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Economics - The possibility of deflation
Causes of deflation:
- Debt stress increases, individual household debt
- Asset prices fall
The United States has the conditions to move toward deflation. China is following the path of the United States in the past, and the next cycle may be deflation.
Strategy: Mass Waterproofing US success in 2008 (increasing bubbles, debt), Japan failure around 2000 (aging)
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