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I've been saying that this will be one of the bubbles that will contribute to the coming recession/depression.
That's exactly what is happening...
forbes.com/sites/jessecol…
![Image](https://pbs.twimg.com/media/ETRnmU3WoAENs_7.png)
Record low rates led to credit and property bubbles throughout the developing world.
Almost everyone was fooled - "these are the economies of the future!" (meanwhile, it was central bank "funny money")
That bubble is now bursting violently...