Tipping points: sorry to say that we've arrived at one. This isn't a normal recession and what follows won't be a normal recovery. Chickens coming home etc and other metaphors. M3 + level of public debt is the narrative.
Turbulence ahead; fasten seat belt sign on; head between knees; barf bag at the ready: Barf. Feel better? You shouldn't - it's not over yet.
Not a good time to load up on debt with only the implied promise of a false dawn as a bail out.