Ask Trump?
I don’t think he posts here.
What do you think the reasons are?
Haven’t a clue.
When a balloon over-inflates,
it is folly to say “this popped it” or “that popped it.”
A balloon pops because that what balloons do.
It’s a credit event
housing,
crypto,
the stock market,
oil (commodities),
consumer prices,
the metaverse and
bananas taped to walls.
A rates-induced boom —> led to a rates-induced bust.
The solution is something other than another phony, rate-induced artificial boom.
Yes. A trade war.
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