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Daily Archives: March 20, 2023
Crash or Growth Ahead? Assets Probably Can’t Squirm Out of Taking Damage Either Way…
Looking ahead, we probably face either (mild) inflation or debt deflation.* Both leading to the same place. Losses on assets. * [Debt Deflation] = deflation, causing people to default on their consumer loans and mortgages. Bank assets fall because of … Continue reading
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