The bubble that’s going to bring down the whole house of cards isn’t the stock market but government debt. At what point do government debt levels reach a tipping point? No one knows. But the massive fiscal response of governments around the world to the coronavirus pandemic have accelerating this process toward that tipping point and precipice.
Published by Henry Barnard
I am a voracious reader and also enjoy writing. I often have a very different point of view than the popular one. I do see value in debate, and thought it might add to the public debate on controversial issues if I were to express my contrarian opinions. I also started keeping my poems recently (I've written little pieces my whole adult life but never kept any); and I've been a photographer now for over 25 years. So I will be adding an occasional poem and hopefully interesting photograph to the blog along the way, just to spice things up. View all posts by Henry Barnard