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Now that we're here, it could take a decade or longer to just get back to anemic growth.
The stagflation we saw looming on the distant horizon back in the mid 00s has finally arrived. It only took a global debt market financial collapse, the Fed printing so many 0s that it's easier to state their balance sheet in scientific notation, and a 2.5 year long undeclared state of global martial law, to finally release it upon us.
Now that we're here, it could take a decade or longer to just get back to anemic growth.
That is, unless another one of those formerly rare black swans decides to join the gaggle.
Our glorious MIC is pumping on all cylinders now (thanks, Puton!) and will be the engine pulling us out back to growth.
I'm "anti-war" - I do dislike the senseless killing
The MIC is what is destroying, and will ultimately destroy the United States.
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No graphs. No charts. No equations. Just your comments.
Today should be a good day to talk about inflation. It affects us all, like Death and Taxes.
Randy H