Wall Street Silver

@WallStreetSilv ↗

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Last Checked Nov. 5, 2022

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Tue Nov 01 23:43:19 +0000 2022

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Wall Street Silver @WallStreetSilv

🧵 2/3 China provided cheap labor. We exported inflation the past 40+ years. That is over. USA and EU demographics also in decline. Oil, coal and natural gas were plentiful, with many new deposits coming online and being exploited. Many of those are depleted or past prime. — PolitiTweet.org

Posted Nov. 1, 2022

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Wall Street Silver @WallStreetSilv

Thread 🧵 1/3 Most economic models and predictions now are suffering from recency bias. We have lived thru an extraordinary 40 years with 3 advantages that are unlikely to be repeated. 1) Favorable Demographics 2) Plentiful Energy 3) Low debt Those 3 advantages are gone. — PolitiTweet.org

Posted Nov. 1, 2022

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Wall Street Silver @WallStreetSilv

🧵 3/3 Debt levels exceed 100% debt to GDP in many countries. Corp and personal debts are at nosebleed levels. It will take decades to reduce. Most economic models suffer from recency bias, based on the past 40 years being "normal". The next 20 years will be very different. — PolitiTweet.org

Posted Nov. 1, 2022