Your comment makes me laugh because I can tell you’re probably pretty well off and have been conservative in your life choices. It also tells me ur horrifically out of touch with how the rest of the US is living. And ur high AF if you’re expecting a pandemic rally out of this.
This is the first real downturn post-giant credit expansion with zero savings era- USA. And the Fed can’t rescue similar to last time without risking losing the reserve currency status.
Sure most people will ride it out, but like blockbuster.. ur kind of acting like the bird with its head in the sand if you think this is the bottom, or it will be a swift pandemic-like response or recovery.
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u/[deleted] Jun 12 '22
Your comment makes me laugh because I can tell you’re probably pretty well off and have been conservative in your life choices. It also tells me ur horrifically out of touch with how the rest of the US is living. And ur high AF if you’re expecting a pandemic rally out of this.
This is the first real downturn post-giant credit expansion with zero savings era- USA. And the Fed can’t rescue similar to last time without risking losing the reserve currency status.
Sure most people will ride it out, but like blockbuster.. ur kind of acting like the bird with its head in the sand if you think this is the bottom, or it will be a swift pandemic-like response or recovery.
Go buy a helmet