So the old habits have created a very sick financial system, and Dr. Market says it has to quit and go cold turkey. So the market may see “people walking thru walls”.
Symptoms that occur when a financial system stops using bad ideas after a period of heavy printing of money can vary widely in severity. In severe cases, the condition can be life-threatening.
Symptoms may occur after 30 years of dropping interest rates and rates start rising or stopping the printing. They may include headaches, nausea, tremors, anxiety, hallucinations, and seizures in various markets.
In many cases, globalization withdrawal requires medical treatment and hospital admissions. Import tariffs and on shoring may be used to treat physical symptoms of supply chain problems, while the reality of negative results help with controlling printing behavior.