (26109)6/12/2025 12:40:35 PM
From: Real Man   of 26251
 
Bubble blowing in the United States caused enormous twin deficits which Trump now doesn’t know how to even start to tackle. The underlying truth is that the structural changes to US economy caused by decades of running asset bubbles will take decades to unwind. Who needs to work when riding a bubble is an easy way to riches? When everyone trades instead of working, hyperinflation begins. Easy profits, faster money, fewer goods. No need to worry about real estate, the Fed will bail me out for sure. -g-
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