COVID Has Triggered The Next Great Financial Crisis

https://www.nationandstate.com/2021/05/05/covid-has-triggered-the-next-great-financial-crisis/

Authored by Charles Hugh Smith via OfTwoMinds blog, What’s left are the ‘fatal synergies’ of soaring debt and leverage, diminishing returns on stimulus, the substitution of credit for savings and the coming deflationary tsunami that pops all the speculative bubbles. Imagine a once modest but sturdy home…

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