Quote:
Originally Posted by sperbonzo
Central banks around the world have kept interest rates at near-zero levels for nearly eight years now.
And despite having created massive bubbles and enabled extraordinary amounts of debt, their policies aren’t working.
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Well depending on how you look at the figures, many analysts are saying that we are in a big depression ie a prolonged period of sub par growth. If you take out all the fiddled GDP figures and account for inflation, it could be almost zero. There are quite literally thousands of metric you could look at but its clear things are not working.
21 New Numbers That Show That The Global Economy Is Absolutely Imploding | Zero Hedge
China is slowing down big time and the economy has essentially stalled in the US too.