Almost all governments and commentators have lined up since 2009 to support the money-printing policy but the hard bit happens now as it starts to become obvious that the policy has failed. We now have all the debt, but we don’t have the growth that would enable it to be paid off
Read More »8 Key Dynamics Which Will Impact Us Over the Next 2-3 Years & Their Eventual Consequences (+2K Views)
Risk is inevitably mispriced when unprecedented intervention suppresses risk [and, as such, the] policies that appear to have been successful for the past four years may continue to appear successful for a year or two longer but that very success comes at a steep, and as yet unpaid, price in suppressed systemic risk, cost, and consequence. [This article identifies 8] key dynamics that will continue to play out over the next two to three years [and an] understanding of the eventual consequence of such influential trends - that risk is inevitably mispriced when unprecedented intervention suppresses risk. Words: 1299
Read More »Those With Debts Will Go Broke in Coming Deflationary Depression – Here’s Why (+2K Views)
We have had massive monetary creation for decades now which we have finally come to the day of reckoning. We do not know if the top will be next month, next year or even later but we certainly are getting to the top where we cannot buy our way out of the problem through a new stimulus injection... The truth is that a terrible, deflationary depression is probably starting in the coming months. Words: 1581
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