November 01, 2016

Economic Storm Coming

Wil Wirtanen

http://www.economics21.org/html/perfect-storm-global-economy-2116.html

"Totally uncharted waters, no one can know exactly how the world’s bold experiment with highly unorthodox monetary policy will end. However, judging by past experience with credit booms, there are already all too many indications that this experiment will end in tears. Indeed, it would seem that a confluence of factors spawned by years of global monetary policy largesse could very well have set the stage for a world economic and financial crisis on the scale of that which occurred in the wake of the September 2008 Lehman bankruptcy."

Posted by: Timothy Birdnow at 08:50 AM | No Comments | Add Comment
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