Situation on the streets of US as in 1929

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In US wages were not rising since the last crises in 2007 while inflation was still there. So prices are higher now and the buying power is not there. The new trade wars increased prices of imported products from china. I assume that 90% of the american people have to spend all of their money to survive. In such a situation with no reserves in resources a recession is very likely and there might be not only blood on wallstreet but blood on the real streets of the US as well (meaning civil unrest).

To me it seems to be that this huge bubble on wall street has become just a financial video game. Similar to the uprising of the stock prices because of enthusiasm the last decade there can be panic and the downfall as well. I warned for years that the shiller P/E ratio shows exactly this separation of wall street prices from reality.

See: https://www.youtube.com/watch?v=2akxVzZLBUw

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