5 ms·
This article strings a lot of ideas together but the identified cause doesn't seem quite right. The wild speculation we see in the stock market, cryptocurrency,
by errantmind 5y ago
This article strings a lot of ideas together but the identified cause doesn't seem quite right. The wild speculation we see in the stock market, cryptocurrency, housing market, etc, are mostly due to lax monetary policy. All kinds of bad investments gain traction when money is sloshing around the economy. It can't last, but the alternative is pain, and no one wants to deal with that so here we are.
- passerby1 5y agoOut of curiosity, what's the alternative that you mentioned?
- FuckButtons 5y agoA recession.
- passerby1 5y agoIsn't recession is real and what's happening now as a result of covid hit us all? Am I the only one to have a feeling that itcs kind of an escapism to refuse seeing recession?
- financetechbro 5y agoWhat signals are you seeing that we are in a recession?