Ann: September 2023 Quarterly Activities Report, page-33

Disagree, the US economy is in a much worse state than it was almost 2 years ago. Debt is through the roof and the data is starting to show stagflation issues and unemployment guidance has just been degraded and business activity looks horrendous. Things are going to spiral out of control very quickly from here.

It appears a lot of the data since covid was manipulated heavily because they thought they could lie in the short term and keep market confidence high while fixing all the problems in the background. Unfortunately due to poor foreign policy and wreck-less spending the problems have changed from short term to long term problems. They can no longer cover up the the cracks and need to publish the real data otherwise the negative changes will be too drastic month by month and spook the market. It also doesn’t help, losing the oil market control and be prone to inflationary pressures. Not looking good! Glad to have a lot invested in NST right now.