|
|
|
|
|
by quasimojo
6452 days ago
|
|
no, we are not the ones to "solve" it, because there is no button to push, method to be invented, or novel approach to making everyone solvent with web technology. what we are, we're the people who will live with reduced wealth for decades to come. debt must be unwound and asset prices reverted to the mean. there is no shortcut. regimes that have taken shortcuts have ended violently. for example, monarchist france and weimar germany. we are, ONCE AGAIN (like 2002), attempting to put off (inevitable) deflation with hyperinflation. or do you think pumping like $3 trillion globally into markets will have no impact on currencies? the dollar will not make it to 2025 |
|