"With the commercial real estate bubble bursting... once the Fed starts cutting rates later this year, interest rates will likely stay low for several years, and QE is likely to come back in 2024."
Poster Comment:
Not just commercial real estate. There are lots of unpayable loans out there. A Depression is a period in time when Unpayable loans are cancelled en masse which under our debt based currency system collapses money supply. From 1929 to 1933 the US currency supply shrank 31%. If we had a non-interest bearing currency and repealed fractional reserve banking, then there would be no Depressions like the 1930s when from 3 to 7 million Americans starved to death.