It is starting to look like the world is going to grab the Coronavirus and try to use it as the reason that the world economy has to crash and only that reason…
Of course being in debt up to our yin yang and owing everyone everywhere so much money that paying it back would take 10 million years….has nothing to do with the world finances? Right?
Good quote: Debt, we’ve learned, is the match that lights the fire of every crisis. Every crisis has its own set of villains – pick your favorite: bankers, regulators, central bankers, politicians, overzealous consumers, credit rating agencies – but all require one similar ingredient to create a true crisis: too much leverage. – Andrew Ross Sorkin
It has been fun spending money we never had and running the printing presses 24/7/365…
Thus, I ask myself, “Self, what does the “Power too Be’s” have in mind after they destroy our system as we use it now?”
Hmm!
WtR