When markets are calm , it’s easier to take a step back from the daily noise and ask ourselves the big picture questions likeIt often feels like the way we are running our economies and financial system is unsustainable in the long run, so reflecting on how we got here and what’s the ultimate Macro EndGame is a great big-picture exercise.
Our economic system produces poorer & poorer long-term economic growth due to low population growth & stagnant productivity to fight inflation and they are keen in keeping rates higher for longer. This means leverage isn’t accessible at lower rates anymore.Fiscal injections are met with true skepticism by bond vigilantes?
Politicians want to be elected, so I think they will be willing to accommodate such policies but this is easier said than done: wealth redistribution comes with deleveraging the rich and injecting resources to the poorer cohorts and this could accelerate money velocity.3) Kick the can down the road until the system implodes
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »
Source: Investingcom - 🏆 450. / 53 Read more »