Who can say if any of this will really happen? What can be said is that there is no reason to be certain it couldn’t. We are pumping out money incomes across the world to people who are not producing anything. We have pushed our economies into recession as an act of policy. Value adding linkages are being broken at every turn. And the thing about recessions and crashes is that they are never seen before they happen other than by a handful of speculators who manage to clean up while everyone else goes broke. Just like in the Global Financial Crisis.

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