nah, modern monetary theory solves the debt issues. inflation is a concern but only for those without an asset base.... poor will be poorer, the rich richer and the middle class evaporates.
china, like every other country will build there way out of this shit show. and as for crashes its never the thing you think its going to be...hence it crashes rather than a slow bleed.
as for aus we have 1 trick alot of other countries dont have...capacity for 100 million more people that all need coffee and cars and houses. they are already talking mass migration.
i just dont think the risk is that high. covid has done ita damage and the world is moving on.... people are dying sadly yes, but thats an inheritance transferred early, a job freed up... from an economists perspective the reset has already happened.
VRX Price at posting:
15.5¢ Sentiment: None Disclosure: Held
