RE: Reflection: On Making Difficult Decisions
(Edited)
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Sell, buy an RV, and be a nomad for a while?Or maybe don't necessarily take the advice of internet strangers on big life decisions. I get the conflict and indecision here though. Between the inverted yield curve, deeper data in the unemployment statistics, I flation, and other factors, I strongly suspect the court historians will be forced to admit we're already on a recession now when they look back on our era. Costs are u sustainable, and real wealth is not there to back up the demands of government and basic necessities.
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I think we are getting closer to a "tipping point" at which the fact that people simply can't afford their lives will cause consumption (of pretty much all consumer goods) to stagnate, and then either production will stagnate, OR the corporate gooks will have to resort to lowering prices... leading to that "dreaded" D-word: Deflation.
Much of it goes unreported because the cost rises are "invisible." Our homeowners' insurance is relatively unchanged, in terms of the premium per $1000," but since the property value is up by some ridiculous amount, so are our premiums...
"Deflation," or more accurately, a price correction cycle, is the necessary correction to a bubble economy bloated with malinvestment and political.incentive distortions, but most people are convinced it's the problem instead of the cure.