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The New Coffee Room

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  3. The Worrisome M2

The Worrisome M2

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  • JollyJ Offline
    JollyJ Offline
    Jolly
    wrote on last edited by
    #1

    Not since the Great Depression...

    https://www.foxbusiness.com/economy/new-data-reveals-crash-not-since-great-depression-could-hit-2024

    “Cry havoc and let slip the DOGE of war!”

    Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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    • taiwan_girlT Offline
      taiwan_girlT Offline
      taiwan_girl
      wrote on last edited by
      #2

      The latest economic data shows the annual M2 money supply growth rate has been negative for the past three quarters, meaning the amount of money available is shrinking rapidly.

      Interesting reading, but in regards to the above, I think it was you or Jon that pointed out that it was coming down from a level that was way way above anything seen before.

      If that occurs, I hope Americans remember who deserves the blame.

      Who would that be? The US government? The Republics and Democrats together?

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      • jon-nycJ Offline
        jon-nycJ Offline
        jon-nyc
        wrote on last edited by
        #3

        We quite literally tripled the money supply in the spring of 2020. It seems to me contraction is a mean reversion.

        Person. Woman. Man. Camera. TV.

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        • Doctor PhibesD Offline
          Doctor PhibesD Offline
          Doctor Phibes
          wrote on last edited by Doctor Phibes
          #4

          Predictions of the biggest crash since the Great Depression are a fairly regular occurrence. I'd be a little worried if people didn't start predicting them.

          I was only joking

          1 Reply Last reply

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