20 sats \ 3 replies \ @Undisciplined 22 Jan \ on: State of the market Personal_Finance
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.
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28 sats \ 1 reply \ @BitcoinIsTheFuture OP 22 Jan
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.
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10 sats \ 0 replies \ @Undisciplined 22 Jan
Exactly, we more or less know how this story ends, but we don't know how many chapters are left.
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28 sats \ 0 replies \ @Anonymous_Hodler 22 Jan
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.
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