As you say, this entire situation has been supported by massive infusions of printed money intended to support the economy dating back from the last collapse.
And the massive bailout followed by quantitative easing/money-printing was already touted by Bernanke in his helicopter speech.
Which is to say that one can't imagine any response to the present embryonic crisis other than even more money being thrown at the problem.
And it seems like this money restore the status quo even as the 2007+ money didn't restore the previous quo. Rather the primary trends - printed money concentrating into the hands of the already wealthy, seems likely to simply accelerate.
How long can the circus keep going? It might collapse at any moment yet I don't think anyone knows for sure.
And the massive bailout followed by quantitative easing/money-printing was already touted by Bernanke in his helicopter speech.
Which is to say that one can't imagine any response to the present embryonic crisis other than even more money being thrown at the problem.
And it seems like this money restore the status quo even as the 2007+ money didn't restore the previous quo. Rather the primary trends - printed money concentrating into the hands of the already wealthy, seems likely to simply accelerate.
How long can the circus keep going? It might collapse at any moment yet I don't think anyone knows for sure.