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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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The FED in 2022 had to start raising interest rates or face a Weimar USD moment...they are going to have to continue to support the USD by raising rates..until the USD is in equilibrium with it's intrinsic value...no matter the cost to the economy..the end result for the American people is the end of an era of abundance... and a collapsing standard of living..
The US govt is going to have to deficit curb spending.. if the govt is shut down in the attempt Standard and Poors might very well downgrade the rating on US debt as they did in 2011. This will have consequences..
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"Some Observer"
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