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Economy

“10-20% Market Correction: It Could Take A Year To Break Even”

It’s one thing to deal with a market crash or market correction of 10% to 20%. It’s another thing to deal with an inflationary environment that leaves you with less value after that drop. This is precisely what Moody’s Analytics’ Mark Zandi is warning about. Yet he still toe’s the mainstream party line (Wall Street) claiming that the economy is going to be rip-roaring. In other words, despite inflation making you poorer, and despite the looming crash decimating your wealth, there’s nothing fundamentally wrong with the (Fed’s manipulation of the) economy. We call his BS. There are numerous things wrong with the economy, and here are 11 arguments toward the “herd opinion” that there’s only sunshine from here on out. But that’s Wall Street for you–a strong warning followed by a sharp yet indirect retraction. After all, these big firms don’t want to upset investors with something as frightening as, say, one of many possible truths...”

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