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Re: howardriggin post# 68970

Friday, 08/26/2022 2:53:53 AM

Friday, August 26, 2022 2:53:53 AM

Post# of 87897
Outside my prediction of a coming depression last year that would begin sometime between Sept 2021 & Sept 2022 (already in progress) and that covid seasonal waves were getting worse? There's

Burry:
https://nypost.com/2022/08/12/big-short-investor-michael-burry-warns-of-consumer-debt-crisis-winter-coming/

White House:
https://www.washingtonpost.com/health/2022/05/06/fall-winter-coronavirus-wave/

Farmers Alamanac:
https://www.farmersalmanac.com/extended-forecast

Growing energy & heating costs:
https://www.wsj.com/articles/endless-demand-spurs-u-s-natural-gas-prices-to-shale-era-highs-11661245053

Now consider what rapidly increasing natural gas prices will do to people already struggling with inflation and debt while trying to heat their homes during record cold all over the US. All while dealing with another major covid wave.

This doesnt event factor in potential geopolitical events that may occur at anytime; likely will not worsen until next year.

After mid September I suspect markets will look more bearish.
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