Does a deterministic self-assembly time-based fractal pattern govern the growth and decay of asset valuations in the asset- debt macroeconomic system? While central banks can and do control credit and debt expansion in the system, the countervailing limiting factor against continuous GDP expansion is aggregate consumer ability to expand collective personal debt in the framework of ongoing income and accumulated prior debt to make purchases in an asset over-valued environment.

The ACWI, the world equity proxy, is a descendant of the US 1807 x/2.5x/2.5x/1.5x :: 36/90/90/54 year 4 phase equity/commodity progenitor fractal series originating 15 years after the Buttonwood agreement in 1792.

Does – the 27 Oct 2023 to 17 June 2025 55/139/135/83 day :: x/2,5x/2.5x/1.5x 4-phase fractal series concluding 1982 to 2025 peak growth and initiating incipient decay in a 1982 to 2026 13/33 year 1st and 2nd fractal series- represent a fractal replica of the US 1807 great 4-phase fractal series? Time will soon tell.