As the central bankers of the world try to avoid the impossible, it suddenly occurred to me that the citizens of the U.S. are also attempting the exact same thing.
As most good economists know, the economic cycle of growth has certain undeniable stages.
Starting with growth, we then move to the excessive boom.
Yet, it seems that after everyone is finally in, the balloon bursts and the bust phase commences. At this point the inevitable contraction occurs.
Company after company fails, people are unemployed, houses are foreclosed upon, and financial collapse is everywhere.