RE: The Deflationary Sucker Punch
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What I am wondering is how much new money is needed to counteract deflationary pressures and how far can we take it? Can we escape it for another few years? Or will we get sucker-punched into a deflationary spiral?
i am curious myself especially when mostly each and every county are in dept. When the bubble is gonna burst and how bad will be, i am thinking
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Exactly each country has their own issues especially now with this lock downs and increasing debt so every country is in a diffent space and will need different levels of stimulus to get out of it
Some will be able to keep it going others will have to collapse it won’t be a whole world thing but 1 by 1 I am sure we will see more currencies dying
and it's also a chain effect, for example, let's say that we got 100 countries that took some measures, did a lockdown etc etc From those 100 let's say that 20 will get in a pretty bad situation because of dept. What will happen then? will the other countries give money to them in order to survive, lower the wages, have more cruel measures for the everyday man?
and if yes what all those people will do? marchings? leaving for another country to find work while we already got many issues related to that?
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I agree with you there, we don't know which countries partnerships and imports and exports will be affected and there's so many knock on effects that we don't realise that will play out over the coming months/year
Other countries obviously can't pull an America and send people money the way they do, so we'll have to see how these countries cope and if this forces them into a bretton woods type situation where they can print money similar to the US to try and keep it going.