Credit Crunch Mk II (2019 edition)

vendredi 13 septembre 2019

Perhaps someone who is smarter than me (with a GCSE in maths) can explain why the ECB has announced a new round of Quantitative Easing today and Trump is practically demanding the Fed to do the same? This is in the same week that Sajid Javid announces a rosy future for the UK economy and "end of austerity". What the ... is going on?? I thought Qe was only used in emergencies. Me thinks something is awry and the whole Brexit situation is distracting us from the truth that the global economy is up shit creek.


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