> but the consumer is quite healthy this time around
This is one of the more out of touch things I’ve read today. I’m not sure from where you’re sourcing your economic data.
Maybe you’re saying this financial collapse won’t be as bad as 2008? I’d agree with you, that one was singularly dangerous and required large scale government intervention to guarantee that the global financial infrastructure didn’t bust. But this bubble will hurt very badly at a time where the consumer is not as strong as you think.
This is one of the more out of touch things I’ve read today. I’m not sure from where you’re sourcing your economic data.
Maybe you’re saying this financial collapse won’t be as bad as 2008? I’d agree with you, that one was singularly dangerous and required large scale government intervention to guarantee that the global financial infrastructure didn’t bust. But this bubble will hurt very badly at a time where the consumer is not as strong as you think.