Which bubble? housing, stocks, global trade, peace?
Whichever one you think is going to pop first.
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arguably:
  • the housing bubble is in the middle of the pop
  • global trade is in flux. I don't buy the Zeihan arguments entirely, but he's not entirely wrong about trade...
  • the peace bubble has been popping for a while
  • US stocks have been in a recession since Jan 2022
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I think we've moved beyond predictions and are in the realm of "postdictions", as well.
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