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RE: 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.
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.