Many observers of governments and markets thought the governments of the world would let their new debts inflate away. The idea being that as everything inflated, the debt would become relatively smaller and therefore more manageable.
However, it looks more like some governments and/or central banks will try to ensure people will pay back all the debts that they didn’t ask to be created. And to do so may involve everyone working at two or three jobs to raise the money, pay the extra tax and pay off the debts.
If you haven’t thought about how the next 1, 2, 3 or even 5 years are about to play out, you had better consider some of the options for our future. Listen to a few doomsayers and optimists for contrast. Then get yourself set up in November because March may be too late.
Your Thinking...