Debt and growth go hand in hand (debt finances growth and growth covers debt?)...with cheap energy supporting both? Reality (resource depletion) bites and says...enough? (It's a feedback mechanism.) Reactionaries want to keep doing the SOS...trashing the planet and probably enslaving everyone in the process.
A new recession has been called by 2 sources I consider fairly trustworthy...at least 2 sets of indicators say so. Basically it's been a new kind of depression as modified by the Fed? Pattern is similar to the first one...we start to come out of it...then "austerity" measures hit and the party grinds to a halt again?