Back to the Future again.
See the below chart…
Every time rates cross the blue line GDP goes negative and the economy collapses into recession.
The key problem the zero barrier.
You eventually get to a point where you can not engineer rates lower and lower and are forced to raise them higher and higher.
I began to point this out years ago.
I wondered what was going to happen when we got to this point.
Covid19 showed up right where the zero barrier was hit.
Then The War in Ukraine.
Perfect timing…Wonderful cover.
“Happy Birthday, George Jetson? The internet thinks he was born on July 31, 2022“
“On July 31, Harry Potter turns 42″
“Harry James Potter” is his full name
Source: http://hypertiger.blogspot.com/2022/07/back-to-future-again.html
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