Or not yet?
I personally don't buy the whole doom and gloom story this time. Everything is pointing to this being a temporary hiccup.
The US economy is strong and getting stronger. That's all that really matters at the end.
There's still a lot of potential QE left in the Fed and funny enough, the dollar has only gotten stronger despite the massive influx of fiat money. That goes to show how dependent other economies (Europe and China) are on US money.
I personally don't buy the whole doom and gloom story this time. Everything is pointing to this being a temporary hiccup.
The US economy is strong and getting stronger. That's all that really matters at the end.
There's still a lot of potential QE left in the Fed and funny enough, the dollar has only gotten stronger despite the massive influx of fiat money. That goes to show how dependent other economies (Europe and China) are on US money.