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recession

  1. Expect challenging economic conditions for the next five years

    SHTF/Survival&Disaster Preparedness
    snippet: The demand destruction from Covid will last for years. Demand destructuction is greater than Covid stimulus. Buildup up debt is inherently deflationary. Demographics are deflationary. By bailing out failed corporations, the Fed is creating more and more zombies...
  2. Risk of banking contagion ahead?

    SHTF/Survival&Disaster Preparedness
    A bit of an uneasy feeling here, ladies and gentlemen. I'm seeing more articles in the WSJ about risks to lenders in various sections (e.g. commercial real estate, personal housing, auto loans). The US is talking about some BIG money give-aways, but it won't be enough if there is a 10-15%...
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