And I don’t mean just 2008 doomer radio doomed like I used to broadcast via shortwave radio.
I think this time we are doomed like Great Reset aka, civilization as America knows it doomed.
Think about the following chart:
- Every time it has happened, a recession followed.
- Every time it has happened this century, housing has peaked with equities then crashed 30-60% depending on the region.
- Every time it’s crashed, political upheaval followed.
And that’s just the happy-happy joy-joy outcome.
It gets worse thought. A second chart courtesy of Alexi Arora via Twitter tells even the most basic individual that this time is beyond different:
This is the first time in US history since the Great Depression that a modern economy with spoiled rotten brats as a population has ever entered into a major recession, much less a depression, with a food shortage, war, and potential currency collapse at the same time.