Look, it's time to face a few unpleasant truths. Again, I wish I didn't have to be the person raising them over and over again, but nobody in the mainstream media seems to either get it, or care enough to do it themselves. So, here I am.
The first is: Because our systems of commerce and finance, as well as political and geopolitical power, are based on an expectation (if not requirement) of perpetual exponential growth, they are destined to fail. At some point.
The second is: Because humans 99.98% of the time prefer a future disaster over a present discomfort, we face a future shaped more by disaster than by design.
And the third: Even though the future is unpredictable, we know that the day of reckoning is one day closer because that reckoning did not happen today. At least to us. (Talk to the people in the Donbass region of Ukraine, or living on the streets in Greece, and they'd have a different opinion.) After all, the definition of a recession is your neighbor loses their job. A depression is when you also lose your job. Perception is everything.
That future arrival of a hard landing is not only closer, but it's going to be more vigorous, more unpleasant, and possibly more dangerous because the tectonic forces of reality have been held back for so long.
Instead of allowing normal market forces and business cycles to clear out the deadwood like they used to regularly and normally do, the Federal Reserve and other world central banks have intervened in attempt to prove that such cycles are unnecessary, much to our eventual discomfort and dismay.
by afridev 
