Uhh, seeing as we just keep printing money, like a boat taking on more water to fix a leak, it isn't a when, so much as if we get so desperate to default on all of our promises like Germany going into WWII.
Their economy turned around in a big way then. Though neither one of those played out well for them.
Also that we've already been in a war time economy for the past 20 years and some change. However many months until September, then however many months we took off between Afghanistan and Ukraine.
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After the Federal Reserve is gone sure... We'll have no other choice. The more our currency is devalued, the less purchasing power we will have internationally. Thus the only logical outcome is that American manufacturing will return and surge very strongly to fill the need for good in our market. America has the natural resources, man power, and expertise to do it all. We just need to remove the cabal and return faith to our currency system that they have sabotaged. People will always want American energy, resources, goods, and services. They just don't necessarily want to hold a fiat currency that is being printed out of thin air by a communist ponzi scheme. As America is forced to expand our industrial capacity, China will take huge economic hits and fall into an economic depression and America will surge again.
There is little hope for it bouncing back now. Housing shortages mean housing prices will stay high which means rentals will be (are) super scare, and that tends to drive the rest of the economy. No signs of a housing bubble or crash like in 2000 or 2008. And that's bad news. If Republicans get back in office in 2024 and can artificially lower inflation for a few years while housing starts catch up that might give things a chance to settle down.
Hopefully, When Trump is Elected back in Office to Clean Up Slow Joe's Mess. xxoo
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When we get leadership that's willing to acknowledge reality, and not pretend that solar and wind power are able to replace fossil fuels. After another six or seven decades of heavy research maybe, but for now, it's nuclear, geothermal, or failure.
When we start reestablishing American production of resources and refineries, so we don't have to rely on Beijing for rare earth magnets, Taipei for electronics, or Uganda for disposing of unrecyclable electronic waste.
When our consumer base runs Jeff Bezos out of the country on a rail and starts prioritizing union shops again, so we don't have workers falling into vats of liquid metal and being disintegrated.
Given how long it'll take for those things to happen, probably not until after World War 3.
It is over we will have
1) Hyperinflation if Fed goes to 0% interest or
2) Super Depression if the continue to raise rates
3) Dollar is going to collapse
4) Banks will continue to collapse
5) US will lose reserve currency status
6) If you go back to my posts here (the ones left up) I said this all was going to happen.
If Republican take both houses and the Presidency in 24, it will start. If not, there will be anarchy.
When we get rid of Joe and get a REAL President!!
When Joey's IRS agents have finished robbing, raping and killing any 'undesirables'
Sure. Once mr potato head is out of office.
It won't
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