>>512976894
exactly. it's a death spiral. i do wonder where we are in it currently. all macro indicators we can gleam look abysmal, but it's difficult to judge when they keep the facade up.
i made two predictions: (1) they'll likely break around middle of this year, and (2) it'll come abruptly.
i was obviously off with the first one, but i do believe not by too much. i still believe the second one is right, and i believe the second half of this year is likely the breaking point.