Couldn't agree more. I remember in September 2021, when there were rumblings of consumer electronics shortages coming before the Christmas holiday season. I knew they would have to sell their overbought inventories at a discount, to clear out space so that they don't get taxed on what's leftover.
I was saying earlier this year that we were in a depression, and not just a recession. I'm forecasting something far more damaging than 08.
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