Reply To: Silicon Valley bank and the economy crashing

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akuperma
Participant

The bank failed since the Federal Reserve raised interest rates to discourage inflation, which was caused by the decision of the Congresses to spend money without raising taxes (or to be more precise, a view of all Congressmen not to cut funding for programs they favor, and not raises taxes on their supporters, which ends up as a bipartisan consensus to do nothing other than make rude noises when they should be cutting spending and/or raising taxes).

It is highly unlikely that inflation will rise to the level that Israel had in the late 20th century, or Germany during the Weimar Republic period. A crash requires unemployment, and the shortage of workers as current exists (due to low fertility since the mid-20th century among secular Americans) limits the growth of unemployment.

The goyim do have an inclination to assume that the “sky is falling” and we should not let their delusions influence us.