What is coming is the 2nd Depression, not a mere recession.
I don't know when it is hitting, with Trump being fueled by destructive-chaos itself, but the economic-bubble we've been living-in HAS to pop, & when it does, it'll take 3y to bottom-out, & when that happens, Trump is going to use that economic-hardship to finish eradicating the Constitution from the US of A's real law.
the plummet begins sometime this-year, I've been expecting it for months & months..
but which Trum possessing the US it simply can't be delayed much longer..
so the 3y bottom-out of the global economy happens in 2028, when Trump needs it to happen, for his finishing his highjacking of the US.
seems to give the right gist of it..
Essentially, IF you have an economy in-which there are 1M people & 1B dollars, & 1-day's food costs $2,
BUT you then double the amount of money in the economy,
THEN suddenly 1-day's food costs the same fraction of the total-amount-of-money-in-the-economy, but the number-of-dollars changes, because the relative-value of each dollar has been diluted,
so what had cost $2 / day for food, NOW it costs $4 / day for food.
Inflation.
I've read that the total quantitative-easing done during the Biden years amounts to multiplying the amount of US-dollars by 10x.
Which means that each $ should now be worth only 1/10th of what it did at the beginning.
but it has been "held back" by many many many players..
Market-correction has to happen, sooner or later.
All the bogosity in our economy cannot self-sustain perpetually.
Unfortunately, the longer that actuality is fought-off, the greater the hardship when it bites.
So, .. probably famines, for many populations, in poorer areas..
Humankind's choice, obviously..
As was pointed-out in the original Depression:
you can't start any business because there's no credit available.
You can't get credit existing, because there's no businesses being started.
Catch-22.
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Not only I wouldn't be surprised if it was his idea, outright,
I'd be surprised if any other person in the entire Liberal party had anywhere near the international-financial fight-smarts that he's got.
Experience-induced-understanding & experience-formed-instincts are Kahneman1-mind ( lower forebrain ), so they are programmed in through seas of imprinting..
It's like the difference between someone who has the idea of martial-arts going up against somebody who actually-trained for decades: the difference-in-effectiveness is significant.
I know the everybody-the-same socialist-idealists have a religious-problem with Carney because of his career, & his being rich compared with us, but .. real competence isn't in everybody, & if the reward-system doesn't reward excellence/accomplishment, .. then it won't produce that.
The reward-system in Communist countries rewards non-responsible, non-accountable, party-authority, right?
& that is the result it produces.
I expect diversity-of-intelligence, diversity-of-experience, diversity-of-potential to produce outliers, if the "market" of individual-human-development is working right
( unlike the naive-socialists & the communists, who hold that it isn't equal-validity among diverse people that we have, rather it is identicality we supposedly have .. or the fascists, for that matter, with their "supremacist" delusion disallowing all other peoples from having potential/validity of their own.. )
He's got exactly the kind of trained-instinct needed in this situation.
We don't.
We need him, now.
( exactly as we needed Jack Layton, but only Quebec understood that, & then we lost they guy..
.. sigh ..
Minority-governments with the right leader can do awesome good!
Majority-governments .. that's when we need Journalism-with-teeth, to make them more accountable, like minority-gov'ts are, right? : )
( too damn bad the other federal parties are either corrupt ( the right ) or foolish ( the NDP's weird mixture of accuracy & delusional-idealism ) .. Canada's nearly-bankrupt, thanks to the Liberal Party's last few decades ( a male version of Kathleen Wynn's government, has Justin Trudeau been? ), & if we go bankrupt, then we ARE annexed by Trump, helplessly.
We absolutely cannot afford any more financial mismanagement from the feds.
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