Peter St-Onge: « La plus grande bulle de crédit de l’histoire » n’a même pas commencé à éclater malgré les faillites bancaires et l’effondrement de l’immobilier commercial.
"Greatest Credit Bubble in History" hasn't even begun to pop despite bank failures and commercial real estate collapse.
James Grant warns that after 15 years of easy money, we could be in for a generation of payback in stagflation and multiple financial crises.
And, yes, it's… pic.twitter.com/Cq24FmKX4f
— Peter St Onge, Ph.D. (@profstonge) December 19, 2023