Think carefully about what happened recently.

Presidential candidates were stabbed, the current president withdrew from the election, and anti-war protests broke out in universities... This was the United States in 1968, followed by a decade of economic turmoil!

The social and turmoil in the United States in 1968 was followed by more than a decade of economic turmoil, and the current economic situation has a series of similarities with 1968, including weak home sales and a very high proportion of multi-family homes built relative to single-family homes; increased government debt interest payments, and now the proportion of federal interest payments to income is twice as bad as in 1968; the yield curve continues to invert, and the current 2/10-year inversion has lasted for 101 consecutive weeks, and the inversion lasted for 180 weeks in the 1980s.

Why did most economists and fund managers previously mispredict the recession? Despite the negative year-on-year growth in the M2 money supply, M2 is still $2.6 trillion higher than the trend growth before the epidemic. The large-scale fiscal and monetary policies during the epidemic have had long-term effects. Second, as the U.S. emerged from the pandemic, it experienced a tortuous "rolling recession," which allowed the economy to pass the baton from the goods sector to the services sector without suffering a true recession.

Meanwhile, Gundlach warned that the next recession could be even trickier. When a recession comes, the Fed's influence on regulatory policies will be weakened, especially as he suspects the Fed may lose control of long-term bonds, which are critical to many parts of the economy, from mortgages to pensions and life insurance policies.  If a recession occurs when the U.S. faces a welfare crisis, Washington is in a dysfunctional deadlock, and the Fed is incompetent, the next recession will be very bad.

In contrast, this time the crypto currency bull market will be even more intense!

From Wall Street News! !

#美国大选如何影响加密产业？ #币安7周年 #BTC #ETH #sol

The current bull market is surging, and we have the opportunity to share passwords every day.

Again, if you don’t know what to do in the bull market, click on my avatar and follow me. I will share the bull market spot planning, contract passwords, and free of charge.

I need fans, and you need references. It’s better to follow me than to guess blindly.