Your “reply” is not very engaging, and it feels like you are mocking strawman shit that was never said. That is very unpleasant, and nobody likes that. You have read an awful lot into two sentences where there was only a short opinion. Not every opinion has to offer a 'balanced' take of pros and cons on every issue.

If you must have an elephant-winded reply, surely you most likely know perfectly well what was meant by "cheap liquidity" in the sense of accommodative monetary policy, low interest rates, and quantitative easing more broadly. As has been seen around the world, this was intended to maintain asset levels, liquidity in key markets such as mortgages and bonds, reduce unemployment, and keep investor and consumer confidence buoyed. What we received in addition to this partially successful set of policies however were significantly cheap debt encouraging record household and corporate debt levels, near zero savings rates incentivizing spending and penalizing retirement savings, artificially inflated asset levels with the twofold consequences of encouraging risk taking at unprecedented levels to achieve quick returns and of outsized housing prices keeping many renting or paying a very large portion of their income for basic housing, and a slew of overpriced tech companies and startups, many of which were scams and never going to be profitable, that probably won't survive the current, ongoing market slowdown. Zombie companies, record wealth concentration, market control and production being concentrated into increasingly fewer firms through aggressive acquisitions and mergers, and rampant inflation are all ongoing consequences of this "cheap liquidity." Many companies have borrowed billions of dollars to raise dividends and to initiate stock buybacks as is their won't during low interest rates. However, many of these companies operating in critical industries also expect government bailouts without any strings attached or consequences given. Please do be pedantic and explain how all of this is positive, perhaps in a 'tautologically' true way and balanced manner.