A cautionary reminder of where we are in this story
by Adam Tagart, Peak Prosperity:
Sometimes it pays to step way back and look at things from a high level.
In response to the 2008 crisis, the world’s major central banks pumped an unprecedented amount of monetary stimulus into the system — all in the name of kick-starting enough economic growth to pull the planet out of its fundamental sinkhole of Too Much Debt.
More than six years and over $4 trillion later, what exactly can we say it did for us?
Not enough, as the following short video summarizes.
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