Quote:
Originally Posted by Jibartik
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hahahahaha unemployment is not going down [You must be logged in to view images. Log in or Register.]
Get ready for a revolution.
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A lot of the
federal unemployment checks run out Sept 6. Watching the 2nd Quarter earnings interviews on CNBC, pretty much every CEO has said they are raising prices the 2nd half of the year due to inflation. Federal Reserve will have to start tapering QE soon which is bad for the stock market and I doubt the general public is smart enough to get out of all those meme stocks so they aren't holding the bag when it goes down. Part of that QE is in MBS so mortgage interest rates will start to rise which will decrease home prices just when
a record number of people bought some expensive homes. Lending a ton of money on credit cars and auto loans probably doesn't help either. Forget delta variant, we got
Lamda coming out next and no one is safe. September will be interesting. I might go buy some meat and throw it in the deep freezer
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