: Leveraged buying peaks; central banks tighten policy, and debt service costs rise .
: A deflationary depression in the U.S. marked by bank failures and a collapsing stock market . Big Debt Crises
: The economy slowly returns to normal, often taking 5–10 years for GDP to recover . 🛠️ The Four Policy Levers : Leveraged buying peaks; central banks tighten policy,
The difference between and deflationary deleveragings. Current market indicators that suggest a bubble is forming. : Leveraged buying peaks