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[–] Delacourt ago 

Could I get a TL;DW?

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[–] BlackSheepBrouhaha [S] 0 points 1 point (+1|-0) ago  (edited ago)

1-10 year bond yield curve inverted, meaning short term interest rates are higher than long term interest rates. This indicator predicted the past 7 recessions. We'll see a lot of debt defaulting, deflation, and quantitative easing to maintain asset prices. This tumultious period will dry up lending and thus the velocity of money and slow the economy until prices match the productive output, or governments reset their currencies to erase the debt.

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[–] Delacourt ago 

Good to know. Thanks.