Sunday, March 2, 2025

Tag: THIS IS FINE

THIS IS FINE

by Jim Quinn, The Burning Platform:

If ever a chart told the story of the biggest debt bubble in world history, it’s this chart of doom. Note that the numbers are inflation adjusted. Every time personal interest payments have reached $1.3 billion during this century, we went into recession. All precipitated by enormous bubbles (dot.com, housing, everything). I wonder what happens when they reach $1.8 billion?