From Slowdown To Crisis. Liquidity and low rates, wrong solutions for the wrong diagnosis

From Slowdown To Crisis. Liquidity and low rates, wrong solutions for the wrong diagnosisThe recent macroeconomic data of the leading economies point to a widespread slowdown. What is more concerning is not just a logical moderation in the path of growth, but the acceleration in the weakening of economies that were supposed to be stronger and healthier. It is even more concerning that this aggressive worsening of key leading indicators in China, the EU, and most emerging economies happens at the peak of the largest monetary and fiscal stimulus in decades. Continue reading From Slowdown To Crisis. Liquidity and low rates, wrong solutions for the wrong diagnosis