Cryptocurrencies: 5,988
Markets: 545
Marketcap: $ 501.26 B
24h Vol: $ 129.14 B
BTC Dominance: 61.92%

Global market data

Cryptocurrencies: 5,988
Markets: 545
Marketcap: $ 501.26 B
24h Vol: $ 129.14 B
BTC Dominance: 61.92%

[ZEROHEDGE] Next Up: Global Depression

Zero Hedge

Next Up: Global Depression

Tyler Durden

Mon, 10/26/2020 – 08:55

Authored by Charles Hugh Smith via OfTwoMinds blog,

The belief that central banks printing currency can “buy/fix” everything that’s broken, lost or scarce is the ultimate in denial, fantasy and magical thinking.

Let’s revisit the pandemic projection chart I prepared on February 2, 2020, nine days after authorities publicly acknowledged the Covid virus outbreak in China. Wave 2 shown on the chart is now underway with a vengeance and next up is Global Depression.

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