If things crash they’ll blame the debt ceiling, but all business sales and residential/commercial real estate have been falling for the last c. 12 months

The expression “slowly at first, then all at once” can describe an economy’s descent into nasty recession. There are warning signs all over starting with WTI back in contango. Major retailers have nothing good to say about the state of their customers. US total sales are already declining and in nominal terms.

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