Ludwig von Mises - The final collapse

The final collapse
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.

Our take on this quote:

⚡️Navigating the Credit Storm ⚠️💥

Echoing the economist's warning, we confront the consequences of a colossal credit expansion. A somber reminder that a boom built on excessive credit is destined for a collapse. The choices before us are stark: embrace the discomfort of voluntary credit restraint to avert an early crisis or risk the perilous path of a total currency catastrophe in the future. Let us strive for prudence and resilience in our financial systems. 💪🌍