It seems to me that the last 30 years or so worth of supposed GDP growth has really just been a debt-driven illusion . . . since oil and other commodities, real estate and stocks all collapsed there are no more asset classes left to hide the massive debt load in.
It seems to me that the last 30 years or so worth of supposed GDP growth has really just been a debt-driven illusion . . . since oil and other commodities, real estate and stocks all collapsed there are no more asset classes left to hide the massive debt load in.