The demand destruction from Covid will last for years.
Demand destructuction is greater than Covid stimulus.
Buildup up debt is inherently deflationary.
Demographics are deflationary.
By bailing out failed corporations, the Fed is creating more and more zombies...
ZeroHedge is usually off the charts with ‘screaming’ and wild-ass predictions, but this article is an interesting read if you just jump to the end.
Story Time 1929-1936
It has me wondering what might be thought of as ‘safe’, and yet will slow.
For example, the Globe & Mail (Canada’s equivalent...