Quote from: ene1980 on May 31, 2021, 05:23:32 PM

Quote from: leea-1334 on May 31, 2021, 02:43:57 PM

I wish I could agree with you but all the "strong" economies are propped up by fake things. Fake money, more fiat pumped into the system. I mean even big global companies in Europe and USA all fall if they close for a few weeks and yet we are expected to live on savings for months.

That is what COVID revealed to me,,, that banks and financial systems and economies are so, so weak with nothing to stand on.

I am literally surprised that the economy still holding up even if the entire industries were on a stand still for a long time and still the stock market was not having any major correction and i was expecting the stock market to fall badly last year but that did not happen and still the market is holding well and with the financial aide these governments are pumping will hold the market for a while, we will literally see a major correction.

They keep pumping cash to cover the holes. It was like in the 2010 banking crisis,,, when loans defaulted, they covered it up with more and more loans. And in bad economies the government keeps printing more and more money to put more cash into the economy. So everything seems all right on the surface until a point inflation cannot keeps up.

So now economies are not producing but cash is stimulating spending.