The collapse of the US M2 money supply is a concerning development. M2 includes cash, checking accounts, and easily convertible near-money assets. A failure suggests a substantial reduction in available money for spending, saving, and investing. This could lead to decreased economic activity, limited credit availability, and impact on various financial aspects. It's crucial to closely monitor this trend's implications on consumer behaviour, lending, and overall economic health. Stay tuned for deeper insights on this unfolding situation!
This historical chart telegraphs a dire warning for 2024.
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