What will be the point of no return for the global stock markets? There are several numbers that can be watched but I think two of the most crucial numbers are the DOW (Dow Jones Industrial Average) and the inflation figures in the USA. When the DOW goes below 15000 and the inflation in the USA edges close to 20%, then it will be a point of no return.
Currently the DOW is above 33,000 and inflation is 4.2% (this is the official figure; the unofficial figure might be higher), and the talk of figures like 15000 and 20% will sound pessimistic, perhaps apocalyptic. But we live in pessimistic and apocalyptic times. The elites in the Western and Asian countries have lost their mind. They are doing everything that they can to destroy the economy of their country and destabilize the geopolitical balance of power. An apocalyptic downfall of several nations (especially the Western nations, since they have the maximum to lose) is now a certainty.
I think that the figures of DOW at 15000 and inflation in the USA at 20% will be reached in the next two to five years. This will make it impossible for the multinational companies (including the banks and insurance companies) to continue their operations—some of them might find it impossible to even meet their salary and pension obligations. The Central Banks will not be able to come to the rescue as the high inflation will make it impossible for them to undertake the policies like quantitative easing.
I call this the point of no return, because from here there will be possibility of recovery. This will herald the end of the America and British led world order. History will come to an end for the Western civilization.
The famous line by Charles Dickens comes to my mind: “It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of light, it was the season of darkness, it was the spring of hope, it was the winter of despair.”