And it’s a loooooooooooong way to the bottom this time.
Notice where it bottomed out during the Great Recession of 2008 and then compare that to where it is now.
When this bubble finally bursts, it’s going to be a genuine SHTF moment.
Of course, I swiped this chart from the notorious Economic Doom Porn site known as Zero Hedge while reading an article exhorting Trump to crash the economy now and get it over with to save his chances of winning the Presidency again.
The logic being that it is going to crash anyway before the next election but if he tries to keep propping it up it will ruin any chances of working to get it fixed somewhat right before the election so why not force the issue now?
As far as I am concerned the Middle and Lower Classes never really recovered from the 2008 crash and from what I am seeing, this next one is likely to kill them both off.
Of course you could fit my total knowledge of Economics in a thimble and still have room for an elephant.
So there is that.
What I do know is that the real estate market is completely over priced all up and down the West Coast, gas prices are higher here than most states, food prices keep creeping up and just about everything else is too. Even the Garbage service companies are finding new ways to throw a fuck into us.
Everything is up.
Except the wages.
Something is going to give. The laws of physics demands it and those jerk offs playing with the stock market are the ones I have been keeping an eye on.
That is where it’s going to start and once it does no one and I mean NO ONE, knows how far it is going to slide.
Them fucking Bankers took our bail out money and bought a bunch of Magic beans with it but this time the bean stock has rotten roots. It is literally twice as bad up front now as it was right before 2008 and like I said, quite a few of us never really saw much recovery from that to begin with.
I have been waiting and waiting for a correction and it hasn’t happened.
Eventually it will happen.
More than likely in my lifetime, the whole rat piss soaked house of cards is going to blow over.
Then we are going to see some serious Triggering boys and girls.
The generations behind me have absolutely no clue as to what is potentially coming and even less capability to deal with it.