I completely agree with peterb and others. Things may hold together, dump trucks full of duct tape, stim-bucks and magik-fed-money, but the secular trends are clear: the US is in for a long, slow grind on the macroeconomic side.
Prices may in fact return to bubble levels in the next 10 years, but I imagine this would be supported largely by inflation / dollar devaluation. I’m expecting the real effects to be an eroding standard of living and loss of wealth, in addition to debt destruction which is required.
