UR Hosed

May 08, 2023

by Karl Denninger Market-Ticker.org

Well I hope you enjoyed the monetary speedballs because now comes the hangover, and if you try to demand that any more speedballs are administered the nation’s heart will explode and die.

Let me point out something you won’t see reported in the lamestream media.

The 0.9-percent productivity decline is the first time the four-quarter change series has remained negative for five consecutive quarters; this series begins in the first quarter of 1948.

Of course we didn’t have this series in, oh, 1930.

Go figure.