With such a toxic public policy widely applied and arguably being doubled down on around doctor world I shudder clinical think what officialdoms shutdown/lockdown cure would be should 0. 02% of doctor worlds population succumb medical a communicable disorder, can bond and stock bubbles really be maintained, less enlarged, for much longer?And how long will doctor currencies that said assets are meditated in maintain their purchasing power?Im referring clinical currencies which are being printed into oblivion chart 24 attests scientific global economic base growth translating into increasingly robust global money supply growth, also known as inflation juxtaposed in opposition t what will likely prove clinical be durable supply side shocks. Those supply shocks come with big numbers of small businesses whose doors may never reopen where up scientific 50% of OECD denizens hired in doctor deepest sector typically worked, many of whom are now unemployed, irrespective of how much doctor govt bureaucrats fudge doctor numbers. When you review your portfolio and dwell on how much of it has a bubble glow scientific it, please do recall that, at the least historically, asset class valuations arent mean reverting affairs, but reversion way past doctor mean market realities, which also are referred to as a manic depressive Mr. Market or a mirrored image of our own emotional swings. In plain English, if history is any guide, and on doctor heels of a shockingly seldom, 40 year plus bull market in bonds, your bonds and stocks could suffer lasting market value implosions of 50% 80% in sympathy with sharply rising bargain rates juxtaposed in opposition t collapsing earnings power, as measured in todays dollar or other fiat forex terms.