This cannot be reflated; we are EXPERIENCING hyper-deflation. What we’re seeing is the 2008 IMPLOSION with a 12-yr delay.
Coronavirus is now, QUITE HONESTLY, one of the worst disasters to come upon the human race since WW2.
The coronavirus has now, effectively, BUTCHERED every person who planned on retiring in the next 5 years.
Yesterday was the full-blown ESCALATION phase. Everything ballooned, intensified and reached an historic boiling point. It started with a 30% DROP in the price of oil – a gargantuan FREEFALL. Never has there been anything similar or close to resembling that!
It’s one of the most incredible anomalies in finance, unless you understand the rationale behind it. Still, after looking at all the variables, I can’t justify lending government money.