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kleinbl00  ·  1472 days ago  ·  link  ·    ·  parent  ·  post: The recession is knocking on our door at this point, isn't it?

Recession hit Germany in November. Earnings recession hit the US in October. Meanwhile China posted a -13% Q4 and a -20% Q1 and we're all used to presuming those numbers are 5-7% high. They're probably 10% high. Nobody really wants to examine the happy fiction that China is somehow back in business.

I mean, dude.

19,804. That's the number the Dow closed at on Inauguration Day, 2017. "American Carnage." At 10am this morning we hit 19882. They shut down... Vegas. $120B GDP in 2018 according to FRED.

I saw some internal hospital communication last night that said, in one isolated line, "this is the crisis of our time." February was The Before Time. We're in the In Between Time. And we're waiting for The After Time. But as me and my kid walked back from the grocery store yesterday I told her "your kids are going to read about this in their history books" and I meant it.

Nobody's shooting at you but this is going to be an epoch of tremendous political, social and economic upheaval. Keep in mind: this is what the accelerationists wanted, this is why Steve Bannon tried to get Trump in the White House.

To Burn It The Fuck Down.

It is burning.