You covered a lot of territory in your first post CD. As nearly as i can tell ... we are in the earlier stage of what they call an inflationary recession. I've known this has been coming for a few years now. The economic pattern is the same as the events that led up to The Great Recession of 2007-2008.

You should start to see a lot of smaller / weaker businesses closing their doors or going bankrupt. You gotta think about the hierarchy of needs. When money starts to get tight .... people focus their spending on the essentials like food, water, medical, transportation, shelter, energy, and so on. These are the " must haves ". Things like restaurants, party supply stores, arts & crafts stores ? These things do well enough when times are good and there's plenty of money around but quickly fall by the wayside when times are lean.

Unemployment is pretty low right now. In fact .... there are far more job vacancies than there are people to fill them. There's a real shortage of commercial truck drivers and tradesmen these days. That will change in a few years. If it gets bad enough ... you might have to have a college degree to get a job down at the local filling station pumping gas. We've been there before back during the Great Depression of the 1930's.

The government ... if it's going to do anything at all ... will probably create public works job programs like it did during the 1930's and the economic crisis of the 1970's.

Gotta disagree with Alloy though. He's Canadian living in a socialist country ... doesn't know how the U.S. works.



If past patterns hold .... the U.S. will take a sharp turn to the political right when money gets tight and living gets hard. The sheeple will be looking for conservative,business minded, fiscally responsible leadership in the next election cycle.

It's not just here in the states. People in countries all over the world do the same thing. Given that over 60 countries have major elections scheduled this year .... there may be a major global paradigm shift in 2024.

Next stop on the misery train will likely be WW3 within the next 2 - 5 years. The flashpoint to set it all in motion could happen in Ukraine, somewhere around Israel in the Middle East, maybe the Strait of Hormuz, or the Chinese may start getting froggy in the South China sea.

Well ... there you go. I hope we revisit some of the old threads in a few years, look back on this post, and say " whew .... hills got that one all wrong ! "