Maybe but there's a long ways to go before our assets become unloved. You have immigration, inflation, euro dollar, foreign investors, and so on. I think the most realistic scenario for at least the next few decades is the TINA trade. Yeah eventually this falls apart but it will also take a LONG time for all the foreign debt to unwind.
I think the quickest path to deflation is CBDC or some return to real money where value discovery drives prices. This will quickly cause ask the fake and gay service / ad based monetization schemes to approach zero and collapse Teflon tech
Maybe but there's a long ways to go before our assets become unloved. You have immigration, inflation, euro dollar, foreign investors, and so on. I think the most realistic scenario for at least the next few decades is the TINA trade. Yeah eventually this falls apart but it will also take a LONG time for all the foreign debt to unwind.
I think the quickest path to deflation is CBDC or some return to real money where value discovery drives prices. This will quickly cause ask the fake and gay service / ad based monetization schemes to approach zero and collapse Teflon tech