posted on Oct, 17 2019 @ 06:56 PM
This is a quite spectacular thread.
A handful of posts are on point but some are from another planet.
Bottom line: the world's economies are not far off where they were in 2005/6. Despite the tabloid headlines about how wonderful the economy is,
interest rates remain painfully low - the sign of a weak economy. Low interest rates mean everyone, from government to business to individual
households is racking up massive debts again. Deregulation using the free market as an excuse has made the debt mountain shaky, although not as
unbalanced as back then. A shift in capital over the last forty or so years means the most exposed are the middle classes.
It will take just one significant failure to bring the whole thing grinding to a halt again.
And it serves us right.