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You Know, You're in a Tail Spin, That's Really Hard to Recover From.
We are in that kind of past event erising stage for a lot, especially developed countries. One way or another, we're going to see defaults. We actly have the biggest gap wou've ever had between policy rates and inflation rates since the 19 forties. The last time we did financial pression, we had a gap this wide. And we're kind of back in this financial repression. But they're not at the stage where they're officially doing it.