william the wie
Gold Member
- Nov 18, 2009
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The kind of forecasts that Jamie Dimon (4%) and the Atlanta Fed (5.4%) are making and the twinges of wage push inflation already present in the economy would indicate bank rates are going to sky-rocket. Credit card debt and mortgage rates are going to go way up. Vocational training is going to be big and non-STEM education of any sort is going to shrink rapidly. But that will take 2-5 years to kick in fully even with most skilled workers fleeing the blue wall for the red edge. How fast and how bad will it get inside the blue wall?