S&H projected the Great Devaluation to occur c2002-2008.
Has it occurred? If so, when?

Originally Posted by Tom Mazanec

S&H projected the Great Devaluation to occur c2002-2008.
Has it occurred? If so, when?

Not a singular event. A chain of events.

I would say it started in the mid 00s when the yield curves crossed over, eventually leading to the Great Melt Down later that decade.

Now we are deflationary in the commodity space.

Next?

Originally Posted by XYMOX_4AD_84

Not a singular event. A chain of events.

I would say it started in the mid 00s when the yield curves crossed over, eventually leading to the Great Melt Down later that decade.

Now we are deflationary in the commodity space.

Next?

Stocks have essentially been stagnant overall for the past 16 years. Wages stagnant, Commodities in a global deflationary trend.

As much as politicians like to tout (or cry) about the current economic conditions there is only so much they can do.

We are very much in a 1930's style growth patter, but with the institutions in place for it to "feel" less serious and to ease the symptoms. There are so many systems in place (plus our economy is so much more robust and gigantic) that the feeling of this depression isn't as severe, but buy the real raw data it is truly just as bad.

The great devaluation has/is happening. Its all around us.