The Federal Reserve Will Be Too Late

Lumber is quietly down 50 % from its march hights. So obviously we are moving into a recessionary environment. But obviously the federal reserve will be too late, as they 're always. Never before in history have we seen such a financialized economy. We've never seen more dependent on high and rising estert prizes. And i just don't see this a, you knowa soft landing narrative. It it just doesn't work out in practiceis like if i tell my my kids, ok, just have one piece of chocolate and then that's it. You know, it sounds great in the ry, but in practice it just Doesn't work.