I've been seriously hoping for a downfall for over a year.
With inflation and everything else, it is inevitable.
Chicken/egg, high fuel prices and a bad economy are like peas and carrots.
Americana are status hungry and use possessions to show their borrowing
power. Solvency isn't judged. Ownership either.
What they drive, where we live, our vacations(hunts?) are.
We are coming out a of a time of crazy home and car prices. The 2 biggest
reasons for large debt. Couple it with inflation, especially fuel and food.
And just like 2007, Americans are overleveraged at a really bad time.
Been hoping for a fall because I fear the only thing holding the cards up
is increasing high percentage debt.
The longer we prolong the reckoning, the worse it will be.
My employment is a great countra-indicator.
We run off cycle traditionally, our five year outlook is currently better than
any time in this century. And it keeps getting better. It has never mirrored the general economy except in the early 80s.
Just a factory worker/piss poor philosopher,
probably not worth the time taken to (poorly) compose it.
