• 0 Posts
  • 6 Comments
Joined 10 days ago
cake
Cake day: February 8th, 2025

help-circle
    1. Tariff-taxes increase inflation.
    2. Declining supply of cheap foreign goods cause consumer price index increases.
    3. Federal Reserve Board increases federal fund rate to try to decrease inflation.
    4. Stock market bubble collapses.
    5. Real estate market declines as owners try to get out of “investment property”.
    6. Banks start foreclosure on many no-pay mortgages.
    7. Without mortgage payments coming in, banks become insolvent.
    8. A few weak banks go bankrupt, leading to a massive run on all banks.

    1. Profit.