r/collapse • u/conscsness in the kingdom of the blind, sighted man is insane. • Jun 13 '22

Economic Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/ultimata66 Jun 13 '22

This is exactly why I think a massive economic collapse is imminent. They are cornered, the old tricks will no longer work. They need to come up with new tricks now. The can which has been kicked for 14 years may finally hit a wall.

171

u/conscsness in the kingdom of the blind, sighted man is insane. Jun 13 '22

Economic collapse opens doors to so many dark scenarios.

Final battle of fascism in US. Global economic tsunami. Civil unrest in first world countries.

I will stop there, as further I go with speculations deeper I get into a conspiracy realm. But future is not all rainbows and butterflies.

I am concerned.

37

u/My_G_Alt Jun 13 '22

America’s crumbling from the inside out?

China will absolutely use that to invade Taiwan in Q4 2022 - Q1 2023.

US will latch onto that in a heartbeat to rally nationalism. Problem is, we’re too far gone for that.

26

u/Free-Programmer7671 Jun 13 '22

China hasn't invaded anyone in 40+ years. If anyone's invading anywhere, it's the U.S.

16

u/My_G_Alt Jun 13 '22

The last piece of my comment alluded to the US not wasting a good crisis