It’s not the 80s or 90s anymore. What does this mean? It means that the times of excess, irrational exuberance, and a massive number of leveraging, are over. We are now entering a phase of deflation, which means prices for everything would decrease.
It’s not the 80s or 90s anymore. What does this mean? It means that the times of excess, irrational exuberance, and a massive amount of leveraging, are over. We are now entering a phase of deflation, which means costs for everything can decrease. This can be good in some ways, but overall, it’s bad. It can damper the economic recovery.













































