Posted 1/14/2024, 12:30:00 PM
Analysts Warn Capitalism in America Could Unravel by 2024
- Prediction that capitalism could end in the US by 2024 due to mounting debt issues and government intervention
- Scenario involves high inflation, rising interest rates, and desperation measures like tax-free bonds
- This could cause investors to abandon stocks for bonds, collapsing equity markets
- Analysts argue the government role is already increasing via regulation and "wokeness"
- Result could be a government-run economy that is less efficient than the private sector