The game of infinite growth has to stop at some point. The idea of extremely low interest rates is to make the scam go further. However, the problem is spilling over to other markets, like the stock market, real estate, and other assets.
>The game of infinite growth has to stop at some point.
I couldn't agree more, but I don't think that anyone in a position to stop it will ever do so given the dire consequences that are sure to follow. Unfortunately our entire economic and political system is based on kicking the can down the road and hoping that it doesn't fall apart until someone else is in charge.
My best illustration for the world economy is a group of people owning pieces of a balloon. As the balloon expands, everybody is happy to see that their property is growing and expanding as well. The only problem is that they don't seem to realize that blowing the ballon forever will certainly cause it to pop, reducing their property to nothing.
