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re: Economy and Jobs are growing MUCH faster than anyone (except me!) expected.
Posted on 7/8/20 at 11:03 am to ScottFowler
Posted on 7/8/20 at 11:03 am to ScottFowler
quote:
Kitchen remodeling is booming. This is tied to house flipping. The housing market must be hot. Has been for some time.
The system is in the last quarter as the system is based on interest i.e. requires exponential growth. Any system based on interest has a very finite life span, a few generations at most than system reset. More credit/debt has to be added to the system exponentially, the problem is human are finite as is the demand and supply.
If the system was on firm footing we wouldn't be at generational low rates.... peak was early 80s. Obviously the system can't generate the needed new credit/debt... eventually negative rates will have to be used.
This post was edited on 7/8/20 at 11:08 am
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