The Phases of the Classic Deflationary Debt Cycle

by Annapurna__ I’ve started to read The Principles for Navigating Big Debt Crises by Ray Dalio (You can download here: www.bridgewater.com/big-debt-crises/Principles-For-Navigating-Big-Debt-Crises-By-Ray-Dalio.pdf) and I found the part about the phases of the

Kyle Bass – “Investors should prepare for a U.S. “economic depression,””… Stanley Druckenmiller – “The consensus seems to be don’t worry, the Fed has your back. There’s one problem with that, our analysis says it’s not true.”

twitter.com/hks55/status/1260387077524459525 Bankruptcies coming pic.twitter.com/wmkxwJ9V8o — Win Smart, CFA (@WinfieldSmart) May 12, 2020 Stanley Druckenmiller – "The consensus seems to be don't worry, the Fed has your back. There's one problem

Deflationary Spiral Incoming

by Reduntu Cliffs: Anecdotal evidence suggests wages are starting to decline. Wages never decline — people and employers prefer layoffs. Employees are unwilling to take pay cuts, and employers don’t