this post was submitted on 23 Feb 2026
255 points (97.8% liked)
Technology
81759 readers
3018 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Just remember that every year the World's Economy has to grow enough to cover the interest rate payments in all outstanding debt (or money itself has to inflate away fast enough to offset it, and since interest rates are naturally set up to be above inflation - otherwise Financial Institutions would be losing money - that's unlikely)
There are two ways to offset this:
Overall debt is increasing as per the article.
Interest rates are below historical average since what was done after 2008 which was supposed to be temporary wasn't fully wound back, so there's a lot less room there for central banks to do something about it.
Actually solving the underlying problems behind the 2008 Crash was pushed to the Future with some interest rate engineering, and it looks a lot like The Future Is Today, and this time around rather than just an over-indebtness plus Finance overextension problem, we seem to have over-indebtness, a massive Tech bubble (like in 2000) AND asset price bubbles in all manner of asset classes, from economically peripheral things like crypto to core things like housing.
I've been expecting a massive crash since I saw what passed for a "solution" back in 2009-12, but shit is turning up to be way worse than I expected due to all the additional resource malallocation and mispriceing in the Economy.
thanks for that comment
what did you study to be able to trace these?
Almost a decade in Investment Banking and I started reading a lot about Economics (from books, not random websites) after the 2008 Crash to try and understand what the fuck had happenned and what was being done about it.
That said, take what I wrote with a large pinch of salt, especially the first part which is an idea that I have of how that part of things work (based on Mathematics and Finance industry knowledge), not a proper peer reviewed theory from Economics.
I've pieced together a lot of knowledge I read about with understanding I gained from the inside of the Finance Industry (such as their way of valuing future money as well as things like fair value and fundamentals when it comes to markets), but the assembled thing as a whole is my own theory.
That said, my money is were my mouth is, and I've been highly invested in Gold (known as the ultimate safe asset) since 2012, and that has so far returned 500% on the original investment during that period, thus so far I seem to be at least partially right about the direction things are going (some kind over overall devaluation of traditional strong currencies and near-stagflation getting worse as the inherent disfunctionalities of the current value allocation system make it harder and harder for it to keep going as is), though that doesn't mean I'm right on the Why.
PS: Recommended books to read - "This Time is Different" for an Historical perspective on Economic Crashes and "Freakonomics" for a look of on human decision making in an Economics context (which turns out to be very different from the homo economicus human behaviour model that underpins Free Market Economics theories) from Behaviour Economics which is the only part of Economics that actually conducts experiments.