The Global Economy enters Recession 2.0
Channel: The Nomad Economist
Date: 2022-05-26

As the global economy moves forward it is difficult to ignore that it is constructed on a weak foundation of imbalances, lies, and excesses. This is why we should expect the economic "end game" resulting from decades of failed policies to be very ugly. Sooner or later all great Ponzi schemes must come to an end. When the markets finally succumb to the fact that current economic policies have failed all will collapse and the "end-game" will have arrived. Following the financial Armageddon and I do mean following, as by "several" months, central banks will be forced to unleash such a massive amount of new currency into the system to combat a scourge of deflation that it will stagger the mind. This will in effect clear the deck of deadwood through hyperinflation and pave the way forward to introduce a new or a "batch of new" currencies. Call it a "re-alignment" if you wish, but in reality, it will be the recognition that our path was an unsustainable illusion and that a new start will be deemed the best path out of the legal morass that contagion and collapse has rendered. 


For the full transcript go to https://financearmageddon.blogspot.com
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