OPER - This Unprecedented Credit Crisis Will Redefine How We Invest
In the past few years, I wrote a lot about the unprecedented credit crisis I foresee. I call it “The Great Reset.”
I have to add, it isn’t what I think the future should look like or what I want to see. But almost the entire developed world has painted itself into a corner.
It might not be terrible. I don’t expect another Great Depression or economic upheaval, but the change will be profound.
We will have to adapt our portfolios and lifestyles to this new reality. The good news is big changes happen slowly.