We are going to have another economic disaster this decade though. Not much different than a 100 year flood plain. 
We may. I am not into predicting predictions. We have had more economic disasters during our lifetimes than previous generations of the 20th century. It’s not fun. This is like the third one in a decade and a half. No thanks. Can we have a do over starting in 2000 (and no i don’t mean presidential election just a do over)
I won’t argue what it was for you, but it certainly wasn’t for improving this country. 
(I really wish we had that razz emoticon from the old board. It was the best one 
)
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Yes, unexpected by whom?
The US and other western countries are buried under mountains of government debt. Massive expansions in the money supply to fund the debt and interest payments are driving inflation.
Japan is nearing the point of a death spiral where any increase it is printing more money to make payments on debt. This increases inflation, which increases interest rates, which results in printing even more money.
We could be heading towards 1970s-style stagflation or possibly even hyperinflation.
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It’s a good time to know how to make food.
Canned goods and shotguns could become the most valuable investments.
Regarding shotguns, there are adapters that enable different calibers to be fired (single or double barrel only).
A gun that can fire any common round is a scavenger’s dream.
Gaius
392
Funny you should mention that.
Smith and Wesson (SWBI) sells for $13.85/share making it a tiny $631m company that sells for 5 times last year’s net earnings.
Sturm Ruger (RGR) sells for $69.46. share making it twice as large. It is a $1.2b company that sells for 8.78 times last year’s earnings.
Vista (VSTO) brand include Remington and Bushnell. It sells for $35.06 a share so it is a $2b company selling for 7 times last year’s earnings. (Vista alo makes CamelBak, Bushnell Golf, Foresight Sports, Fiber Energy Products, Bell Helmets, Camp Chef, Giro, QuietKat, Stone Glacier, Federal Ammunition and more.)
I generally do NOT invest in companies whose futures are determined by lawsuits and legislation. (I prefer companies whose futures are determined by products, and sales,) but the fact is gun sales DO increase sharply with every economic decline so I have given it some thought.
it is not surprising in the least that the economy, after being driven the past year by trumps last budget is now faultering under biden’s first budget
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WuWei
395
https://www.cnn.com/2022/04/28/politics/us-economy-shrank-democrats-2022-midterm/index.html
The country’s gross domestic product fell at an annualized rate of 1.4% between January and March – a stunning reversal from the 6.9% GDP growth that the US recorded in the final quarter of 2021.
Good news?
Meanwhile, Dumbass wants $33B to piss away in The Ukraine.
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Gaius
396
It’s a recovery!!! The New York times says it’s a recovery!!!
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Gaius
397
Local NY tv news says we can’t see the recovery because of all the economic shrinkage LOL
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zantax
399
Stagflation is our best case at this point,
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Hell, who needs to learn to cook when there are microwave dinners?!?!
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Yes, the US has a history of wasting enormous amounts of money in wars to support corrupt regimes. Recent examples include Iraq, Syria, and Afghanistan. These wars have wasted trillions of dollars and killed millions.
It looks like the Biden administration wants to add Ukraine to the list. We risk economic collapse if we continue these policies.
