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re: The Crash Will Blow Everyone’s Mind and It Starts Right Now 5/18
Posted on 5/18/22 at 3:21 pm to SlidellCajun
Posted on 5/18/22 at 3:21 pm to SlidellCajun
Primary moves are normally 5 waves with wave 3 being the absolute strongest.
Counter trend corrective moves are normally 3 waves.
ETA: This looks like a 3rd of a 3rd (Subwave 3 of Primary wave 3).
Counter trend corrective moves are normally 3 waves.
ETA: This looks like a 3rd of a 3rd (Subwave 3 of Primary wave 3).
This post was edited on 5/18/22 at 3:38 pm
1
Posted on 5/18/22 at 6:40 pm to Hussss
technicals aren't really the tell here ...
the long term debt cycle combined with SUPER low production levels combined with HIGH inflation and SUPER LOW labor participation is a recipe for some bad stuff
in the shortish term, anyway
It does make one wonder what will happen to all those who have been sitting out of the workforce when the shock hits them (inflation/wealth effect/etc.) and employers are posting less and less jobs and actually laying off workers (already happening)
The Fed et al are all making decision on data sets with lags ... the recession is already here whether technical or not
the long term debt cycle combined with SUPER low production levels combined with HIGH inflation and SUPER LOW labor participation is a recipe for some bad stuff
in the shortish term, anyway
It does make one wonder what will happen to all those who have been sitting out of the workforce when the shock hits them (inflation/wealth effect/etc.) and employers are posting less and less jobs and actually laying off workers (already happening)
The Fed et al are all making decision on data sets with lags ... the recession is already here whether technical or not
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