Thursday , 14 November 2024

Tag Archives: crdeit expansion

Richard Duncan: IF Credit Bubble Pops Civilization Won’t Survive the Depression that Follows (+2K Views)

Our civilization would not be able to handle such a transition from an expansionary credit based economy where goods and services were readily available into a paradigm of credit contraction, supply shortages and destitution and this is what is coming. There is no way to prevent it – only to defer it until a later date - and that day will soon be upon us. Words: 590

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