Divergent trends cannot be extrapolated, so a crisis is inevitable

Current economic and financial trends in OECD countries cannot possibly be extrapolated: it is impossible to imagine the OECD economy continuing on these divergent paths. One must therefore expect a crisis that changes the economic dynamics. What trends cannot be extrapolated in OECD countries? The rise in debt ratios (public and private); The increase in the money supply; The rise in asset prices and therefore wealth; The skewing of income distribution against wage earners. This gives a clear picture of the nature of the coming crisis: Catch-up in wages, leading to additional inflation; Leading to a more restrictive monetary policy, driv ing down asset prices and wealth; Resulting in the need for deleveraging, leading to a recession due to a fall in spending by households, companies and governments.