And the rebuttal is going to be, "Nooo. it's the COVID lockdowns causing CO2 emissions to drop. We should extend them for climate."
Grand Solar Minimum is real. Global Warming is a fucking hoax.
There are many good reasons that could easily explain the flock of so many wealthy families and investors to Switzerland and all of them have been reinforced by the pandemic. For one thing, the local measures that were adopted to contain the virus were far less restrictive than those that were enforced in Germany, France, Italy or the UK.
So sorry, America, but your central bank is certifiably insane, and it’s not going to magically work out.
History definitively shows that speculative bubbles always pop–always. Every speculative bubble mania, regardless of its supposed uniqueness–“it’s different this time”–pops. No speculative bubble has ever “reached a permanently high plateau” and then remained on the plateau for years.