Exactly, we more or less know how this story ends, but we don't know how many chapters are left.

Undisciplined

I tend to agree. It’s just a question of how many more can’s can be kicked by the politicians and in an election year. 

I think they are running out of runway. 

BitcoinIsTheFuture

100% agreed… I don’t think anyone can come up with a solution to the Us Debt spiraling… We’ll probably experience  in our lifetime an unprecedented debasement of US dollar and a default sending most economies to the ground, leading countries to rethink their governance. 

Anonymous_Hodler

Personal_Finance

State of the market 

There are a lot of recession signals right now. The US money supply has been contracting for a year and the treasuries yield curve has been deeply inverted for a long time.

I expect to see housing prices collapse. There's an historic spread between the cost of owning vs renting housing. Combined with the deflationary pressure, it might be a good time to buy a house pretty soon.