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MI150: Long-Term Debt Cycles & Bitcoin w/ Dylan LeClair
Millennial Investing - The Investor’s Podcast Network
Can a Great Depression Type Event Happen?
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The end of the previous long term debt cycle was the great depression time frame where we saw asset prices just collapsed. So is that a possible scenario in the end of this cycle? Like, could we see a deflationary bus and how does that affect bick coin? Yes, we i mean, if you just look at what happened over since november,. people will say, You know, bick coin, you know, the central banks can manipulate it by tightany monetary policy. O they pop the bubble. And so can a great depression type event happen? Well, yes, just withow over indebted the system is. But again, there isn't that gold standard base collateral
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