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© (c) Copyright Thomson Reuters 2019.In a fracturing world, central banks still stuck together
By Howard Schneider, Leika Kihara and Balazs Koranyi WASHINGTON/TOKYO/FRANKFURT©2024 GPlusMedia Inc.
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Kaerimashita
The whole world is following the remedies adopted by Japan almost 30 years ago now. And so we will see "lost decades" globally. Instead of letting nature takes its course (at least economically speaking) they are propping up markets and redundant industries/companies and transferring wealth from savers to borrowers. Late stage capitalism beginning to show signs of strain.
Melissa Shimosato
If Pres Trump could get rid of the Fed Reserve he would. He wants it all, Protectionist Policies with a splash of free trade and a trade war. This does nothing for the economy or agriculture. He expects to be bailed out of his nonsense.
Melissa Shimosato
I think what Trump and the US Govt in general fail to realize is that they are on their way to becoming the odd man out. Countries around the world have alliances outside of the UN and World Trade Organization. Development and Infrastructure are an important aspect to the global economy and alliances are made to that end. I, myself would sell bonds instead of lowering the interest rate. If it ever came to that. Climate Change Laws are another way a country can boost its own economy and spur innovation to reduce CO2 creation.