Loading ...Todays paper way too many people are not paying very late on their utility bills. Many people still not paying their mortgage loans. They are shutting down a big shopping mall near me. Also a CVS shut down. Ya know, all during the pandemic, I was wondering what the next fiasco was going to be. Here it is. Now wondering about the next one after Ukraine.
A currency collapse and runaway inflation? Or a deflationary collapse with no liquidity and nobody can sell anything for the normal very high prices. Especially stocks bonds and real estate. There was a deflation during the 1970s with stocks bonds and real estate. Interest rates went like 6% to 20%.