@jakeclaverqfop: A deflationary collapse is the working risk, and the last one was the 1920s into the 1930s. Boomers have lived through two recessions and no depression, so the cycle suggests one is overdue. The counterweight is AI, blockchain, and biotech compounding fast enough to grow the economy out of the debt. Expanding the money supply ahead of time may have softened the blow. This is one view, not a forecast.

Jake Claver

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Friday 13 November 2026 13:04:37 GMT