The Biggest Deleveraging in History is Coming - and it can't be stopped
A great deleveraging is inevitable. Many are arguing about whether the possibility of inflation or deflation is more likely. The problem is, you get the deleveraging either way. And the deleveraging is the painful part. The individual winners and losers may change, but overall, the economy still MUST pay back the purchasing power that was already used in the past.
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#deleveraging #inflation #deflation
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