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Yea, the US economy is based on constantly growing debt basically, which can't last forever. My favorite is the ad bubble now, and ads are basically designed to
by yuhong 9y ago
Yea, the US economy is based on constantly growing debt basically, which can't last forever. My favorite is the ad bubble now, and ads are basically designed to increase consumption. It is probably worth mentioning China too: http://www.zerohedge.com/news/2017-08-06/chinas-minsky-moment-imminent http://www.zerohedge.com/news/2017-08-06/chinas-minsky-momen...