The positive thing is that a lot of capital is floating around ready to be invested in a coming post-covid boom, but at the same time hundreds of thousands of companies worldwide are either already bankrupt or close to - then there's these shipping issues that seem non resolvable in the near term - and worst of all a lot of industries already seem way overvalued, especially the housing markets i many cities.
If the economic bubble bursts, then shipping slows down while thousands and thousands of companies close, and is bought up by megacorps laying off millions to automation and centralisation, while QE and other tools are slowly becoming unfeasible because of the gravity of climate change and a disappearing petrodollar hegemony.
So many confounding factors ending in an inflationary nightmare!
Is this take way too pessimistic?
