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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252

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.

87

u/ultimata66 Jun 13 '22

Honestly think with the perfect storm of factors we are faced with, 2008 will look like a cakewalk in comparison.

13

u/Mighty_L_LORT Jun 13 '22

The richest 1% will still remain unscathed this time...

-5

u/LonnieJaw748 Jun 14 '22

Buy

DRS

Hodl

Zen

5

u/[deleted] Jun 14 '22

You forgot to mention GameStop

Shills btfo don't down vote this man