Friday, November 17, 2017

Puzzle me this

We all get the thing about a curve inversion, it precedes the recession. But we suffered the worser inversion in 1999 before the recession, which was mild.

We have less reserves, the amount of inversion we can sustain is reduced, as is potential growth reduced. 

But there still appears the real possibility we may slide through.  If we land smoothly near a 1.5% growth rate, then no volatile landing, no  coordination failure. The economy maybe set for long, slow sluggish growth. A well manipulated creation of the super wealthy trying to avoid government default. But is is  minority view of mine.

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