tag:blogger.com,1999:blog-2992740250270600844.post2211120500130462507..comments2024-03-24T05:26:32.964-07:00Comments on Advancing Time: A "Minsky Moment" Is When The Debt Pyramid CollapsesBruce Wildshttp://www.blogger.com/profile/10181323607060607040noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2992740250270600844.post-34586233224834803852019-12-14T08:55:38.444-08:002019-12-14T08:55:38.444-08:00Well, consider that the Yen has been allowed to ke...Well, consider that the Yen has been allowed to keep it's strength by the cooperation of all the other Central Banks, otherwise what it has been doing would have not lasted as long as it has. It's not likely the US dollar or Chinese Yuan will have the same grace period. In fact it appears we are approaching the end game when we see the FED pump massive liquidity into the banking system. Although admittedly I thought this would end years ago and have been wrong to date.skidderhttps://www.blogger.com/profile/03411027792775594335noreply@blogger.comtag:blogger.com,1999:blog-2992740250270600844.post-69108379677556525852018-11-17T05:38:17.167-08:002018-11-17T05:38:17.167-08:00Thanks for the interesting article. Japan for so...Thanks for the interesting article. Japan for some reason is the advanced model for this experiment. The have govt debt 3x GDP. So far so good. This makes no sense to me but for some reason they plow ahead. If we use Japan as the model for irresponsible central bank and govt largess/debt we have a long way to go. We are currently at 1xGDP in govt debt. How this ends is anyones guess.hmkhttps://www.blogger.com/profile/04134300141115326832noreply@blogger.com