### Comment:
I've seen opinions for both sides. It's clear when assknobbers are just saying we're overdue vs. discussing the underlying evidence other than 'ALL TIME HIGH AND CRAZY P/E' and '[arbitrary # of year] BULL RUN CAN'T LAST FOREVER BRO.'

### REPLY:
Dalio would say the next recession shouldn't be a full on deleveraging like 1930 or 2008 right, given where we are in the long term debt cycle? I just watched the vid you linked and that was my takeaway. Next one should be a smaller recession in line with short term debt cycle, and not another long term debt cycle move since we just had one in 2008, or is that wrong? Thanks for posting it btw

### END.