You better get used to working hard, because the days of easy magic fairy dust money are long gone after 40 years of mania.
The following scenario is going to make wallstreet very angry and I'm sure a lot of retail investors are going to be forced to give up and start working longer hours to adapt to an expensive already inflated life that just won't lower prices anymore, while at the same time, record high interest rates have already made it much harder for everyone to access bank loans and 0% credit cards.
From Japanese herbivore men to Western Men Going Their Own Way, Japan during the 80s and 90s is the textbook play for the world to follow.
What is usually known as "depevelopment" is actually a 4th stage of population growth/flattening that will surely lead to a global ageing population or demographic and pension crisis in the coming years and decades.
So technically, there won't be any great depression like 1929, and there won't be any hyperinflation either (except for a few failed states in Latinamerica of course),
A recession is not as boring and as predictable, as an eternally long stagflation, which is the most hated but necessary scenario to push foward out of so much debt.
The following scenario is going to make wallstreet very angry and I'm sure a lot of retail investors are going to be forced to give up and start working longer hours to adapt to an expensive already inflated life that just won't lower prices anymore, while at the same time, record high interest rates have already made it much harder for everyone to access bank loans and 0% credit cards.
From Japanese herbivore men to Western Men Going Their Own Way, Japan during the 80s and 90s is the textbook play for the world to follow.
What is usually known as "depevelopment" is actually a 4th stage of population growth/flattening that will surely lead to a global ageing population or demographic and pension crisis in the coming years and decades.
So technically, there won't be any great depression like 1929, and there won't be any hyperinflation either (except for a few failed states in Latinamerica of course),
A recession is not as boring and as predictable, as an eternally long stagflation, which is the most hated but necessary scenario to push foward out of so much debt.
