The shit we are in started with Governments deciding they needed to bail out private companies with public money in the GFC.
if we took our medicine then and let companies fail and had our long and horrible recession then it wouldn't have lead to the depression we will have eventually when all these bubbles end.
Not sure when it will happen, but it's going to be really long and ugly.
History is just repeating itself. This is one massive super debt cycle that must eventually unravel.
Literally every asset is or has been in a bubble.
A Ponzi scheme like that just can't last forever.
History will not judge this era kindly in my opinion.
