20
Apr
2021
We're in unprecedented economic territory following the massive credit bubble collapse starting in 2008. Though we have skilled credit crunches previously, this one is larger and is connected with many important created nations increasing the chance of international contagion. The normal course after a credit crisis is massive re-payment of debt, referred to as de-leveraging. This de-leveraging on an enormous range may induce a deflationary environment. Deflation is poor and unpleasant because paying, equally on a corporate stage and personal stage, decreases to a crawl. In turn we have problems with asset value declines and eroding personal wealth all in just a large unemployment environment. Governments are using almost all of the...