- Joined
- Feb 17, 2019
- Messages
- 147
- Reaction score
- 22
- Location
- Spain
- Gender
- Male
- Political Leaning
- Libertarian - Left
This is how I see the world economy:
Imagine a family that has debts and to which, from time to time, they grant a credit, being, in this way, increasingly indebted.
Every time they have just been granted a loan, they live well for a season.
This, in the world economy, would correspond to the now called times of expansion, and the moments of growth in the stock markets.
Logically, as they are increasingly indebted, from time to time, when they are already running out of funds, they go through difficulties to get a credit, moments when they fall into misery and have to endure with very few resources, even if they are moments, normally, when their accounting balance improves.
This, in the world economy and in the stock markets, would be what would correspond to the now called times of contraction and recession.
Imagine a family that has debts and to which, from time to time, they grant a credit, being, in this way, increasingly indebted.
Every time they have just been granted a loan, they live well for a season.
This, in the world economy, would correspond to the now called times of expansion, and the moments of growth in the stock markets.
Logically, as they are increasingly indebted, from time to time, when they are already running out of funds, they go through difficulties to get a credit, moments when they fall into misery and have to endure with very few resources, even if they are moments, normally, when their accounting balance improves.
This, in the world economy and in the stock markets, would be what would correspond to the now called times of contraction and recession.
Last edited: