Thursday , 28 March 2024

Debt & Deficits

When the Bubble Bursts It Will Cause Deflation & Drive Widespread Social Unrest – Here’s Why (+3K Views)

Should we be concerned when tepid economic growth and low inflation are accompanied by increasing public and private debt? Are we borrowing just to stay alive? [As I see it,] national governments will increase national debt loads in order to stay in power until one or more of them default. Then their will be financial panic which will most certainly be deflationary. Here's why.

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