Government debt is deflationary.
Demographics are deflationary when you have 77 million Baby Boomers hitting retirement age from 2007 to 2025 (all of whom desperately want to get out of their mcmansions and into little retirement condos).
The loss of credit availability to the private market is deflationary. The world has 50% less credit availability today compared to 2006.
Rising unemployment is deflationary.
Global overproduction of goods, services, and buildings is deflationary. The world has too many shopping malls, too many cargo ships, too many cars, too many computers, too many aircraft, too many factories, too many office towers...in short, too much of everything.
When the SHTF, have a list, people. We need to take care of business.
I agree with you on deflation but when the government has to continually print money to pay interest on those debts we will eventually see inflation as our currency is devalued.
Regardless, either scenario is not good and we are in big trouble!
Looks symmetrical, with no upside. No short term or long term upticks, so the market is going negative across the board. The Great Unwinding.
but we are paying thru the nose for services like airline travel,health insurance,car insurance.....
“in short, too much of everything.
and how do you get rid of stuff?
A good apocalyptic war should take care of that.