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The world of prosperity steadily increasing economic activity, rising share and property values was taken for granted. This was how our world functioned. It was our norm. Now, it’s become expected. ....
As explained in that study of past cases, in all cases where there have been big debt crises and the debt is denominated in currencies that central banks can print ....
In this post, I am giving a highly condensed version of what I described in my book Principles for Navigating Big Debt Crises, which is an extension of the study ....