The big players benefit from the business cycle. They build up big war chests when they think there will be a downturn abd then buy up all the smaller companies that fail. Overall everything gets worse but they don’t really care about that.
I do think they are flirting with a massive crash that hasn’t been seen in ages. Quantitative easing remains at full blast. There aren’t many tools they would actually want to use to stabilize “the economy” when there is a crash. So it could just be a Great Depression 2.0. Tariffs destroy demand and the country is propped up by imperialist consumption + IP so I think this disaster has legs.
Of course Trump could reverse course on the tariffs and call them a negotiating tactic instead of a failure at any moment. Who knows.
The big players benefit from the business cycle. They build up big war chests when they think there will be a downturn abd then buy up all the smaller companies that fail. Overall everything gets worse but they don’t really care about that.
I do think they are flirting with a massive crash that hasn’t been seen in ages. Quantitative easing remains at full blast. There aren’t many tools they would actually want to use to stabilize “the economy” when there is a crash. So it could just be a Great Depression 2.0. Tariffs destroy demand and the country is propped up by imperialist consumption + IP so I think this disaster has legs.
Of course Trump could reverse course on the tariffs and call them a negotiating tactic instead of a failure at any moment. Who knows.
Appreciate your insight