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[nimblebear]

I've written about this an abundance of times here at TT over the years, and I'm convinced historians will look at the past 13 years, and mostly since 2008, as of one of US and global economic depression.

The video (at the link below) presents a lot of appropriate charts, but there truly is only one question you need to ask, and you'll immediately know the answer: where would the US be right now if the FED wasn't pumping billions monthly, and where would the world have been back in 2008 if the FED literally hadn't pumped more than $28 trillion into the global economy over the subsequent years ???

Don't think about that too long, or you'll get a headache.

http://www.zerohedge...23/us-recession

We are experiencing what I would call multiple lifestyle and economic resets, that will be looked back upon as a depression throughout the US and much of the globe. The US middle class has been crushed, seniors who are now boomers entering retirement will be further crushed, and what will be left is a majority populace of very poor, and very small elite minority of extremely rich in the US. the EU will be similar, Japan is more or less done, and China and India are going to re-collapse to a largely agrarian lifestyle, for the smaller population that is left after what I will call the great die off.

Stealth depression is a rather accurate name, because many people are experiencing it, but there aren't the woeful soup kitchens or unemployment lines largely due to the existence now of so many welfare programs (EPT cards), the internet, and the ability of the government via state controlled media to mitigate or spin the story into something much more palatable to the masses.

At this point, when it (government and elitist's financial situation) gets desperate, there comes a major world war. That'll occur within the next year or so.

[Dex]

We are experiencing what I would call multiple lifestyle and economic resets, that will be looked back upon as a depression throughout the US and much of the globe. The US middle class has been crushed, seniors who are now boomers entering retirement will be further crushed, and what will be left is a majority populace of very poor, and very small elite minority of extremely rich in the US. the EU will be similar, Japan is more or less done, and China and India are going to re-collapse to a largely agrarian lifestyle, for the smaller population that is left after what I will call the great die off.

It is hard to categorize.

I think the effects of the huge population growth we have been experiencing has changed from

a driver of prosperity

to a destroyer of prosperity as work can go anywhere in the world where costs are the lowest - except for low paying service jobs.

.