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RE: The Economic Storm Is Brewing, That Will Crash The Global Economy
Yep, I agree 100%. My only question is on the timing... when will this bubble ultimately pop? I personally think it could go on a lot longer than most 'experts' seem to think...
One could argue that since a fractional reserve bank is bankrupt by definition, that this scam bubble relying on infinite growth has already lasted an absurd amount of time in the first place. Then they elevated the scam to the point of claiming debts are assets instead of liabilities. The next stop is NIRP where assets are liabilities to decrease in value, while people are simultaneously being paid to go into debt. It's more of a comedy system than economic system.
At 0% interest, it's still just kind of a wonky, comical scam, but going to NIRP actually requires pointing guns at people to force them to go along with it, so things change a lot here and the timelines tend to shorten.