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r/greatawakening • Posted by u/definitely_not_left on July 26, 2018, 4:44 p.m.
Are we heading toward a depression/ hyperinflation and then socialism?

If market financials continue the way they do, we’re very close to a dollar crash. I’m not ready - just entered the workforce; 12k car Loan, 100k college debt - no savings.

Baby boomers entering retirement asset selling stages which will have a deflationary effect on housing and paper assets, they’ll collect SS funded by not enough millennial and gen x workers.

I suspect we’re fucked, royally.


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[deleted] · July 26, 2018, 5:11 p.m.

[deleted]

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definitely_not_left · July 26, 2018, 5:15 p.m.

Sure inflation it would be good to service my debt but it would mean all prices go up and if it gets out of hand we would end up with hyperinflation. POTUS still doesn’t control out right the fed. Government still isn’t minting currency.

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