The global bond market is what dictates the liquidity to stocks, its what dictates the world its what starts wars and its what ends wars.
Currently I see many post focused on "recession" "market crash" when the giant elephant in the room is the global bond market and the US reserve dollar that is currently in danger.
Why must we start foreign sanctions and battles with a country beginning with R? its very simple. There's a fight for the dollars survival. Covid 19 pushed the FRED past the point of no return and there is no going back to the structured system that was already falling apart.
Treasury Interest is now getting at dangerous levels of unpayable amounts, Government Debt is rising by the trillions in a parabolic move that is getting steeper by the month.
What has to happen?
The FRED will force the US power to globally cut rates in all major economies while the FRED also has to start cutting back to zero while halting the fall of the DXY
(forcing military action on other countries who do not cut rates and hinder their local currency)
The last time in history something like this has happened was during the 1927-1931 period of discount rate blunders.
US CPI is indicating we have entered a new stage of no turning back and this is the danger of printing money, QE will be forced in the nature of Yield Curve Control and the excess liquidity and currency will debase the markets violently in an upward notion, following this people will end up panicking being on the sidelines entering the market with heavy leverage and borrowed funds at lower rates.
This is a type of scenario that would collapse Rome, Would end the Soviet Union. Expect dangerous policies, socialist developments, anti ownership, sparks of new wars.
Only when you price this event in something like Bitcoin you can then re evaluate how much money will have to be printed to keep up this momentum without causing a depression with unemployment rates sky rocking and the Government defaulting on the debt.