It also makes you wonder how much of that market growth and inflation is really fueled by credit cards and other debt. If inflation is the result of more dollars chasing fewer goods. What if a large percentage of those dollars are debt dollars?
No one on either side really cares until something crashes or a core group of people are personally affected, like when Social Security begins to get cut or the qualifying age gets pushed out beyond the life expectancy of most people. Everyone is just content to "get theirs" and ride it down on...
My pessimism has more to do with the OL that is supposed to protect KT. Unless there are any unexpected surprises there, it will be a Mercedes in a trailer park situation. He may be running for his life, a lot.