Ive read all about it in multiple places. It’s absurd. I just hope another recession doesn’t hit any time soon, for the sake of my fellow Canadians.
RE: DEBT Is The New Normal! How We Are Inching Closer To The FIAT Cliff.
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DEBT Is The New Normal! How We Are Inching Closer To The FIAT Cliff.
We are one of the worlds most indebted countries. So a recession can hit at any time. I think this time since our central banks have ran out of ammo there is a depression(Deflation) voming ending with a inflation panic (hyperinflation) from central banks trying to save the economy.
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I don’t see what else they can do other than print, print, print more money and put interest rates to 0% if another recession/depression hits.
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