I don't agree with any of the financial terms, because they are all based on false statistics and massaged numbers. Even allowing for this, we are measuring the wrong thing.
We should be measuring something like "usefulness of a product" x "expected life" (mean time till failure)
or
Happiness (increment) x length of joy ÷ cost. (very easy to see in christmas toys. How long is the child playing with it after Christmas day?)
But, instead we have GDP... which includes medical care (a negative cost to the system) and govern-cement employees (a double negative cost to the system. Each gov employee costs two private sector jobs)
We will have a hard landing, because that was the design all along.
Shut down the world's supply chains... and print lots of money, and then raise interest rates.
If we all knew economics at all, there would be many people standing in front of a firing line.
This was a blatant take down of the economy.
But, this is also fate.
The Super Shmitah says, you will forgive ALL debts or God will forgive ALL debts.
Our currency is debt built on other debt.
Goodbye debt.
The banksters, instead of being good stewards, are buying up everything with printed money.
However, they are buying up worthless junk.
The housing market is dead. You will grow your own food, in your own greenhouse, or starve. Does your house have an attached greenhouse? Passive solar heating? If not, it is too costly to live there. Even at free.
The stock market is dead. No stock is traded on the stock market. When people realize that... it is just over for the stock market.
The dollar is dead...
However, we are also at the age of future tech.
Like bitcoin replacing fiat, we have many more technologies coming up.
We will have clean, continuous electricity.
We will bring water to anywhere on the planet, easily.
We will connect like never before.
It is the best of times, it is the worst of times...
RE: Hard landing in-coming!