How long can the U.S. economy rely on asset prices? How high the unemployment rate could soar if consumers halt spending this winter?

“The question is how much longer can the US economy be propped up by asset prices?”

The answer is: the economy is being propped by government spending that gooses asset prices at the expense of the people that pay for it through #inflation t.co/a96qCMia2P

— JustDario 🏊‍♂️ (@DarioCpx) August 29, 2024