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Re:Asking rents in San Francisco continue to slip, but… by imtringued on Tuesday April 27, 2021 @06:51AM (#26954268)
I would like to see the collapse that you guys are seeing, I'll repeat this over and over again, the economic strength of the US is exceeding what should be possible under current economic conditions. For the last two decades the Fed was trying to "beat up" the US economy to "teach it a lesson" but it never even bothered to wake up as financial nukes were being detonated instead of using an alarm clock. Now we have Godzilla (corona virus) and the US economy is barely responding after it has been bombarded with stimulus checks.

Lots of things were done to "intentionally destroy" the US economy. The only way the US economy can fail from hyperinflation at this point is by physically destroying it and causing the production capacity of the US to go down, which means the US won't be able to meet foreign obligations denominated in foreign currencies.

The reason why I put the Feds actions in quotes is that its mission is not to destroy the economy, merely kick it out of bed.

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