A Quick Sanity Check
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.
Many of you are already well-familiar with this theme. Hopefully this video provides a welcome reminder that you’re not crazy, despite the persisting artificial heights of today’s asset prices. And perhaps more important, it’s intended to be an easily-sharable resource for waking up new ears to our message of prudent caution:
…click on the above link to read the rest of the article…
