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I'm just saying that I don't think the correction will come when things are still not that bad. Major changes happen in times of crisis, not when things go pret
by nextparadigms 15y ago
I'm just saying that I don't think the correction will come when things are still not that bad. Major changes happen in times of crisis, not when things go pretty well. Even if they start thinking about some corrections, the process will be way too slow and the changes will be minor.
For example, when do you think it's more likely they reduce the Defense budget from 25% to say 15% or 10%. Right now? Or when the dollar will lose half of its value and un-employment will double?
I think it's basically almost impossible to make them reduce the defense/military budgets without a major collapse and near-revolution situation like that.