I was watching this video about long term and short term debt cycles (as simple as it is, I am still trying to full comprehend, lol), and I think I can definitely recognize we are in a period of social unrest, but where do we stand as far the cycles go?

https://www.youtube.com/watch?v=PHe0bXAIuk0


Also I have seen lots of commentary (elsewhere) regarding Buffet and the fact that he has not been buying stock since the crash, but rather selling. There are folks saying he must be predicting another crash. Others saying he has lost his touch. I feel like the latest upward swing we are seeing in the market is only fueled by short term optimism, and by folks not taking into account the pain we are going to see in the long haul. Am I wrong? Are we moving towards another crash?