In your opinion, are SHRINKING central bank balance sheets an issue?
There is always another bubble. When one pops, the next one starts. This is a constant factor because of central bank policies. They have created this mess and will continue to do so for the foreseeable future. Today we see corporate debt skyrocketing, along with all other forms of debt. This, combined with shrinking liquidity will be completely disastrous for the global economy.
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Amount Outstanding of Total Debt Securities in Non-Financial Corporations Sector, All Maturities, Residence of Issuer in United States | FRED | St. Louis Fed
Nonfinancial corporate business; debt securities; liability, Level | FRED | St. Louis Fed
Amount Outstanding of Domestic Debt Securities for Non-financial Corporations Issuers, All Maturities, Residence of Issuer in China | FRED | St. Louis Fed
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Velocity of M2 Money Stock | FRED | St. Louis Fed
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