by BoatSurfer600
“This is the problem. Last 18 months -$850B in direct stim checks, $400B in cash out refis, $1+T in forgivable loans ($250-500B of it fraudulent), another $4 trillion indirect, etc. What recapitalizes the consumer now? Higher wages can’t do THAT.” – M.Burry tweet 4-26-22
a little burry philosophy to add to the mix…
Watch this from 2007… none of the so called experts and TV pundits wanted to believe a severe recession was just around the corner… despite the evidence being right in front of them… are we there again…?
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