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#1077 Dave Collum On Why Everything Is Worse Than You Think

The Pomp Podcast

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The Future Will Not Look Like the Past

The future will not look like the past. That's the safe statement. Mi think this next ro session we'll be a killer, because we have too much debt. The fetal reserve has no amo fake our way out of it. We haven't even gotten back to the precovet peak,. which was already a disastrously high peak. And i'm not sure we're going to unwind sub two thousand. I had something that made me wonder if my little mask is off. But yesterday thit made me actually think  we could get down to 12 hundred below fair value. Ought to wak, ought to be below historic levels. If you ought to call

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