What will Kamala Harris do about crashing financial markets? Does she have a clue? From James Howard Kunstler at kunstler.com:
“The global economy is becoming unburdened by what has been.” — Jordan Schachtel on “X”
Note: Forgive formatting oddities. . . Writing on clunky iPad away from home. . . .
That two-by-four upside our country’s head you’ve been waiting to get whomped with? Looks like it’s landing now. We got a banger in 2008, but it didn’t make an much of an impression. Maybe you don’t even remember these people, but then Treasury Secretary Hank Paulson and Fed Chair Ben Bernanke came in like a code blue squad and hooked up the banks to an IV-drip speedball of cocaine and heroin, i.e., “money” that didn’t actually exist (a.k.a. “liquidity,” hallucinated capital), and that crew kept it coming for years.
And then Janet Yellen and her posse kept it coming with never-ending zero interest rate policy (ZIRP) until the national debt canceled America’s future. And that left Jerome Powell pretending there was a way out of this doom-loop. Then came the repo market spasm in September 2019 that freaked out the blob so badly they shut down the whole world with Covid and locked-down economies. And everything since then has been a waiting game. The financial world was in hospice.
What if the CPUSA (D) hates the wymyns?!
Hillary thought she had it all wrapped out then Barry.
Kamal will be left holding the bag as it all wipes out and they both (preezy & vpeezy) get thrown overboard?
Read that Trump says no CBDC but Brandon’s auto pen has already signed the order.
Breaking from Gravewürm:
Crown Of The Fallen