Quote:
Originally Posted by oneclickplus
My predictions:
1) escalating debt into 2025 with no end in sight.
2) inflation getting worse no matter what the fed does with interest rates
3) real interest rates will rise even if the fed lowers the fed funds rate
4) food inflation to skyrocket as the country's ability to grow its own food declines; anything imported whether food or not will get more and more expensive
5) business closures and job losses as far as the eye can see.
6) any number of "black swan" events (attacked by Iran or other, massive earthquakes or yellowstone blowing its top, terrorism from illegal migration, etc) could accelerate or exacerbate our decline.
7) crime & violence accelerating on a near vertical trajectory.
Jamie Dimon is wrong. The odds of a soft landing are 0%.
You won't recognize this country in 2028.
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If you really believed this, you would be selling your home in the US and moving to one of the up and coming BRICS nations. Are you?
I agree that you won't recognize the US 5 years from now. but maybe not entirely for the reasons you think.