All "emerging economies" and shitholes, total shitholes being first in line, will (and are) suffering major economic (and social of course) blows right now due to the covid lockdown crap and the global slowdown of trade, manufacturing, and supplies
Which of course, will translate in mass immigration toward "safer spaces" aka first world countries
Which will have consequences of course, socially, politically and economically...
...
Take care of your boat
I have a bad feeling we are delaying and making inflation worse in the long run. We could have a more severe crash coming long term.
You think? /s
Now consider that all this inflation delaying crap/can kicking/QE has been going on since bernanke, at least. That's the sort of godzilla sized tsunami we'll ultimately be dealing with.
In fact, that's what all central banks are about "these days"; to mask currency fluctuation by delaying inflation. Sure it works, until it no longer does of course, and then it's the fucking withdrawal, just like with drugs. Currency fluctuation being the "natural" state of things. So in the end, when it ultimately no longer works, you still end up with currency fluctuation... Currency fluctuation, with a vengeance essentially.
And now I hear this in my head and I don't know why https://www.youtube.com/watch?v=Ij99dud8-0A
(post is archived)