Friday , 1 November 2024

Lorimer Wilson

Borrowing Binge & Asset Bubble to Continue Until…Until

History strongly suggests that, rather than a return to a nice, placid world of “normal” interest rates, we are likely to see a continuation of the borrowing binge/asset bubble until real rates spike as a result of either soaring nominal rates soar or plummeting inflation. Here's why that is the case.

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