https://market-ticker.org/akcs-www?post=255443
Incidentally there is no evading the recession (or worse) that this adventure is going to cause. It is already roughly half as long as the 1974 oil embargo that led to eight years of economic Hell in America. I came of age during it and I remember every bit of it. Attempting to attenuate it with "rate cuts" and more government spending, given our fiscal position, debt, and the exponential increase in financing and costs that will generate, if it is tried, will guarantee a 1930s-style outcome and lead to the very real possibility of our government collapsing.
That must not be done and we must not, as Americans, permit any attempt at it. In fact the opposite; we must gut the medical monster like a fish right here, right now, put a permanent stop to the now-exponential and parabolic increase in CMS spending and the extraction that sector imposes on everyone else. That is the only way to get the federal budget, state budgets and personal balance sheets of the American people under control and at the same time all cross-subsidies on energy and similar, including any and all that are attempted to be put in place for "AI" and similar must be barred.
There is no other alternative to what is an obvious and impending economic disaster if we do not do so.
