The mainstream exists to perpetuate the causes of the mainstream. Richard Duke
“The economy was booming. The stock market was setting records. Then coronavirus came along and governments shut things down to minimize the pandemic. That led to massive layoffs and a nasty recession. But once states open up, things will spring back to life and the economy will go back to being great again.
That’s the mainstream narrative. But it’s not based on reality.
“In truth, the economy was a Fed-induced bubble before the pandemic…”