Economists don't understand the financial cycle. They assume that overinvestment, misallocation of capital, and speculation will continue forever while everyone waits for the economy to float back from China. To be sure, Central Bank psychopaths have extended this zombified clusterfuck far beyond its unnatural life, however that will just make the final implosion all the more spectacular...
"666 global interest rate cuts and untold trillions in stimulus couldn't put the Globalized exploitation scheme together again..."
Wave 2 is short-covering ahead of final implosion. When everything collapses at the same time, after eight years of non-stop bullshit, because "no one saw it coming..."