a deepening global Depression just began. It’ll last years before ending, and cause grave harm to billions worldwide, not responsible for their leaders’ malfeasance, especially those domiciled on Wall Street, complicit with political puppets in Washington they own.
Moreover, the greater pain caused, the more they benefit like their Western counterparts, wrecking their economies for personal gain.
No wonder astute analysts like Grantham expressed lack of confidence in America’s leaders, disgust with a “dysfunctional Congress,” and questioned “capitalism itself,” perhaps self-destructing as he wrote.
For billions of global victims, it can’t happen a moment too soon, if it isn’t already too late to help.