Modern Economic Nonsense — A Show of Recession

A recession is when the market takes a break ☕️ and slows down the expansion. You assume everything will become affordable because of the recession, and you have an opportunity to buy things you cannot afford.

The reality is you probably won’t be able to afford it even if there is a recession. Everything will become more expensive than ever 😂.

It is an economic show where the rich are shuffling their shopping cart, and the poor watch it from different angles.

It is all about debts that the rich accumulated so much that they cannot afford to have more at the same speed, so deflating a bit of debt is a healthy way to continue keeping pace to have more obligations in the future.

And the rich are not required to pay off debts.

Did you notice that 😢?

Wait, you may wonder why the rich get away from debts? Because the system is designed to be this way.

The fiat currency is a debt owed by the central bank. But they didn’t have to fulfill the obligations if they did not want to.

But people can still trade with or without a currency.

Okay, you probably think I am dreaming.