World can be expected to loose 4 trillion apparently between now and 2026, which is a huge amount.
Note that is is only on paper! It's not as if 4 trillion dollars worth of houses disappears. It all just gets a slightly lower value, which creates new opportunities for others.
To quote myself:
I'd say a recession is long overdue.
I blame the BRRR, and somehow they all worry more about a possible recession than about the huge inflation. The entire fiat money system is build on eternal growth, which can't go on forever.
Recessions are
normal! Negative interest is
not. In the past years, it seemed like recessions aren't allowed to happen anymore, while they're just a normal part of a healthy economy. It separates the strong from the weak companies.