To add to yesterday’s blog; I just read that the developed economies have added $1 trillion to global cash this year, all through money printing. While the emerging markets have added $2 trillion in shiny new bank loans. This is a 6% jump in global M2 just this year.
This is really scary stuff and shows we are inching ever closer to a global monetary reset, which happen about every 40 years or so. Out with the old system and in with the new.
No wonder the stock markets are in the stratosphere.