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Comment by candiddevmike

My hotter take: we're in an economic death spiral. There isn't enough juice that can be squeezed short of mass wealth redistribution to reinvigorate the economy, and what is out there is locked up in stocks that don't translate to revenue. Slashing rates will just skyrocket prices and over inflate our monetary supply, and further tax cuts will only whittle away what's left of government services and social safety nets. Companies are going to start collapsing in a domino effect as liquidity dries up and contracts get cut.
parent candiddevmike 10 months ago

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