Day: June 1, 2018💾

I still think stagflation is coming. There is no way the economy can operate at such low inflation and unemployment for any length of time. And any system that gets so out of whack in one direction, often shifts violently in the other direction. Folly in the Middle East by a certain US President could easily blow up world oil markets, sending the global economy into a tail spin. Oil after all, is the most crucial resource in the world's economy.