Dear @worldfinances
Im not sure what all those indicators really mean, but it does sound very dark and gloomy.
The reason why this bubble is being so hyped up, is because - when this one pops, is going to be the bubble to end all bubbles
Don't you think that FED and current US administration (or Chinese as well) would find a ways to stimilate economy for another several years? Little financial engeneering and they may even find a way to postpone bursting of that debt bubble.
We are in no recovery at all whatsoever.
What do you mean? From my understanding during crisis wealth is not disapearing - it's simply moving hands.
The world central banks have inflated an epic bubble of debt.
Well. All we need is another world scale project. Perhaps something related to 5G or climate change. That would allow to create new debt and print more money into the system.
All you need to do is to have a commodity backed currency.
They will not allow it.
I've lost you here. What is commodity backed currency?
Great read
Yours, Piotr