Is There a Global Depression?

I see really no way out of it I think when I say no way out clearly there are ways out. situation by now they would have pivoted but because we have kind inflation because nothing high backward looking inflation because nothing has blown up it seems like there is no choice for them to just drive this economy into the ground slowly and painfully It's not an overnight thing just as this bear market on stocks it's been going on for several months with a lot of rebounds a lot of bounces but they keep driving this thing into the ground. paradoxically I think the people who will the best will be Europe and Japan well this is an absolutely fascinating conversation Alex because you're one of very few people