Too Long; Didn't Read
The Age Of “Whatever It Takes” Economic Policies is the result of a global pandemic hitting our financial system. Central banks are adopting “whatever it takes” economic policies. Global debt is $250 trillion and our system is still 3x leveraged. The Fed announced unlimited QE measures and slashed interest rates to zero. Yet, after crashing, the markets are almost to an all-time high. Everything seems to be pointing towards more bleeding markets – a 10% unemployment level, massive layoffs, an uptick in cases – yet they stay green.