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My bet now is this ends on the financial side not the pandemic side. The US is now looking at double digit consumer price increases, which will crush households and create widespread misery and poverty, add the stupid covid mandates on top for folks in Blue cities and stages, and you have the kindling for revolution. Last time inflation got this out of control, Paul Volker raised interest rates into the double digits to kill off excess credit creation. The near future will see the end of drunken federal deficit spending (certainly after then next election when not the democrats are swept from power). Housing markets will crash, and *poof goes the fiat to pay for covid clown world.

Dec 18, 2021
at
3:18 PM

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