THERE IS NO SOFT LANDING
Not for the US consumer, not for the US Government
This plane is flying straight towards a Debt Jubilee or crashing in a Great Depression 2.0
Fintwit passengers can argue about the meaning of turbulence along the way
But that’s how this ride ends pic.twitter.com/uzZanBIIAC
— Amy Nixon (@texasrunnerDFW) July 7, 2023
Debt jubilee is basically the hyperinflationary path, or more of the same as we’ve had recently
We can get away with it for awhile. I do not suggest hyperinflation is imminent at all. But at some point, if things don’t change, it will be inevitable
— Amy Nixon (@texasrunnerDFW) July 7, 2023
For industrial metals to turn around from their downtrend, China's economy needs to recover pic.twitter.com/pO0z12PFSl
— Game of Trades (@GameofTrades_) July 7, 2023
Bloomberg Global Aggregate Bond Yields hit 15-year highs pic.twitter.com/JOT4hwWqGC
— Sunil Beri (@sunchartist) July 7, 2023
Recession? What recession? 🚨
Manufacturing is plunging and consumers are feeling the hit. Services are next?
— Wall Street Silver (@WallStreetSilv) July 7, 2023
Everyone already knows about the risks in CRE, right? pic.twitter.com/aWcil7htpT
— Callum Thomas (@Callum_Thomas) July 7, 2023