Originally Posted by
managed
SPOT ON!
There is 2 choices ahead. Deflation and the markets correct themselves or Hyperinflation. Unfortunately the the GFC taught the politicians that helicopter money, ludicrous interest rates and QE are the only things that "work". They are only going to make it worse and we are eventually headed down the well worn path travelled by Zimbabwe, Argentina and Venezuela.
And Germany of the 1920s. And that was after Spanish Flu killed about 500,000 Germans in 1918-1919. And everyone knows what happened in Germany not long after that....
So we have a world wide flu pandemic, the risk of a serious economic event, and this will then lead to an increase in nationalism (as countries isolate themselves and restrict travel, this will then escalate as they focus inward and globalisation and free trade become nasty words) .