3 – My belief is that they can no longer use the financial system or fiscal spending to correct the economy, and as such must (and we must prepare them to) directly redistribute liquidity to consumers (citizens). A few of us recommended paying down mortgages instead.
Source date (UTC): 2018-09-11 12:22:38 UTC
Original post: https://twitter.com/i/web/status/1039489390605680641
Reply addressees: @YungLung710
Replying to: https://twitter.com/i/web/status/1039369495616270336
IN REPLY TO:
@YungLung710
@curtdoolittle Do you think this next economic recession will be worse than the one in 2008?
Original post: https://twitter.com/i/web/status/1039369495616270336
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