Both Japan and China are now in deflationary liquidity traps. The U.S. and Europe are following close behind. Soon the masses will learn the hard way, you can’t borrow your way out of a debt crisis August 23, 2022 8:30 pm by IWB by BoatSurfer600 JDimond: Soft landing 10%. Hard landing, mild recession, 30%. Deep recession, 30%. “Something Worse” at 30%. Rickards: The Fed’s Set to Pour Gasoline on a Fire
