Most people underestimate how easy it is to break the econom...
Most people underestimate how easy it is to break the economy... only a few things going wrong can cause massive downturns... just look at what happened during covid... economy shut down for no more than 3 months and the stock market dropped 30%... took about 4 trillion dollars to steady the boat....
Now every consumer is paying at least 20% more for almost everything...real wages are negative meaning everyone is earning less now than they were prior to covid on average... and companies are now seeing declining earnings... and stock valuations are still higher than before covid? and people watching all this conclude.... "hmm this is fine"...$Invesco QQQ Trust (QQQ.US)$$SPDR S&P 500 ETF (SPY.US)$$Apple (AAPL.US)$$Tesla (TSLA.US)$
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