This Madness is Now Global, so Next Up: Global Depression
Channel: The Survival Economist
Date: 2021-04-06

This Madness is Now Global, so Next Up: Global Depression

A few days after the  pandemic was officially announced last year on 1/23/20 . In my view it still stands, with two updates: "vaccines months away" has been updated to "mass vaccinations months away" and "Wave 2" has been updated to "Wave 4." 

The end-point--global depression--is up next. Very few are prepared for this eventuality because they put their faith in 1) central banks pursuing an insane folly and 2) a fragile, brittle global economy that was already teetering on the edge of destabilization before the pandemic.



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