Here is a new website I came across called "DeathCanary.com", which is predicting massive deflation and another great recession. It seems to be written by a former banks. Quotes:
"We are still in deep Kondratieff winter cycles in the economic world, probably till 2022 and businesses are still adapting to expected deep winter action : In the winter the errors and debts get cleaned out, so expect huge deflation, stock crashes , debt defaults and social welfare resets the coming years."
I tried to find some more good quotes, but the author is somewhat incoherent, but he does get the point across. The theme is that deflation is coming, caused by the trade wars and caused by increasing interest rates and tightening by the fed.
My thought is that he could be correct. We know how to create inflation, which is caused by deficits, both trade and government, and by cheap money. Right now, the opposite is occurring. Yes, the government deficit is increasing slightly, but not enough to offset the tightening effects.
It is obvious that real estate and the FANG stocks, especially Amazon, which hit an all-time high of 1715.97 on June 11. Amazon could be a canary.
I like to try to find patterns, and I see several dates when the carnage could begin. Either September 11, 2018 (17 years since Nine-Eleven) or October 24, 2019 (90 years since the 1929 crash began), or September 15, 2020 (12 years since Sept 14, 2008, when the 2008 crash began).
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