Re:Economist Mohamed El-Erian warns about the risk of 'zombi...
by cylinder on Wednesday June 17, 2020 @09:11AM
(#23550911)
I think in terms of the money supply, assets haven't gone up in excess of the increase in money. so not a bubble yet. too many people skeptical of it to be a bubble.
I don't see any big progress or innovations to get velocity into money so we are going to be stagnant for some time.
give it 10-20 years then baby boomers won't be around and we can proceed with a global project against climate change and for renewables, I think that will be it.
I don't see any big progress or innovations to get velocity into money so we are going to be stagnant for some time.
give it 10-20 years then baby boomers won't be around and we can proceed with a global project against climate change and for renewables, I think that will be it.