I'm not sure if "depression" is the word if you're never going to get out of it. Something like half of the USA's GDP is because of our position as Leader of the Free World, and that just broke.
Does that mean that, while EU interest rates might potentially weather the storm, basically any other central bank is going to have to jack rates up dramatically? Random family in Peru can't buy a home because a third of americans decided that racism was more important than prosperity?
Thank you. I have never been able to wrap my head around bonds, rates, yields, and all this. Question: if you had an investment that is in a “safe” t-bill money market because you need it for, say, your child’s college education, where do you put that now? Is there anyplace safe? In my pillow?
omg, i would not want to be in treasury hedging risk for an IB in this environment. can you imagine?
between
-equity positions in a manipulated market
-interest rate risk when facing possible stagflation
-and forex during this trade insanity?
this is fucked
These sorts of features really should be prominently explained on the promotional material for a concert. I feel like the consumer should be sufficiently informed to make these sorts of choices well in advance of the lead singer taking the stage and rhetorically asking if you're ready for them.
I’m just a sheltered prude, so while I full well understood there was to be no nonconsensual bumf*ckery, and certainly not out in the open, I also clinched up a bit in my seat and gave the guy some side-eye.
I got to see the show I paid for eventually. (Well, I suppose technically I paid for all of them. Was only actively interested in one though.) And it was awesome.
I know some people say Fall Out Boy is cringe and I don’t care. I love those guys. And next time I see them live, I’ll be able to stand up during the show and dance like the uncoordinated white girl I am.
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I kinda suspect a global recession, as the world pivots away from the US as the economic center.
I think it’s entirely possible it’s a depression for the US
I don't want to be a downer, but if there isn't an extreme intervention, very soon, I don't know how the global economy continues to exist.
Also to folks replies which answered further questions.
Much appreciated.
between
-equity positions in a manipulated market
-interest rate risk when facing possible stagflation
-and forex during this trade insanity?
this is fucked
It’s not as dangerous now. But still pretty bad.
Me: [thinking] “No, that’s not why I came here today.”
Him: “You ready to get F*CKED IN THE ASS??!”
Me: [thinking] “No, that’s DEFINITELY not what I came here for!”
Which, I knew it was in good fun then. But in the context of the current moment, it feels a little harsher in hindsight.
The real blame lies with those who sat it out
Another bond / currency takes over (looks at the Euro).