Jesus Arturo Devesa Pardo - When the inconceivable actually happens?

When the inconceivable actually happens?
When the range of possibilities is very large.

What unsustainable means?
Having no choice but to continue the illusion.

How to get very extreme and very quick consequences?
Allocating liabilities to those who can not generate growth .

How to translate everything into GDP?
Measuring Behaviour of the so-called zombie companies.

What happen when panic spread through a financial system?
Desperate actions and devastating consequences.

What is the most difficult place in the world to tell the truth?
Washington DC

What is the hoarding of U.S. Treasuries
An accident waiting to happen.

What is predictable,and what is entirely predictable?A bubble and the bursting of the bubble

When is it difficult to make someone understand something?
When your way of life is based on not understanding that something.

How to go where people have not gone before?
Hitting the wall.

Why they are very selfish.
Because they are very frugal.

How to be a great strategic thinker?
Issuing perpetual bonds

What is a mortal danger for an open society?
Artificial intelligence

How to use debt?
Just for productive purposes

Why dislike the choice in front?
Because cynicism has run amok.

Who is the originator of lending in the new world?
Central banks.

When you don't have the capability to do whatever it takes.
When you try to solve a problem by taking on more of the problem.

When no one will want to hold money?
when the inflation rate take off.

How to calculate the madness of people?
With delusions

Who know how to play the game?
The extractive institutions

When a problem has no solution?
When is managed by a central bank.

Why interest rates are not set by the market?
Because economic activity is fueled by subpar debt.