You assume that double digit interest rates are not possible just like your ilk assumed a housing crash was a thing of the past and just like your ilk assume that bubbles like the tulip mania are impossible. I’m here to tell you that you are pretty much wrong inflation can hit double digits if Biden puts a dovish Fed in place, the Europeans even in the face of high inflation refuse to raise interest rates. The housing crash did occur in 2007 and China is in the throes of one and the Cryptobubble is so large it dwarfs the bubbles of our ancestors. You can thusly conclude that this is the stupidest generation of investors since the Great Depression since we are doing all the stupid stuff we were warned not to do by history.
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You assume that double digit interest rates are not possible...
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