angor,
Europe is going into an Economic, Financial and Societal Collapse
China isn't out of the woods on quite a few fronts and the US, Canada and Mexico are also going into a spiral.
Then there is the rest of the World ..................... and the velocity at which money circulates outside of the Official Banking System where most people don't care to look........................ sort of like how Australia boasts about 29 continuous years of growth while Per Capita GDP has flat lined if not shrunk, hurting millions of Australians, but don't worry that because the Immigration/Property Ponzi Scheme makes it look OK on the last sheet of the report .................. Australia and a large part of the World have been living a lie.
World Economic Production is going to shrink while the flow of money to Banking and the Bigger End of Town is going to increase. Spending Power down the Small End of Town will diminish
I reckon there will be a shortage of goods and inflating prices for essentials, perhaps even hyperinflation for food driven by panic buying and shortage ............... So whilst they freeze mortgage payments and loan interest and capital repayments .............. it will eventually have to give somewhere .............. but where and when and how????
So much uncertainty and we don't even know the full extent of the Government/s Rescue Packages.
MI
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