Article

2022-08-03 Economy

Zoltan Pozsar: Powell Will Push The Economy Into A "Depression" To Curb Inflation

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Posted by Besoeker 2022-08-03 04:15|| || Front Page|| [8 views ] Top

#1 ...Well, if you can't trust a guy named Zoltan, who can you trust?

Mike

Posted by MikeKozlowski 2022-08-03 07:00|| 2022-08-03 07:00|| Front Page Top

Posted by M. Murcek 2022-08-03 07:06|| 2022-08-03 07:06|| Front Page Top

#3 News flash, we already are in the beginnings of a depression.

Posted by DarthVader 2022-08-03 08:21|| 2022-08-03 08:21|| Front Page Top

#4 Yes. People don't understand. The stock market crashes because the economy is going in the toilet. Not the other way around.

Posted by M. Murcek 2022-08-03 08:36|| 2022-08-03 08:36|| Front Page Top

#5 So..the same, but more? Except, with Joker rules - make it all part of a 'plan'?

Posted by swksvolFF 2022-08-03 11:46|| 2022-08-03 11:46|| Front Page Top

#6 Depression is a bit of an overstatement. See 1979.

But if a 1979-style recession is necessary now, as it was then, then bring it on.

Better that than to have the half-hearted recessions of the early- and mid-70s which did nothing for inlfation and only made the ultimate cure much worse (again, see 1979.)

Posted by Tom 2022-08-03 13:30|| 2022-08-03 13:30|| Front Page Top

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