I replied to your comment in the first place to make the point that they can do austerity w/o imploding markets here (as opposed to like Greece & Spain in 08), because the capital interests pressuring for austerity are domestic instead of colonial.
Oh yeah, they can cut or privatize pension system simultaneously, but that’s even more fuel for stock market. Who knows I’m just a cranky guy looking sometimes at Kondratiev waves lel, which should hit around 2022-2030. But outside of hyperinflation and dollar collapse, business implosion through debt (which they seem to avoid by printer) or war I don’t see a reason for it, so I’m kinda wondering what will happen. Edit: There is also deflationary spiral danger despite money printing, if the economy reaches saturation (a la japan), but that seems even more unlikely, considering usa position.
Gotcha. Yeah I'll be shocked if they do that.
I replied to your comment in the first place to make the point that they can do austerity w/o imploding markets here (as opposed to like Greece & Spain in 08), because the capital interests pressuring for austerity are domestic instead of colonial.
Oh yeah, they can cut or privatize pension system simultaneously, but that’s even more fuel for stock market. Who knows I’m just a cranky guy looking sometimes at Kondratiev waves lel, which should hit around 2022-2030. But outside of hyperinflation and dollar collapse, business implosion through debt (which they seem to avoid by printer) or war I don’t see a reason for it, so I’m kinda wondering what will happen. Edit: There is also deflationary spiral danger despite money printing, if the economy reaches saturation (a la japan), but that seems even more unlikely, considering usa position.