- United States
- Ohio
- Letter
The US is ending fast, stand up now!
To: Rep. Latta, Sen. Husted, Sen. Moreno
From: A constituent in Lorain, OH
March 11
I am sending you what someone else has wrote, but it speaks volumes: Inflation is manageable. A recession is manageable. High unemployment is manageable. A failed harvest is manageable. A trade deal breaking up is manageable. A constitutional crisis is manageable. A supply chain disruption is manageable. A war is manageable. A reduction in government spending is manageable. A breakup of an alliance is manageable. But not all at once. If these trends all manage to hit, which they almost certainly will, we will be seeing a collapse of employment and industry combined with rising prices: classic 80's style stagflation. The inflation will be transitory - the prices will probably only go up initially as the tariffs are threatened, then imposed and trade starts to fail. After a short while of stockpiles depleting prices might go up a little more, but it would basically reach a new normal at a higher price point. Agriculture will recover, etc. Still, it's a good year or two of suck. In the mean time that inflation will paralyze the Fed: They'll want to lower rates to counter the recession, but bond markets would rebel because of the inflation. QE would be a possible response, but would also be seen as irresponsible with 'room to cut' being available and inflation already at a high point. With the regime being too [redacted] to respond to the self-inflicted damage things will turn nasty. With most adults in the room purged outright or sidelined, the recession will quickly transition to a debt-deflation spiral, and somewhere along the way the massive bubble in asset prices is going to pop and we'll see the 3rd Minsky moment of the past century. That's when the Greatest Depression starts, folks. Some believe that the regime's economic 'thinkers' (Bessent, Lutnick, Miran, Navarro) have explicitly planned to crush the economy as soon as possible so they can say it was "Biden's economy" that crashed; this would let them both profit off the collapse, and allow the president to swoop in and rescue the country. But be it malice or gross incompetence... such a rescue is not possible. I promise you this, you will not be saved from this and will fall alongside the rest of us. This is not a threat, this is just reality, Elon nor Trump cares about you, fight for your constituents or quit now and at least you won't have to keep playing this dangerous game while people are dying.
Write to Robert E. Latta or any of your elected officials
Resistbot is a chatbot that delivers your texts to your elected officials by email, fax, or postal mail. Tap above to give it a try or learn more here!