Summary: a brief description of the post-WWII debt supercycle, now ending. This describes the problem (posts listed at the end give more detail and links to authoritative studies). What should we do about this? For my recommendation see A solution to our financial crisis (you will probably find it shocking, unfortunately). For many months we were told … Continue reading A picture of the post-WWII debt supercycle
My framework for analysis of current economic events sees this as the end of the post-WWII geopolitical and economic regime. Like walking through a forest and seeing only trees, it is difficult to grasp the magnitude of these events. Long-term graphs are needed, and easily show that current events reflect the ending of a long … Continue reading Can you see the signs of spring in the coming of winter? A note about the recession.