Toulon Curious what you think about this as it pertains to the global economy. One of the things I'm preparing for is being told the world economy is collapsing and things like what are happening to India are to blame.
I didn't write any of the below. Just curious to hear your overall thoughts on the points that follow...
The US Dollar index (the value of cash) peaked on September 1, 2019 and has been in a fairly steady decline ever since. https://finance.yahoo.com/quote/DX-Y.NYB
The dollar is currently within its normal historical range. Strong dollar is good for consumer buying imports, global travel, but bad for US manufacturing jobs, exports. Beyond my expertise, but a strong or weak dollar is not a "this is good, this is bad" type of thing.
The Repo Market (basically the lifeblood of the entire world's financial system) began seriously breaking down on September 17, 2019: https://fred.stlouisfed.org/series/RPONTSYD/
Executive Order 13887 was signed September 19, 2019: https://www.federalregister.gov/documents/2019/09/24/2019-20804/modernizing-influenza-vaccines-in-the-united-states-to-promote-national-security-and-public-health
"Event 201" was a high-level pandemic exercise on October 18, 2019: https://centerforhealthsecurity.org/event201/
We have done pandemic Business Continuity Planning for quite some time, well before this exercise or COVID
The first ever-reported COVID-19 case in China was on December 31, 2019. https://www.history.com/this-day-in-history/first-confirmed-case-of-coronavirus-found-in-us-washington-state
The deepest part of the 30 Year Treasury Rate (United States bonds) crash happened on March 9, 2020. https://fred.stlouisfed.org/series/DGS30
It has climbed since then. Helps drive that home value you want to cash out on 😉
The first lockdowns in the United States began on March 19, 2020. https://www.ajmc.com/view/a-timeline-of-covid19-developments-in-2020
The deepest part of the real estate market crash happened in April 2020. https://www.macrotrends.net/1314/housing-starts-historical-chart
The United States' initial jobless claims peaked on April 4, 2020. https://alfred.stlouisfed.org/series?seid=ICSA
The price of oil dropped to (negative) $40/barrel on April 21, 2020. https://www.eia.gov/dnav/pet/hist/rwtcd.htm
The M1 money supply went parabolic on April 27, 2020. https://fred.stlouisfed.org/series/M1
What else could be so big that it would cover up a global financial system collapse? This is why we are seeing hyperinflation in many countries all over the world at the same time right now.
Touched on the few I had time for now. What countries are seeing hyperinflation? Hard to get data past 2019. Venezuela for sure, maybe a couple of countries in Africa. Did find this link, no idea of accuracy
https://worldpopulationreview.com/country-rankings/inflation-rate-by-country