Stagflation is Here Now

Posted by Abaco 3 years, 2 months ago to Economics
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Massive inflation along with a negative GDP 1st quarter. If this quarter is negative we're officially in a recession. Meanwhile, the beady-eyed sock puppet with dementia is talking about taking oligarch's yachts after screwing up our domestic energy production. As I've been saying, "Hold on to your hats." Through luck and skill I went to almost all-cash a couple months ago. If put options weren't so expensive I'd be loading up on them...still might...

All Comments

  • Posted by $ Markus_Katabri 3 years, 2 months ago
    I’m sure the narrative will trumpet that, like everything else, it’s Putin’s fault.
    Who would have thought that a squabble between former Soviet Bloc countries would send the world into such a tizzy?
    Never let a crisis go to waste.

    Side note: I like how you think mhubb.
    Just bought 500lbs of salt for brining and barter.
    Probably more soon. The opportunity cost is low. And if it pans out......
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  • Posted by Commander 3 years, 2 months ago in reply to this comment.
    Watch those batteries. Make sure they are of similar weight if replaced. Have found "light" batteries and failure up here in the cold lands over this past winter. Doe Run lead mine in Missouri was the last land use WEF, Agenda 21 victim in the US.
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  • Posted by $ jbrenner 3 years, 2 months ago
    Does anyone remember "managing the decline"? That is the phase the looters are in now.
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  • Posted by Commander 3 years, 2 months ago
    I've converted almost all cash to infrastructure. If the currency is cancelled I trade my agriculture skills and manufacturing skills.
    Reply | Permalink  

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