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Response to Eliot Rosewater (Reply #1)

Wed Aug 14, 2019, 07:03 PM

5. Elucidate

I need to expand my thinking because the financial gurus i follow aren't talking about it.

It's like QE1-2-3: Financial journalists and headline investors agreed: the Fed is creating "distortions" in the economy. But no one ever told us what they meant. Took me 8 years to figure it out: we have overcapacity, and debt is keeping many companies afloat.
Now the wreckoning is just about here.

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