US Dollar making new lows, Market’s lower with more scary news from bankers. Chinese stocks in bear market, Lay-offs at factories and continuing real estate crash headlines.
People we are at crossroads to INFLATIONARY DEPRESSION.
It means that inflation will not only make prices for everything rise faster and faster, which is the inflation part, the depression means that people won’t buy or sell anything. They won’t be able to.
We are going to see this in many parts of North America. Even Garage Sales will sell almost nothing. You may want that used electronics, but you don’t dare buy it- your utility bills and gasoline expenses are going up at such rates that you may need the extra money just to keep afloat. You may want to sell that Coffee Table because you’ve lost your house, and are hoping to raise the cash for a move elsewhere, but nobody wants it for a price. You have to nearly give it away.
People we are at crossroads to INFLATIONARY DEPRESSION.
It means that inflation will not only make prices for everything rise faster and faster, which is the inflation part, the depression means that people won’t buy or sell anything. They won’t be able to.
We are going to see this in many parts of North America. Even Garage Sales will sell almost nothing. You may want that used electronics, but you don’t dare buy it- your utility bills and gasoline expenses are going up at such rates that you may need the extra money just to keep afloat. You may want to sell that Coffee Table because you’ve lost your house, and are hoping to raise the cash for a move elsewhere, but nobody wants it for a price. You have to nearly give it away.
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