A Great Depression = A Great Recession = A Great Contraction

the world has begun an epic, long-term balance sheet adjustment.

Once apon a time there was a great wise being who wrote a book suggesting the bleeding obvious proposition that exponential growth is not suatainable, and leads, without exception, to the demise of that which chooses to grow in this manner.

The death throws of Western civilisation may advertise the birth pangs of global civilisation.